376.1017.  Plan to establish loss reserves — plan to establish surplus account, amount. — 1.  A plan shall establish loss reserves for all incurred losses, both reported and unreported, and for unearned premiums.

  2.  A plan also shall establish a surplus account equal to the greater of the following:

  (1) Six hundred thousand dollars; or

  (2)  An amount equal to two times the authorized control level risk-based capital, as that term is defined in section 375.1250.