§ 2645.5. Fixed Expenses.
10 CA ADC § 2645.5Barclays Official California Code of Regulations
10 CCR § 2645.5
§ 2645.5. Fixed Expenses.
(b) For rollback calculations, fixed expenses for each line shall be set at the lower of the quantity specified in section 2644.12, subdivision (a), or actual recorded expenses for calendar year 1989. For rollback calculations the term “maximum profit factor” in section 2644.12 means “profit factor” as defined in section 2645.6.
Line | Captive Writer | Direct Writer | Independ Agency |
---|
Fire | 41.50% | 28.83% | 41.88% |
Allied Lines | 36.65% | 29.54% | 33.20% |
Farmowners Multiple Peril | 36.16% | 36.16% | 36.16% |
Homeowners Multiple Peril | 32.77% | 24.28% | 40.86% |
Commercial Multiple Peril | 34.02% | 30.13% | 39.59% |
Inland Marine | 32.91% | 33.99% | 33.10% |
Financial Guaranty | 15.01% | 15.01% | 15.01% |
Medical Malpractice | 18.36% | 18.36% | 18.36% |
Earthquake | 41.13% | 17.35% | 30.94% |
Other Liability | 35.01% | 14.92% | 28.63% |
Pvt Pass Auto Liability | 27.01% | 19.01% | 33.16% |
Comml Auto Liab | 33.86% | 19.78% | 31.63% |
Pvt Pass Auto Phys Damage | 27.13% | 19.87% | 34.49% |
Comml Auto Phys Damage | 31.81% | 17.04% | 35.97% |
Aircraft | 24.07% | 29.22% | 24.27% |
Fidelity | 26.84% | 26.84% | 26.84% |
Surety | 42.56% | 51.77% | 53.76% |
Glass | 39.97% | 39.97% | 39.97% |
Burglary & Theft | 27.48% | 27.48% | 27.48% |
Boiler & Machinery | 27.86% | 31.76% | 52.54% |
Credit | 44.69% | 44.69% | 44.69% |
Credits
Note: Authority cited: Sections 1861.01 and 1861.05, Insurance Code. Reference: Sections 1861.01 and 1861.05, Insurance Code; Calfarm Insurance Company v. Deukmejian (1989) 48 Cal.3d 805.
History
1. New section filed 8-13-91 as an emergency; operative 8-13-91 (Register 92, No. 3). A Certificate of Compliance must be transmitted to OAL 12-11-91 or emergency language will be repealed by operation of law on the following day.
2. New subsections (a) and (c) filed 10-8-91 as an emergency; operative 10-8-91 (Register 92, No. 13). A Certificate of Compliance must be transmitted to OAL 2-5-92 or emergency language will be repealed by operation of law on the following day.
3. Editorial correction of file and operative dates in History 2. (Register 92, No. 19).
4. New section filed 2-20-92 as an emergency; operative 2-20-92 (Register 92, No. 19). A Certificate of Compliance must be transmitted to OAL 6-19-92 or emergency language will be repealed by operation of law on the following day.
5. Certificate of Compliance as to 2-20-92 order transmitted to OAL 6-19-92 and filed 7-28-92 (Register 92, No. 31).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 2645.5, 10 CA ADC § 2645.5
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