RSA 420-O:5 Reserves.

I. An institution shall establish reserves with the amounts necessary to satisfy all contractual obligations and liabilities of the plan, including:
(a) Funds for the payment of claims and expenses thereon reported but not yet paid, and claims and expenses thereon incurred but not yet reported, which shall not be less than an amount equal to 25 percent of expected incurred claims and expenses thereon for the current plan year, unless a qualified actuary has demonstrated to the commissioner's satisfaction that a lesser amount shall be adequate.
(b) Funds for unearned premium equivalents, computed pro-rata on the basis of the unexpired portion of the policy period.
(c) Contingency funds, established and maintained for the sole purpose of satisfying unexpected obligat