New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IV - Financial Condition Of Insurer and Reports to Superintendent
Subchapter C - Fire, Marine, Casualty And Surety Insurers
Part 106 - Allocation Of Joint Expenses To Companies
Section 106.2 - Allocation of joint expenses
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 106.2
Current through Register Vol. 46, No. 12, March 20, 2024
Joint expenses, as described in section 105.25(a), supra, shall be allocated to companies as follows:
| Expenses to be allocated to companies | Bases of allocation to companies |
| Advertising | Premiums |
| Boards, bureaus and associations | Special studies |
| Surveys and underwriting reports | Special studies |
| Audit of assureds' records | Special studies |
| Salaries | See special instructions relating to the allocation of salaries and other expenses (Part 109) |
| Employee relations and welfare | Overhead on salaries |
| Pensions | Overhead on salaries |
| Travel and travel items | Special studies |
| Rent and rent items | Overhead on salaries |
| Equipment | Overhead on salaries |
| Printing and stationery | Overhead on salaries |
| Postage, telephone and telegraph exchange and express | Overhead on salaries |
| Legal and auditing | Special studies |
| Payroll taxes | Overhead on salaries |
| Miscellaneous | Special studies |
Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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