(a) A reciprocal insurer shall (1) have and use a business name; the name must include the word 'reciprocal' or 'interinsurer' or 'exchange' or 'underwriters' or 'underwriting' or 'association'; (2) sue and be sued in its own name. (b) In addition to the requirements of (a) of this section, a cooperative insurer organized under AS 21.75.300 - 21.75.330 shall include the word 'cooperative' in its name.
Alaska Legal Code