Sec. 106.2. Allocation of joint expenses  


Latest version.
  • Joint expenses, as described in section 105.25(a), supra, shall be allocated to companies as follows:
    Expenses to be allocated to companiesBases of allocation to companies
    AdvertisingPremiums
    Boards, bureaus and associationsSpecial studies
    Surveys and underwriting reportsSpecial studies
    Audit of assureds' recordsSpecial studies
    SalariesSee special instructions relating to the allocation of salaries and other expenses (Part 109)
    Employee relations and welfareOverhead on salaries
    PensionsOverhead on salaries
    Travel and travel itemsSpecial studies
    Rent and rent itemsOverhead on salaries
    EquipmentOverhead on salaries
    Printing and stationeryOverhead on salaries
    Postage, telephone and telegraph exchange and expressOverhead on salaries
    Legal and auditingSpecial studies
    Payroll taxesOverhead on salaries
    MiscellaneousSpecial studies