(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.
Structure Maryland Statutes
Title 5 - Assets, Liabilities, Reserves, and Investments of Insurers
Section 5-201.1 - Annual Actuarial Verification of Reserves
Section 5-202 - Inadequate Reserves of Insurer
Section 5-203 - Active Life Reserves for Health Insurance Policies
Section 5-206 - Guaranty Fund or Unearned Premium Reserves for Title Insurance Contracts