Section 3 AAC 26.510 - Policy with a right or duty to defend A policy under which an insurer has a right or duty to provide a defense for an insured for liability for which the policy provides coycraee must provide coverage for the payment of attorney fees taxable as costs against the insured under Alaska Rule of Civil Procedure 82,
(1) except as provided in 3 AAC 26.525 and 3 AAC 26.535; and(2) subject to the following minimum limits:(A) as an additional amount of coverage, a policy that provides a defense in addition to an aplicable limit of liability must provide for payment of attorney fees awarded as costs against an insured under Alaska Rule of Civil Procedure 82 that is not less than the amount calculated by applying the schedule for contested cases in Alaska Rule of Civil Procedure 82(b)(1) to the limit of liability of the applicable coverage;(B) as an additional amount of coverage, a policy that provides a defense within an applicable limit of liability less than $1,000,000 must provide for payment of attorney fees awarded as costs against an insured under Alaska Rule of Civil Procedure 82 that is not less than the greater of (i) the amount calculated by applying the schedule for contested cases in Alaska Rule of Civil Procedure 82(b)(1) to the limit of liability of the applicable coverage; or(C) a policy that provides a defense within an applicable limit of liability of $1,000,000 or more may include within its applicable limit of liability coverage for attorney fees awarded as costs against an insured under Alaska Rule of Civil Procedure 82.Eff. 7/1/96, Register 138; am 12/20/2020, Register 236, January 2021 Authority:AS 21.06.090
AS 21.36.900
AS 21.42.120
AS 21.42.130
AS 21.42.160