WILLIAM DONALD SCHAEFER, Governor                      Ch. 41

(i) Ten (10) years prior to the date as of
which the statement is made, $1,500 for each suit.

(ii) Five (5) or more and less than ten (10)
years prior to the date as of which the statement is made, $1,000
for each suit.

(iii) Three (3) or more and less than five (5)
years prior to the date as of which the statement is made, $850
for each suit.

(2)  For all liability policies written during the
three (3) years immediately preceding the date as of which the
statement is made, the reserve shall be sixty percent (60%) of
the earned liability premiums of each of such three (3) years
less all losses and expense payment made under liability policies
written in the corresponding years; but in any event, such
reserve shall for the first of such three (3) years be not less
than $750 for each outstanding liability suit on such year's
policies.

(3)  For all workmen's compensation claims under
policies written more than three (3) years prior to the date as
of which the statement is made, the reserve shall be the present
value at four percent (4%) interest of the determined and the
estimated future payments.

(4)  For all workmen's compensation claims under
policies written in the three (3) years immediately preceding the
date as of which the statement is made, such reserve shall be
sixty-five percent (65%) of the earned compensation premiums of
each of such three years, less all loss and loss expense payments
made in connection with such claims under policies written in the
corresponding years. But in any event in the case of the first
year of any such three-year period, such reserve shall be not
less than the present value at four percent (4%) interest of the
determined and the estimated unpaid compensation claims under
policies written during such year.

(5)(I) FOR ALL HEALTH CARE PROFESSIONAL LIABILITY
CLAIMS, THE RESERVE MAY BE STATED AT PRESENT VALUE:

1. WITH THE APPROVAL OF THE COMMISSIONER;
OR

2. WITHOUT THE APPROVAL OF THE

COMMISSIONER IF, PRIOR TO COMPUTING THE RESERVE IN ACCORDANCE
WITH THIS PARAGRAPH, THE INSURER SATISFIED THE APPLICABLE MINIMUM
CAPITAL AND SURPLUS REQUIREMENTS CONTAINED IN THIS ARTICLE.

(II) FOR PURPOSES OF THIS PARAGRAPH, "PRESENT
VALUE" MEANS THE VALUE OF DETERMINED OF ESTIMATED FUTURE PAYMENTS
DISCOUNTED FROM THE ESTIMATED DATE OF PAYMENT TO THE DATE AS OF

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