General Expense Information: 110 Percent of Industry Median
Section 2251.002 (1) prohibits the use in rate calculations of certain administrative expenses that exceed 110 percent of the industry median. The following information is published for use by all companies writing any line of insurance subject to this Section. The information concerning 110 percent of the industry median should be reflected in any rate indications utilizing 2013, 2014, or 2015 expense data (see the Filings Made Easy Guide, Exhibit E, line 9i). The information in this report is updated annually.
|Residential Allied Lines||6.2||7.2||9.3|
|Commercial Allied Lines||6.1||7.2||9.3|
|Commercial Multiple Peril (non-liability portion)||7.8||7.8||8.1|
|Commercial Multiple Peril (liability portion)||6.9||7.7||7.6|
|Other General Liability||5.7||5.6||6.0|
|Private Passenger Automobile - Liability||5.7||6.2||7.8|
|Private Passenger Automobile - Physical Damage||5.3||6.1||7.3|
|Commercial Automobile - Liability||6.9||8.1||6.7|
|Commercial Automobile - Physical Damage||7.6||7.6||8.0|
Note: Each line of insurance that a company writes in Texas is counted separately in determining the median.
*Figures shown for years 2013 and 2014 are for multi-peril crop.
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Last updated: 03/09/2017