Ala. Code § 27-36-6

Current through the 2024 Regular Session.

Section 27-36-6 - Increase of inadequate loss reserves

If loss experience shows that an insurer's loss reserves, however computed or estimated, are inadequate, the commissioner shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.

Ala. Code § 27-36-6 (1975)

Acts 1971, No. 407, p. 707, §742.