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    Home - Insurance - Alaska House approves bill to exclude fishing co-ops from certain insurance regulations
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    Alaska House approves bill to exclude fishing co-ops from certain insurance regulations

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    Alaska House approves bill to exclude fishing co-ops from certain insurance regulations
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    Earlier in the legislative session, lawmakers considered creating a formal risk pool for commercial fishermen, modeled after municipal programs. Insurance Commissioner Lori Wing-Heier said such a pool could be established but noted concerns about funding and eligibility. She said the industry’s current financial condition could limit its ability to sustain a risk pool and added that certain types of vessels, such as older wooden boats, may face market bias.



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