1. (a) The purpose of 3 AAC 26.010 - 3 AAC 26.300 is to define minimum standards for claim settlement acts and practices.
2. (b) Violation of a standard is an unfair or deceptive act and is prohibited.
3. (c) Violation of a standard with such frequency as to indicate a general business practice is an unfair or deceptive practice and is prohibited.
4. (d) Violation of a standard by a person who knew or should have known an act or practice violated the standard is subject to an additional penalty under AS 21.36.910(e).

(Eff. 5/6/89, Register 110)

Authority: AS 21.06.090, AS 21.36.125, AS 21.36.910, AS 21.36.010, AS 21.36.900