Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER681B. Assets and Liabilities |
NRS681B.070. Reserve for unearned premiums for marine and transportation insurance.
Latest version.
- 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)