HB0005a -1- HB 5
New Text Underlined [DELETED TEXT BRACKETED]
34-LS0158\A
HOUSE BILL NO. 5
IN THE LEGISLATURE OF THE STATE OF ALASKA
THIRTY-FOURTH LEGISLATURE - FIRST SESSION
BY REPRESENTATIVE MCCABE
Introduced: 1/10/25
Referred: Prefiled
A BILL
FOR AN ACT ENTITLED
"An Act prohibiting certain insurance decisions based solely on a person's status as an 1
elected official." 2
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 3
* Section 1. AS 21.36 is amended by adding a new section to article 5 to read: 4
Sec. 21.36.525. Decisions based on elected official status. (a) A person 5
transacting insurance in this state may not, solely because of a person's status as an 6
elected official, 7
(1) refuse to issue or renew insurance coverage; 8
(2) limit the scope of insurance coverage; 9
(3) cancel an existing policy of insurance; 10
(4) deny a covered claim; or 11
(5) increase the premium, policy fees, or rates charged on an insurance 12
policy. 13
(b) The provisions of (a) of this section do not apply if the refusal, limitation, 14 34-LS0158\A
HB 5 -2- HB0005a
New Text Underlined [DELETED TEXT BRACKETED]
cancellation, denial, or increase is 1
(1) based on sound underwriting or actuarial principles reasonably 2
related to actual or anticipated loss experience; or 3
(2) required or authorized by law or regulation. 4
(c) In this section, "elected official" means a member of the legislature, the 5
governor, the lieutenant governor, a member of the state's congressional delegation, a 6
constitutional convention delegate, a borough or city mayor, or a member of a borough 7
or city assembly, council, or school board. 8
* Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to 9
read: 10
APPLICABILITY. This Act applies to an insurance policy or contract issued, 11
delivered, or renewed on or after the effective date of this Act. 12