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 106.6 - Records required
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 106.6
Current through Register Vol. 46, No. 12, March 20, 2024
(a) The methods followed in allocating joint expenses shall be described, kept and supported as set forth under "detail of allocation bases" (see section 109.4[g], infra).
(b) The effects of the application, to each operating expense classification of all bases of allocation shall be shown on records kept in clear and legible form. Such records shall be readily available for examination.
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