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- Alaska Statutes.
- Title 21. Insurance
- Chapter 18. Assets and Liabilities
- Section 70. Unearned Premium Reserve For Marine and Transportation Insurance.
previous: Section 60
. Unearned Premium Reserve.
next: Section 73
. Unearned Premium Reserve For Title Insurance.
AS 21.18.070. Unearned Premium Reserve For Marine and Transportation Insurance.
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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