{"data":{"id":"us-nm/59a-8-10","jurisdiction":"us-nm","citation":"59A-8-10","heading":"Unearned premium reserve, marine and transportation insurance.","body":"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.","path":["Chapter 59A - Insurance Code","ARTICLE 8 Assets and Liabilities"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18562/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"adafde95d426eaeac3a56eda9da51f9776871fb03d3028b8385e83fef099cdf0","source_id":"us-nm","stale":false,"prev":"us-nm/59a-8-9","next":"us-nm/59a-8-11"},"notice":"GroundRules: Original legal text. Not legal advice."}