{"data":{"id":"us/31-cfr-50.31","jurisdiction":"us","citation":"31 CFR 50.31","heading":"Entities that do not share profits and losses with private sector insurers.","body":"(a) Treatment. A state residual market insurance entity or a state workers' compensation fund that does not share profits and losses with a private sector insurer is deemed to be a separate insurer under the Program.\n(b) Premium calculation. A state residual market insurance entity or a state workers' compensation fund that is deemed to be a separate insurer should follow the guidelines specified in § 50.4(h)(1) or (2) for the purposes of calculating the appropriate measure of direct earned premium.","path":["Title 31—Money and Finance: Treasury","Subtitle A—Office of the Secretary of the Treasury","PART 50—TERRORISM RISK INSURANCE PROGRAM","Subpart D—State Residual Market Insurance Entities; State Workers' Compensation Funds"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"b8a5616b5dc9e17ed5ecbae6d7f058e8d78d321c2f6b41bf7be365eb5f4fe84f","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-50.30","next":"us/31-cfr-50.32"},"notice":"GroundRules: Original legal text. Not legal advice."}