8 Alaska Admin. Code § 46.035

Current through May 31, 2024

Section 8 AAC 46.035 - Factors considered for approval of a governmental entity's application for self-insurance authorization certificate

In order to determine a governmental entity's financial ability to meet the obligations under the Act, the board will review the governmental entity's annual financial reports and consider the

(1) compensation loss history, outstanding compensation claims liability, and proposed excess insurance coverage;

(2) safety program;

(3) obligations under all other self-insurance programs, including the self-insured retention levels;

(4) claims facilities and administration;

(5) present tax level; and

(6) bonded indebtedness.

8 AAC 46.035

Eff. 11/20/83, Register 88; am 6/20/2010, Register 194

Authority:AS 23.30.005

AS 23.30.075

AS 23.30.090

AS 44.31.020