28 TAC § 7.6. Unearned Premium Reserve for Inland Marine Insurance

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Texas Administrative Code › Title 28 INSURANCE › Part 1 TEXAS DEPARTMENT OF INSURANCE › Chapter 7 CORPORATE AND FINANCIAL REGULATION › 28 TAC § 7.6

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

In accordance with the Insurance Code, Articles 6.02 and 6.12, inland marine and inland marine connected transportation coverages of transit or cargo risks will be reserved at 100% of the premium charged on unexpired risks. The coverages subject to the 100% reserve will ordinarily be identified as coverages written on flat rate bases and without stipulated terms other than expiration limits. All other inland marine coverages will be reserved in accordance with the Insurance Code, Article 6.01.

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