AK HB245

Establishes a new 4% tax rate specifically for workers' compensation insurance premiums, added as a separate category to the existing insurance tax structure

Removes the fixed 2.9% and 2.5% service fee rates for employers and insurers respectively, replacing them with variable percentages to be set by regulation, capped at a maximum of 4%

Requires the board to annually review and adjust service fee percentages by regulation for both employer payments and insurer direct premium income

Authorizes electronic mail service for workers' compensation documents when parties are represented by authorized representatives, who must file a notice of appearance including their email address

Replaces registered mail requirements with certified mail for service on unrepresented parties, while allowing those parties to opt into electronic service