N.M. Admin. Code § 13.18.3.23 - FORM C OTHER INSURANCE REPORT
OTHER INSURANCE REPORT
Name of Insurer: ______________________________________________ Calendar Year: ______________
INSURANCE OTHER THAN CREDITOR-PLACED INSURANCE
| (1) Blanket Insurance Policies | (2) Other Credit Property Insurance Not Force-Placed | (3) Total Credit Property Insurance Not Force-Placed (1)+(2) | (4) All Other Insurance Purchased by a New Mexico Creditor |
| A. Gross Written Premium | |||
| B. Refunds on Terminations | |||
| C. Net Written Premium (A)-(B) | |||
| D. Beginning Premium Reserve | |||
| E. Ending Premium reserve | |||
| F. Net Earned Premium (C)+(D)-(E) | |||
| G. Other Income Less Other Expenses | |||
| H. Policyholder Dividends | |||
| I. Incurred Losses | |||
| J. LAE Incurred | |||
| K. Commissions Incurred | |||
| L. Service Fees Incurred | |||
| M. Other Incurred Compensation | |||
| N. Other Acquisition Expenses | |||
| O. Other Underwriting Expenses | |||
| P. Total Loss and Expense Sum (H) to (O) | |||
| Q. Underwriting Profit (F)+(G)-(P) |
Instructions:
1.
Provide all data direct as to reinsurance.
2. In column (1), report New Mexico
experience on credit property blanket policies.
3. In column (2), report New Mexico
experience on non-file insurance, errors and omissions insurance, coverages
prohibited by 13 NMAC 18.3.11 [now
13.18.3.11 NMAC], and all credit
property insurance other than creditor-placed insurance or blanket
insurance.
4. In column (4), report
all insurance purchased by a creditor other than credit property
insurance.
5. LAE means loss
adjustment expense.
6. Other
underwriting expenses means the sum of taxes, licenses, fees, and general
expenses. The experience reported should be consistent with the insurance
expense exhibit of the insurer's annual statement.
7. Provide a description of the insurance
listed in Column (2)
Notes
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