Alaska Statutes 21.18.070 – Unearned premium reserve for marine and transportation insurance
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Alaska Statutes 21.18.070
- month: means a calendar month unless otherwise expressed. See Alaska Statutes 01.10.060
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.