{"id":"AK-045","kind":"order","level":"sector-regulator","jurisdiction":"Alaska","state":"AK","metro":"","industry":"","agency":"","eco":"","issuer":"Division of Insurance, Department of Commerce, Community, and Economic Development (Director)","authority":"AS 21.06.080(d) (director\u0027s emergency authority)","instrument":"Bulletin B 20-08","title":"Fair Treatment of Consumers During State of Emergency Due to COVID-19 (Novel Coronavirus)","dateIssued":"2020-03-18","effective":"2020-03-18","end":"2020-06-01 (\u0027This bulletin remains in effect until June 1, 2020\u0027)","startDate":"2020-03-18","endDate":"2020-06-01","quarters":["2020Q2"],"types":["OTHER"],"addressees":["all insurers authorized to transact insurance in Alaska"],"clause":"The Alaska Division of Insurance (DOI) prohibits carriers from terminating insurance contracts due to non-payment.... The extension of the grace period does not eliminate the obligation to pay the premium, but limits policy cancellation for late payment. Carriers are encouraged to work with policyholders in the collection of premiums and to waive all late fees.","enforcement":"Regulatory guidance with the force of the director\u0027s emergency authority under AS 21.06.080(d)","functions":["IN insurance (cancellation and collection)","SV servicing and collections"],"notes":"","sourceUrl":"https://www.commerce.alaska.gov/web/Portals/11/Pub/INS_B20-08.pdf","snapshot":"","fileExists":true,"fileBytes":380638,"grade":"primary","character":"","description":"","collection":"AK","url":"/library/AK-045","exhibitUrl":"/exhibit/AK-045","citation":"Division of Insurance, Department of Commerce, Community, and Economic Development (Director), Bulletin B 20-08 (Mar. 18, 2020) (Ex. AK-045)","stateName":"Alaska","related":[]}