StacksVerified U.S. regulatory reference

31 CFR §50.31

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Treatment. A state residual market insurance entity or a state workers' compensation fund that does not share profits and losses with a private sector insurer is deemed to be a separate insurer under the Program.
  2. (b)Premium calculation. A state residual market insurance entity or a state workers' compensation fund that is deemed to be a separate insurer should follow the guidelines specified in § 50.4(h)(1) or (2) for the purposes of calculating the appropriate measure of direct earned premium.