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2025 Alaska Statutes
Title 21. Insurance
Chapter 18. Assets and Liabilities
Sec. 21.18.070. Unearned premium reserve for marine and transportation insurance
Universal Citation:
AK Stat § 21.18.070 (2025)
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As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be considered unearned and the director 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.
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