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Maine · Through October 1, 2025

24-A M.R.S. §3624: Unearned premium reserve

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Where this section sits in the code
  1. TITLE 24-A: MAINE INSURANCE CODE
  2. CHAPTER 51: DOMESTIC MUTUAL ASSESSMENT INSURERS

An insurer which collects a cash premium or advance assessment shall maintain an unearned premium reserve equal to 50% of the cash premium or advance assessment on its policies in force.

Collected 2026-09-04T15:12:33Z. Source file · JSON

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