Policy and membership fees to employees when the activities for which the policy and membership fees are paid are not a part of their duties as employees.
Include:
Net allowances, reimbursements and payments for expenses of every nature, not computed as a percentage of premiums, to managers, agents, brokers, solicitors, and other producers.
Exclude:
Compensation to employees (see Salaries).
Expenses of salaried employees (see Travel and Travel Items).
Expenses of management where one insurance company has been appointed manager for another (see Joint Expenses; Commission and Brokerage-Reinsurance Assumed and Ceded; and Expenses for Account of Another).
Contingent commission (see Commission and Brokerage-Contingent).
Policy and membership fees (see Commission and Brokerage-Policy and Membership Fees).
Expenses in connection with owned real estate (see Real Estate Expenses).
Amounts representing exact reimbursements for Losses; Taxes, Licenses and Fees; Boards, Bureaus and Associations; and Advertising; where only the minimum space required by law is taken.
Amounts representing exact reimbursements for Claim Adjustment Services, Surveys and Underwriting Reports and Audit of Assureds' Records when these services are performed by others than employees of managers, agents, brokers, solicitors or other producers.
Include:
Cost of the following: Services of advertising agents; public relations counsel; space in newspapers, periodicals, billboards, programs, and other publications; circulars, pamphlets, calendars and literature issued for advertising or promotional purposes; drawings, plates, etchings, etc., in connection with advertising; all charges for printing, paper, etc., in bills covering advertising; radio broadcasts; prospect and mailing lists; signs, frames, medals, etc., for agents; souvenirs for general distribution; directory listings; house organs and similar publications distributed to others than employees; and advertising required by law when more than the minimum space required to comply with the law is taken.
Exclude:
Compensation to employees (see Salaries).
Items includable in Travel and Travel Items, Claim Adjustment Services, and Boards, Bureaus and Associations.
Cost of literature, booklets, placards, signs, etc., issued solely for accident and loss prevention (see Surveys and Underwriting Reports).
Advertising and business development expenses allowed, reimbursed or paid to managers, agents, brokers, solicitors, and other producers (see Allowances to Managers and Agents).
Cost of help wanted advertising (see Employee Relations and Welfare).
Cost of advertising in connection with owned real estate (see Real Estate Expenses).
Cost of house organs and similar publications for the use of employees (see Printing and Stationery).
Donations to organized charities (see Miscellaneous).
Cost of souvenirs not generally distributed (see Travel and Travel Items).
Include:
Dues, assessments, fees and charges of: underwriters' boards, rating organizations, statistical agencies, inspection and audit bureaus; underwriters' advisory and service organizations including such organizations as Insurance Executives Association, and Association of Casualty and Surety Companies; accident and loss prevention organizations; claim organizations; underwriting syndicates, pools and associations such as Factory Insurance Association, Oil Insurance Association, assigned risk plans (except Commission and Brokerage; Claim Adjustment Services; and Taxes, Licenses and Fees); and specific payments to boards, bureaus and associations for rate manuals, revisions, fillers, rating plans and experience data.
Exclude:
Cost of inspection, engineering or accident and loss prevention billed specifically to individual companies (see Surveys and Underwriting Reports).
Loss adjustment expenses billed specifically to individual companies (see Claim Adjustment Services).
Allowances under reinsurance contracts for board and bureau expenses (see Commission and Brokerage-Reinsurance Assumed and Ceded).
Payments to State Industrial Commissions (see Taxes, Licenses and Fees).
Payments into State Security Funds (see Taxes, Licenses and Fees).
Commission and Brokerage, Claim Adjustment Services, and Taxes, Licenses and Fees of underwriting syndicates, pools, and associations such as Factory Insurance Associations and Oil Insurance Association.
Cost of survey, credit, moral hazard, character and commercial reports obtained for underwriting purposes (see Surveys and Underwriting Reports).
Cost of commercial reporting services (see Surveys and Underwriting Reports).
Dues and subscriptions to social or civic clubs or affairs (see Travel and Travel Items).
Dues and subscriptions to accounting, legal, actuarial or similar societies and associations (see Travel and Travel Items).
Dues and subscriptions to accounting, legal, actuarial or similar societies and associations (see Travel and Travel Items).
Include cost of the following:
Survey, credit, moral hazard, character and commercial reports obtained for underwriting purposes.
Commercial reporting services.
Appraisals for underwriting purposes.
Fire records.
Inspection, engineering, and accident and loss prevention billed specifically.
Literature, booklets, placards, signs, etc., issued solely for accident and loss prevention.
Maps and corrections.
Services of medical examiners for underwriting purposes.
Exclude:
Compensation to employees (see Salaries).
Expenses of salaried employees (see Travel and Travel Items).
Items includable in Boards, Bureaus and Associations; Claim Adjustment Services; and Allowances to Managers and Agents.
Cost of character or credit reports on employees or applicants for employment (see Employee Relations and Welfare).
Fees for physical examination of employees or applicants for employment (see Employee Relations and Welfare).
Income from inspections, which shall be classified in accordance with the instruction “Income from Special Services".
Include:
Auditing fees and expenses of independent auditors for auditing payrolls and other premium bases.
Exclude:
Compensation to employees (see Salaries).
Expenses of salaried employees (see Travel and Travel Items).
Items includable in Claim Adjustment Services.
Items includable in Allowances to Managers and Agents.
Include:
Salaries, bonus, overtime, contingent compensation, pay while on leave, dismissal allowance, pay while training and other compensation of employees.
Commission and brokerage to employees when the activities for which the commission is paid are a part of their duties as employees.
Exclude: Salaries or wages of janitors, caretakers, maintenance persons and agents paid in connection with owned real estate (see Real Estate Expenses).
Include:
Cost of retirement insurance.
Payments or appropriations to funds irrevocably devoted to the payment of pensions or other employees' benefits.
Pensions or other retirement allowances.
Accident, health and hospitalization insurance for employees. Group life insurance for employees.
Worker's compensation insurance.
Payments to or on behalf of employees under self-insurance.
Any other insurance for the benefit of employees.
Exclude:
Cost of insurance on lives of employees when the company is the beneficiary (such cost shall not appear among expenses, but shall be charged to surplus).
Payments or appropriations to pension funds not irrevocably devoted to the payment of pensions or other employees' benefits (such payments or appropriations shall not appear among expenses).
Items includable in Real Estate Expenses.
All other types of insurance premiums.
Include cost of:
Advertising-help wanted.
