New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter V - Rates And Rating Organizations
Subchapter F - Treatment Of Excess Profits In Motor Vehicle Insurance
Part 166 - Treatment Of Excess Profits In Motor Vehicle Insurance
Subpart 166-1 - General Rules
Section 166-1.1 - Reasonable rate of return

(a) The reasonable rate of return shall be 18 percent.

(b) The department accepts its consultant's methodology, and the resulting reasonable rate of return of 18 percent. The methodology appropriately measures rates of return by line of business in a single state, as the law requires, and, since it is based on an analysis of prior years' results, it is suitable for use in a retrospective review of profitability.

(c) See section 166-2.1 of this Part for discussion of this section.