§431:3-205 Funds required of new insurers. Subject to section 431:3-203(a)(2), to qualify to transact any one class of insurance, an insurer, not existing and authorized in this State on July 1, 1988, shall:
Schedule "A"
Class of Insurance Amount Required
Life $ 600,000
Accident and Health or Sickness 450,000
Property 750,000
Marine and Transportation 1,000,000
Vehicle 1,000,000
General Casualty 1,500,000
Surety 1,000,000
Title 400,000.
[L 1987, c 347, pt of §2 as superseded by c 348, §2; am L 1989, c 195, §13; am L 2003, c 212, §20; am L 2018, c 18, §24]