Del. Code tit. 18 § 1107

Current through 2024 Legislative Session Act Chapter 531

Section 1107 - Unearned premium reserve for marine and transportation insurance

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% of premiums on trip risks written during the month ended as of the date of statement.

18 Del. C. § 1107

18 Del. C. 1953, § 1107; 56 Del. Laws, c. 380, § 1.;