Section 376.1017 - Plan to establish loss reserves - plan to establish surplus account, amount1. A plan shall establish loss reserves for all incurred losses, both reported and unreported, and for unearned premiums.2. A plan also shall establish a surplus account equal to the greater of the following:(1) Three times the average paid monthly premium during the plan's most recent fund year;(2) For plans which do not yet have one fund year's experience, three times estimated monthly premium; or(3) Six hundred thousand dollars.