Section 8 AAC 55.035 - Right to subrogation(a) If the department pays benefits from the fund, the department, to the extent of the value of the benefits, is subrogated to the rights of the fisherman for a claim against a third party arising from an injury, disability, occupational disease, or cardiovascular disease covered by AS 23.35.010-23.35.150 and this chapter and to the proceeds of an insurance policy covering an injury, disability, occupational disease, or cardiovascular disease covered by AS 23.35.010-23.35.150 and this chapter.(b) If the department asserts a claim of subrogation against a fisherman, the department may hold future claims in abeyance pending resolution of the subrogated claim.Eff. 12/26/86, Register 100; am 7/13/2012, Register 203