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Code · Alaska · Title 21 · Chapter 39

Sec. 21.39.045. Workers' compensation rate filings.

125 words·~1 min read·/ak/title-21/chapter-39/21-39-045

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Sec. 21.39.045. Workers' compensation rate filings.
(a)Notwithstanding any other provision of this chapter, a rate filing for workers' compensation insurance that classifies a risk in the construction industry may not contain or impose a higher premium rate if the risk upon which the higher rate filing is based consists only of a higher wage rate paid by the employer.
(b)The director shall accept a rate filing for workers' compensation insurance if the filing includes a reasonable method of recognizing differences in rates of pay for the construction industry, and the method uses a credit scale that begins at an amount equal to the average weekly wage in this state for the construction industry as determined by the Department of Labor and Workforce Development.
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