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New Mexico · Through 2026-07-01

59A-8-10: Unearned premium reserve, marine and transportation insurance.

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Where this section sits in the code
  1. Chapter 59A - Insurance Code
  2. ARTICLE 8 Assets and Liabilities

As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned; and the superintendent may require the insurer to carry a reserve equal to one hundred percent of premiums on trip risks written during the month ended as of the date of statement.

Collected 2026-09-03T15:02:20Z. Source file · JSON

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