On July 13, 2015, the director of Alaska’s Division of Insurance published a list of surplus lines insurers that are eligible to write non-admitted business within the state. The Non-admitted and Reinsurance Reform Act (“NRRA”) identified the eligibility requirements that Alaska may impose on a company to be an eligible surplus lines insurer. An insurer is deemed ineligible and removed from the list if it does not meet all of the NRRA and domestic state requirements. All alien insurers that are on the NAIC’s Quarterly Listing of Alien Insurers are eligible to write non-admitted business in Alaska.

Three statuses were assigned to the various insurers included on the director’s list. Those companies that are “white listed” are foreign companies that meet the NRRA and domestic state requirements. “IID listed” insurers are alien companies that are on the NAIC’s Quarterly Listing of Alien Insurers. Finally, “listing approved” insurers are alien companies that are not on the NAIC’s Quarterly Listing of Alien Insurers but are approved by Alaska.

Alaska Bulletin B 15-06, effective July 13, 2015.