§ 48.12.080. Increased reserves
(1) If the commissioner determines that an insurer's unearned premium reserves, however computed, are inadequate, he may require the insurer to compute such reserves or any part thereof according to such other method or methods as are prescribed in this chapter.
(2) If the loss experience of an insurer shows that its loss reserves, however estimated, are inadequate, the commissioner shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.
[1947 c 79 § .12.08; Rem. Supp. 1947 § 45.12.08.]
Sections: Previous 48.12.010 48.12.020 48.12.030 48.12.040 48.12.050 48.12.060 48.12.070 48.12.080 48.12.090 48.12.100 48.12.110 48.12.140 48.12.154 48.12.156 48.12.158 NextLast modified: April 7, 2009