The bill amends Alaska's insurance laws to enhance the regulation of travel insurance and related practices. It introduces new definitions for terms such as "blanket travel insurance," "cancellation fee waiver," and "travel assistance services," and establishes that travel insurance premiums will be taxed based on the residency of the policyholder. Additionally, it modifies the powers of the director of the division of insurance to issue a travel insurance limited producer license and clarifies exceptions to discrimination and rebates in insurance practices, allowing insurers to offer value-added products at no or reduced cost under certain conditions. The bill also sets forth regulations regarding the sale and marketing of travel insurance, prohibiting misleading advertising practices and ensuring transparency in sales practices.

Moreover, the bill outlines classification and filing requirements for travel insurance, specifying eligible groups for group policies and establishing licensing requirements for travel insurance limited producers and retailers. It also updates definitions related to travel insurance coverage and clarifies the roles of various entities in the industry. In terms of unemployment benefits, the bill amends weekly benefit amounts based on base period wages, increases the allowance for dependents, and mandates annual adjustments to benefits based on contributions, with changes contingent upon federal approval and a conditional effective date set for January 1, 2027, or upon federal approval.

Statutes affected:
HB0302A, AM HB 302, introduced 02/11/2026: 21.09.210, 21.42.825, 21.27.990, 21.27.150, 21.42.805, 21.27.100, 21.27.152, 21.96.020, 21.27.115, 21.36.515, U.S.C, 21.42.800, 21.42.810, 21.42.815, 21.42.820
HB0302B, AM CSHB 302(L&C), introduced 04/16/2026: 21.09.210, 21.42.825, 21.27.990, 21.27.150, 21.42.805, 21.27.100, 21.27.152, 21.96.020, 21.27.115, 21.36.515, U.S.C, 21.42.800, 21.42.810, 21.42.815, 21.42.820
HB0302C, AM SCS CSHB 302(TRA), introduced 05/14/2026: 21.09.210, 21.42.825, 21.27.990, 21.27.150, 21.42.805, 21.27.100, 21.27.152, 21.96.020, 21.27.115, 21.36.515, 21.36.010, 21.36.110, 21.36.090, 21.36.100, 21.54.100, 21.36.120, U.S.C, 21.42.800, 21.42.810, 21.42.815, 21.42.130, 21.42.820
HB0302D, AM SCS CSHB 302(TRA) am S, introduced 05/20/2026, passed Senate 05/20/2026: 21.09.210, 21.42.825, 21.27.990, 21.27.150, 21.42.805, 21.27.100, 21.27.152, 21.96.020, 21.27.115, 21.36.515, 21.36.010, 21.36.110, 21.36.090, 21.36.100, 21.54.100, 21.36.120, U.S.C, 21.42.800, 21.42.810, 21.42.815, 21.42.130, 21.42.820, 23.20.350, 23.20.175
HB0302Z, AM Enrolled HB 302, introduced 05/20/2026: 21.09.210, 21.42.825, 21.27.990, 21.27.150, 21.42.805, 21.27.100, 21.27.152, 21.96.020, 21.27.115, 21.36.515, 21.36.010, 21.36.110, 21.36.090, 21.36.100, 21.54.100, 21.36.120, U.S.C, 21.42.800, 21.42.810, 21.42.815, 21.42.130, 21.42.820, 23.20.350, 23.20.175