2020 A&O Factor Update
December 30, 2019
In 2020, we will begin paying commissions at 75.00%
2019 A&O Factor Update
December 18, 2019
As you are probably aware, RMA determines the final industry factor for the 2019 A&O in October 2020. 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 $1,691,859,542 and the statutory cap of $1,283,432,191. The factor is developed from these numbers and is currently at 75.8593% ($1,283,432,191 / $1,691,859,542). The number is changing as more industry wide premiums are processed and/or adjusted for the 2019 year.
In 2019, we are currently paying commissions at 75%.