The Alaska Surplus Lines Broker license

AS 21.27.790(1) is the whole of the additional qualification and it is narrow: the applicant is already licensed as an insurance producer or a managing general agent for property and casualty lines of authority. Paragraphs (2) and (3) are discretions, a bond conditioned on remitting taxes and returning premiums promptly, and an errors and omissions policy. AS 21.27.020(b) is the closed list of six general qualifications behind every individual license in the chapter and no course is in it: eighteen or older; a bona fide resident actually residing in the state, for a resident license; the examination under AS 21.27.060 passed; trustworthy; not using the license principally to write controlled business; and no act that is a ground for denial anywhere. AS 21.27.020(f) lets the director add education or experience requirements by regulation, and the regulations adopted under it, 3 AAC 23, are continuing education from end to end. The examination is the one sat for the producer or managing general agent license underneath; the chapter sets no separate surplus lines paper. AS 21.27.850(2) lets a surplus lines broker adjust claims for a non-admitted insurer without an adjuster license. The fee is $300 under 3 AAC 31.040, four times the $75 that every producer, managing general agent, reinsurance intermediary and independent adjuster license costs, and it is the only line of the producer family priced above $75. The rest of the regulation that is dearer sits outside that family: 3 AAC 31.025 prices a viatical settlement provider at $300 and a viatical settlement broker or representative at $100, and 31.020(a)(5) prices the third-party administrator and pharmacy benefits manager registrations at $300, which their own statutes have since overtaken.

Read at the Department on 2026-08-21

AS 21.27.270(b) is one reciprocity provision covering seven license types at once, the producer, limited lines, surplus lines broker, managing general agent, reinsurance intermediary broker, independent adjuster and reinsurance intermediary manager. It asks for three things: a current home state license in good standing, the fees, and either the application filed at home or a completed uniform application. The third condition is the one that can close the route without anything changing here, because it is about the other state: the home state has to award Alaska residents the same license on the same basis. AS 21.27.270(a) then goes further than most states dare, letting the director waive any license application requirement in the chapter by order to reach reciprocity under the Gramm-Leach-Bliley Act. AS 21.27.270(e) is the price of a non-resident license: an irrevocable power of attorney appointing the director to receive service of process, which stays irrevocable for as long as a cause of action could arise.

Read at the Department on 2026-08-18