Idaho Statutes

§ 41-607 — UNEARNED PREMIUM RESERVE FOR MARINE AND TRANSPORTATION INSURANCE

Idaho·Title 41 INSURANCE·Ch. 6 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 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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Idaho § 41-607 (UNEARNED PREMIUM RESERVE FOR MARINE AND TRANSPORTATION INSURANCE) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

[41-607, added 1961, ch. 330, sec. 128, p. 645.]

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