Figure: 28 TAC §5.4001(c)(2)(B)(i)
[1] STATEWIDE DIRECT |
[2] NET DIRECT WRITTEN PREMIUMS |
[3] COMPANY PERCENT OF STATEWIDE PREMIUMS WRITTEN |
[4] TOTAL PREMIUMS IN CATASTROPHE AREAS |
(a)(b)(c) |
Total of |
[2] ÷ Total of [2] |
(ASSOCIATION + VOLUNTARY) |
[5] NORMAL REQUIRED QUOTA IN DESIGNATED AREAS |
[6] CREDIT FOR COMPANY’S VOLUNTARY PREMIUMS |
[7] DIFFERENCE BETWEEN NORMAL REQUIRED PARTICIPATION AND VOLUNTARY CREDIT PREMIUMS |
[8] ASSOCIATION ASSESSMENT PERCENTAGE PRIOR TO OFFSET |
([3] x [4]) |
(not to exceed column [5]) |
([5] - [6]) |
[7] ÷ Total of [7] |
[9] NET ASSOCIATION ASSESSMENT PERCENTAGE |
|||
(After application of offset) |