59A-8-10: Unearned premium reserve, marine and transportation insurance.
Where this section sits in the code
- Chapter 59A - Insurance Code
- 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