2018 A&O Factor Update
June 18, 2019
As you are probably aware, RMA determines the final industry factor for the 2018 A&O in October 2019. We utilize this information to determine agent commissions. The factor changes monthly until that date. The June accounting report reflected industry uncapped A&O of $1,642,995,066 and the statutory cap of $1,283,432,191. The factor is developed from these numbers and is currently at 78.1154% ($1,283,432,191 / $1,642,995,066). The number is changing as more industry wide premiums are processed and/or adjusted for the 2018 year.
In 2018, we are currently paying commissions at 75.00%.
2019 A&O Factor Update
January 22, 2019
In 2019, we are currently paying commissions at 75.00%.