33-2-516: Inadequate reserves -- increase required.
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
If loss experience shows that an insurer's loss reserves, however computed or estimated, are inadequate, the commissioner shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.
Collected 2026-09-14T04:52:12Z. Source file · JSON