18 Del. C. § 1107: Unearned premium reserve for marine and transportation insurance.
Where this section sits in the code
- Title 18. Insurance Code
- Insurance
- CHAPTER 11. Assets and Liabilities
- Subchapter II. Liabilities and Reserves
As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned, and the Commissioner may require the insurer to carry a reserve equal to 100% of premiums on trip risks written during the month ended as of the date of statement.
Collected 2026-09-05T23:02:24Z. Source file · JSON