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2013 Nevada Revised Statutes
Chapter 681B - Assets and Liabilities
NRS 681B.070 - Reserve for unearned premiums for marine and transportation insurance.


NV Rev Stat § 681B.070 (2013) What's This?

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.

(Added to NRS by 1971, 1611)

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