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Unearned premium reserve for marine and transportation insurance

KRS 304.6-060
in effect
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304.6-060. 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 deemed unearned; and the commissioner shall require the insurer to carry a reserve equal to one hundred percent (100%) of premiums on trip risks written during the month ended as of the date of statement. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 998, effective July 15, 2010. -- Created 1970 Ky. Acts ch. 301, subtit. 6, sec. 6, effective June 18, 1970.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16776Fetched: 10/20/2026

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