41-607 UNEARNED PREMIUM RESERVE FOR MARINE AND TRANSPORTATION INSURANCE. - Idaho Statutes

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Statutes > Idaho > Title41 > T41ch6 > T41ch6sect41-607

TITLE 41

INSURANCE

CHAPTER 6

ASSETS AND LIABILITIES

41-607. Unearned premium reserve for marine and transportation insurance. As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned; and the director may require the insurer to carry a reserve equal to one hundred per cent (100%) of premiums on trip risks written during the month ended as of the date of statement.

State Codes and Statutes

Statutes > Idaho > Title41 > T41ch6 > T41ch6sect41-607

TITLE 41

INSURANCE

CHAPTER 6

ASSETS AND LIABILITIES

41-607. Unearned premium reserve for marine and transportation insurance. As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned; and the director may require the insurer to carry a reserve equal to one hundred per cent (100%) of premiums on trip risks written during the month ended as of the date of statement.

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State Codes and Statutes

Statutes > Idaho > Title41 > T41ch6 > T41ch6sect41-607

TITLE 41

INSURANCE

CHAPTER 6

ASSETS AND LIABILITIES

41-607. Unearned premium reserve for marine and transportation insurance. As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned; and the director may require the insurer to carry a reserve equal to one hundred per cent (100%) of premiums on trip risks written during the month ended as of the date of statement.