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Florida Publishes Annual Profit and Contingency Factors

April 30, 2015 AAIS Advisory notice

A recent bulletin from the Florida Office of Insurance Regulation lists underwriting profit and contingency factors insurers can use in rate filings when they are unable to develop credible profit and contingency factors from their own data.

Factors are listed for 21 lines of property and liability insurance, including fidelity, surety, and guaranty lines.

AAIS Advisory notices are posted periodically to announce AAIS product developments, and to provide news items that are relevant to our program users. Advisory notices are news summaries that paraphrase documents which should be consulted directly for complete, authoritative information. 

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