33-2-514: Reserve for disability insurance.
Where this section sits in the code
- TITLE 33. INSURANCE AND INSURANCE COMPANIES
- CHAPTER 2. REGULATION OF INSURANCE COMPANIES
- Part 5. Assets and Liabilities -- Reserves
(1) For all disability insurance policies, the insurer shall maintain an active life reserve that places a sound value on its liabilities under the policies and that may not be less than the pro rata gross unearned premiums for the policies.
(2) The commissioner may promulgate rules to define additional standards for reserve requirements.
Collected 2026-09-14T04:52:12Z. Source file · JSON