2023 A&O Factor Update
October 21, 2024
RMA has determined the final A&O factor for 2023 at 48.1820%. NAU Country was estimating the 2023 A&O factor at 47.25%. We will input the final factor in our system today and adjust agent commissions accordingly.
Thank you,
NAU Country
2024 A&O Factor Update
November 20, 2024
As you are probably aware, RMA determines the final industry factor for the 2024 A&O in October 2025. We utilize this information to determine agent commissions. The factor changes monthly until that date. The November accounting report reflected industry uncapped A&O of $2,283,750,772 and the statutory cap of $1,283,432,191. The factor is developed from these numbers and is currently at 56.19% ($1,283,432,191 / $2,283,750,772). The number is changing as more industry wide premiums are processed and/or adjusted for the 2024 year.
In 2024, we are currently paying commissions at 54.75%.
Thank you,
NAU Country