Section 21.18.070. Unearned premium reserve for marine and transportation insurance.  


Latest version.
  • As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be considered unearned and the director may require the insurer to carry a reserve equal to 100 percent of premiums on trip risks written during the month ended as of the date of statement.

Authorities

21.18.060

Notes


References

AS 21.18.060 Unearned premium reserve.
History

(Sec. 1 ch 120 SLA 1966)