Delaware Code § 18-1107

Unearned premium reserve for marine and transportation insurance
Open in Lexace · Ask the AI about this section
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.

‹ Prev All Delaware sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.