AK Property & Casualty case studies
AK Property & Casualty · Put your knowledge to work in context.
The Alaska Property and Casualty insurance license is a state producer credential that allows you to sell, solicit, and negotiate property and casualty insurance products in Alaska. It is intended for people entering the insurance industry - new agents, agency staff, and producers moving into the state - and for those adding a property and casualty line to an existing license. The AK Property & Casualty case studies are 5 cases and about 4,222 words.
1The Estate Auction Truck: Insurable Interest and the Stated Amount
Dana buys a restored 1978 flatbed at an estate auction for 28,000. Under the auction terms, title stays with the estate until the 12,000 promissory note Dana signs is paid off; Dana takes possession immediately and bears the risk of loss.
741 words, about 4 min2Coinsurance Arithmetic on the Kenai Warehouse
Kenaicraft Storage LLC owns a single warehouse in Kenai. The building's replacement cost at the time of loss is 1,200,000.
722 words, about 4 min3The Wasilla Junction Box: Occurrence, Your Work, and a Misleading Certificate
Northline Builders is the general contractor for a retail build-out in Wasilla. Susitna Electric, a subcontractor, installs the service panel and branch wiring.
843 words, about 4 min4Kachemak Risk Advisors: Surplus Lines and the Premium Trust
A producer at a small agency in Homer is asked to place 3M property and 2M CGL for a remote fishing lodge. Six admitted carriers decline, citing wildfire exposure and a 2022 kitchen fire.
895 words, about 4 min5The Anchorage Home Daycare, the Frozen Pipes, and the Boarder's E-Bike
A homeowner in Anchorage insures her house under an HO-3 with 450,000 Coverage A on the residence premises. She runs a licensed daycare for up to eight children five days a week and has 14,000 of cribs, cots, and toys plus a climbing structure in the fenced backyard.
1,021 words, about 5 min