Bill

Bill > HB29


AK HB29

AK HB29
Insurance Discrimination


summary

Introduced
01/19/2023
In Committee
05/09/2024
Crossed Over
05/13/2023
Passed
07/16/2024
Dead
Vetoed
08/01/2024

Introduced Session

33rd Legislature

Bill Summary

An Act prohibiting certain insurance decisions based solely on a person's status as an elected official.

AI Summary

This bill prohibits certain insurance decisions, such as refusing to issue or renew coverage, limiting coverage, canceling policies, denying claims, or increasing premiums, based solely on a person's status as an elected official. However, these prohibitions do not apply if the decision is based on sound underwriting or actuarial principles related to actual or anticipated loss experience, or if the decision is required or authorized by law or regulation. The bill defines "elected official" to include members of the legislature, the governor, the lieutenant governor, members of the state's congressional delegation, constitutional convention delegates, borough or city mayors, and members of borough or city assemblies, councils, or school boards. The bill applies to insurance policies or contracts issued, delivered, or renewed on or after the effective date of the Act.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

VETOED BY GOVERNOR 7/30/24 (on 08/01/2024)

bill text


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