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Alaska Insurance (AK)

In 2001 there were 193,000 ordinary life insurance policies in force with a total value of $20.8 billion; total value for all categories of life insurance (ordinary, group, industrial, and credit) was $31.0 billion. Death benefits paid that year totaled $77.3 million. As of 2003, there were no life insurance companies based on Alaska, but seven property and casualty insurance companies domiciled there.

Property and casualty insurers wrote premiums amounting to $910 million in 1998. That year, there were 2,458 flood insurance policies in force in the state, with a total value of $325,568.

The insurance industry is regulated by the Department of Commerce and Economic Development's Division of Insurance.