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 106. Allocation of Joint Expenses to Companies |
Sec. 106.7. Interim allocations of joint expenses
Latest version.
- It is permissible to apportion expenses between companies during the year on the basis of methods and procedures other than those prescribed herein, provided allocations of corrected amounts, calculated in accordance with Parts 105 through 109 of this Title, are made in time for entry in the annual statement.