2017 A&O Factor Update
March 20, 2018
As you are probably aware, RMA determines the final industry factor for the 2017 A&O in October 2018. We utilize this information to determine agent commissions. The factor changes monthly until that date. The March accounting report reflected industry uncapped A&O of $1,713,198,739 and the statutory cap of $1,283,432,191. The factor is developed from these numbers and is currently at 74.9144% ($1,283,432,191 / $1,713,198,739). The number is changing as more industry wide premiums are processed and/or adjusted for the 2017 year.
In 2017, we are currently paying commissions at 72.5%.
2018 A&O Factor Update
January 22, 2018
In 2018, we are currently paying commissions at 72.5%.