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Texas Insurance Code - INS § 3502.153. Unearned Premium Reserve

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Except as provided by Subsection (b), the unearned premium reserve on mortgage guaranty insurance must be computed in accordance with this code.

(b) For a policy covering a risk period of more than one year, the unearned premium reserve must be computed in accordance with standards adopted by the commissioner after appropriate hearings.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 3502.153. Unearned Premium Reserve - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-3502-153/

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