---
kind: "section"
citation: "31 C.F.R. § 50.31"
title: "31"
number: "50.31"
heading: "Entities that do not share profits and losses with private sector insurers."
url: "https://uscodex.org/cfr/31/50.31"
---

# §50.31. Entities that do not share profits and losses with private sector insurers.

- (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.
- (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)](/cfr/31/50.4.md?p=h-1) or [(2)](/cfr/31/50.4.md?p=h-2) for the purposes of calculating the appropriate measure of direct earned premium.

## Notes

### Authority

Authority: 5 U.S.C. 301; 31 U.S.C. 321; Title I, Pub. L. 107-297, 116 Stat. 2322, as amended by Pub. L. 109-144, 119 Stat. 2660, Pub. L. 110-160, 121 Stat. 1839, Pub. L. 114-1, 129 Stat. 3, and Pub. L. 116-94, 133 Stat. 2534 (15 U.S.C. 6701 note); Pub. L. 114-74, 129 Stat. 601, Title VII (28 U.S.C. 2461 note).

### Source

Source: 81 FR 93765, Dec. 21, 2016, unless otherwise noted.