TITLE 41

INSURANCE

CHAPTER 26

SURETY INSURANCE CONTRACTS

CHAPTER 26A

MORTGAGE GUARANTY INSURANCE

41-2654.  Reserves. The insurer shall, as to mortgage guaranty insurance written by it, maintain unearned premium, contingency, and loss reserves as required by chapter 6, title 41, Idaho Code, except the unearned premium reserve for those policies covering a risk period of more than five (5) years shall be computed in accordance with formulae filed by the insurer and approved by the director.

History:

[I.C., sec. 41-2654, as added by 1972, ch. 79, sec. 1, p. 159.]