With reference to marine insurance, premiums on trip risks not terminated shall be deemed unearned, and the Commissioner may require the insurer to carry a reserve thereon equal to 100 percent on trip risks written during the month ended as of the date of statement.
History. Code 1933, § 56-907, enacted by Ga. L. 1960, p. 289, § 1.
Cross references.
Definition of marine and transportation insurance, § 33-7-5 .