2015 FINAL A&O Factor
October 19, 2016
RMA has determined the final A&O factor for 2015 at 75.19%. QBE NAU was estimating the 2015 A&O factor at 74.5%. We will input the final factor in our system today and adjust agent commissions accordingly.
2016 A&O Factor Update
December 21, 2016
As you are probably aware, RMA determines the final industry factor for the 2016 A&O in October 2017. We utilize this information to determine agent commissions. The factor changes monthly until that date. The December accounting report reflected industry uncapped A&O of $1,608,091,112 and the statutory cap of $1,283,432,191. The factor is developed from these numbers and is currently at 79.8109% ($1,283,432,191 / $1,608,091,112). The number is changing as more industry wide premiums are processed and/or adjusted for the 2016 year.
In 2016, we are currently paying commissions at 77.0.