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2016 Idaho Statutes
Title 41 - INSURANCE
Chapter 6 - ASSETS AND LIABILITIES
Section 41-610 - INCREASE OF INADEQUATE LOSS RESERVES.

ID Code § 41-610 (2016) What's This?

41-610. Increase of inadequate loss reserves. If loss experience shows that an insurer's loss reserves, however computed or estimated, are inadequate, the director shall require the insurer to maintain loss reserves in such additional amount as is needed to make them adequate. This section does not apply as to life insurance.

History:
[41-610, added 1961, ch. 330, sec. 131, p. 645.]

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