Tex. Ins. Code § 862.104

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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.

Tex. Ins. Code § 862.104

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.