Tex. Ins. Code Section 862.104
Reserves Required for Ocean and Inland Marine Trip Insurance Companies

The total of the premiums on ocean and inland marine trip insurance risks not terminated is considered to be unearned, and the insurance company shall maintain a reserve equal to the total of the premiums for those policies.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 862.104 — Reserves Required for Ocean and Inland Marine Trip Insurance Companies, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­862.­htm#862.­104 (accessed May 26, 2025).

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May 26, 2025

§ 862.104. Reserves Required for Ocean & Inland Marine Trip Ins. Companies's source at texas​.gov