Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 5-202 - Inadequate Reserves of Insurer — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Title 1 - Definitions; General Provisions/
  5. Title 5 - Assets, Liabilities, Reserves, and Investments of Insurers/
  6. Subtitle 2 - Reserves/
  7. Section 5-202 - Inadequate Reserves of Insurer
Maryland Legal Code

Section 5-202 - Inadequate Reserves of Insurer

Ask AI about this
(a) If the Commissioner determines that an insurer’s unearned premium reserve is inadequate, the Commissioner may require the insurer to increase the unearned premium reserve and maintain it at an adequate level. (b) If the Commissioner determines that an insurer’s loss reserves are inadequate as shown by the insurer’s loss experience, the Commissioner shall require the insurer to increase the reserves and maintain them at an adequate level.