2150 ARTICLE 48A

All unallocated liability loss expense payments made in a given calendar
year subsequent to the first four years in which an insurer has been issuing
liability policies shall be distributed as follows: Thirty-five per centum
shall be charged to the policies written in that year, forty per centum to
the policies written in the preceding year, ten per centum to the policies
written in the second year preceding, ten per centum to the policies written
in the third year preceding and five per centum to the policies written in
the fourth year preceding. Such payments made in each of the first four-
calendar years in which an insurer issued liability policies shall be dis-
tributed as follows: In the first calendar year one hundred per centum
shall be charged to the policies written in that year; in the second calendar
year fifty per centum shall be charged to the policies written in that year
and fifty per centum to the policies written in the preceding year; in the
third calendar year forty per centum shall be charged to the policies
written in that year, forty per centum to the policies written in the pre-
ceding year, and twenty per centum to the policies written in the second
year preceding; and in the fourth calendar year thirty-five per centum
shall be charged to the policies written in that year, forty per centum to
the policies written in the second year preceding, and ten per centum to
the policies written in the third year preceding, and a schedule showing
such distribution shall be included in the annual statement.

All unallocated compensation loss expense payments made in a given
calendar year subsequent to the first three years in which an insurer has
been issuing compensation policies shall be distributed as follows: Forty
per centum shall be charged to the policies written in that year, forty-five
per centum to the policies written in the preceding year, ten per centum
to the policies written in the second year preceding and five per centum
to the policies written in the third year preceding. Such payments made
in each of the first three calendar years in which an insurer issues compen-
sation policies shall be distributed as follows: In the first calendar year
one hundred per centum shall be charged to the policies written in that
year; in the second calendar year fifty per centum shall be charged to
the policies written in that year and fifty per centum to the policies written
in the preceding year; in the third calendar year forty-five per centum
shall be charged to the policies written in that year, forty-five per centum
to the policies written in the preceding year and ten per centum to the
policies written in the second year preceding, and a schedule showing such
distribution shall be included in the annual statement.

Whenever, in the judgment of the insurance commissioner, the liability
or compensation loss reserves of any insurer under his supervision, cal-
culated in accordance with the foregoing provisions, are inadequate, he
may, in his discretion, require such insurer to maintain additional reserves
based upon estimated individual claims, or otherwise.

Each insurer that writes liability or compensation policies shall include
in the annual statement required by law a schedule of its experience there-
under in such form as the insurance commissioner may prescribe.

An. Code, 1924, sec. 111. 1922, ch. 492, sec. 108.

144. (Fidelity, Surety and Casualty Claim Reserves.) The reserve for
all other outstanding losses under any and all other classes of casualty
insurance policies and under every character of bond and writing obliga-
tory, executed by such casualty or bonding insurance company, shall be