Bill > HB302

This bill amends various Alaska statutes to regulate travel insurance and adjust unemployment benefits. It clarifies definitions related to travel insurance, including "blanket travel insurance," "cancellation fee waiver," and "travel assistance services," and specifies that premiums for travel insurance will be taxed based on the residency of the policyholder or certificate holder, or the principal place of business of a group policyholder. The bill also modifies licensing requirements for travel insurance producers and retailers, and introduces new provisions regarding value-added products and services offered by insurers, as well as rules for advertising insurance to prevent deceptive practices like offering insurance as a free incentive. Additionally, it updates the table for calculating weekly unemployment benefits and increases the allowance for dependents, with these unemployment insurance changes contingent on federal approval and set to take effect in 2027.