New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 11. Insurance |
Chapter IV. Financial Condition of Insurer and Reports to Superintendent |
Subchapter C. Fire, Marine, Casualty and Surety Insurers |
Part 105. Operating Expense Classification for Annual Statement Purposes |
Sec. 105.8. Audit of assureds' records
Latest version.
- Include:Auditing fees and expenses of independent auditors for auditing payrolls and other premium bases.Exclude:Compensation to employees (see salaries and related items).Expenses of salaried employees (see travel and travel items).Items includible in claim adjustment services.Items includible in allowances to managers and agents.