AS 21.23.070: Penalties.
Where this section sits in the code
- Title 21. Insurance.
- Chapter 23. Risk management and insurance data security.
An insurer shall pay $1,000 for each day the insurer fails to file the report within the time required in AS 21.23.030(a), not to exceed $365,000. The director may reduce the penalty under this section if the insurer demonstrates to the director that the imposition of the penalty is a financial hardship to the insurer.
Collected 2026-09-02T06:17:40Z. Source file · JSON