Idaho Statutes
§ 41-608 — RESERVE FOR DISABILITY INSURANCE
For all disability insurance policies the insurer shall maintain an active life reserve which shall place a sound value on its liabilities under such policies and be not less than the reserve according to appropriate standards set forth in regulations issued by the director and, in no event, less in the aggregate than the pro rata gross unearned premiums for such policies.
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Related
Mead v. Citizen's Automobile Inter-Insurance Exchange
297 P.2d 1042 (Idaho Supreme Court, 1956)
McPheters v. Central Mutual Insurance
365 P.2d 47 (Idaho Supreme Court, 1961)
Legislative History
[41-608, added 1961, ch. 330, sec. 129, p. 645.]
Nearby Sections
15
§ 41-1001
PURPOSE AND SCOPE§ 41-1002
TERMS CONSTRUED§ 41-1003
DEFINITIONS§ 41-1004
LICENSE REQUIRED§ 41-1005
EXCEPTIONS TO LICENSING§ 41-1006
APPLICATION FOR EXAMINATION§ 41-1007
APPLICATION FOR PRODUCER LICENSE§ 41-1008
PRODUCER LICENSE§ 41-1009
NONRESIDENT PRODUCER LICENSE§ 41-101
SHORT TITLE§ 41-1011
ISSUANCE — REFUSAL OF LICENSE§ 41-1012
EXEMPTION FROM EXAMINATION§ 41-1014
ASSUMED NAMES