Nevada Revised Statutes 681B.070 – Reserve for unearned premiums for marine and transportation insurance
Current as of: 2023 | Check for updates
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As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned; and the Commissioner 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.