50.95—Final amount.
(a)
Treasury shall determine if, as a final
proration, remaining insured loss payments, as
well as adjustments to previous insured loss
payments, can be made by insurers based on an
adjusted PLRP, and aggregate insured losses still
remain within the cap on annual liability. In such
a circumstance, Treasury will notify insurers as
to the final PRLP and its application to insured
losses.
(b)
If paragraph (a) of this section applies,
Treasury may require, as part of the insurer
submission for the Federal share of compensation
for insured losses, a supplementary explanation
regarding how additional payments will be provided
on previously settled insured losses.
(c)
An insurer that has prorated its insured
losses, but that has not met its insurer
deductible, remains liable for loss payments that
in the aggregate bring the insurer's total insured
loss payments up to an amount equal to the lesser
of its insured losses without proration or its
insurer deductible.