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17: 46B-18. Reserve for unpaid losses and loss expense 17: 46B-18. Reserve for unpaid losses and loss expense a. Each domestic title insurance company shall at all times establish and maintain, in addition to other reserves, a reserve: (1) Against unpaid losses, and (2) against loss expense, and shall calculate such reserves by making a careful estimate in each case of the loss and loss expense likely to be incurred, by reason of every claim presented, pursuant to notice from or on behalf of the insured, of a title defect in...
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