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Jeffry J. Cahill, Executive
Director
| Assessment History |
Assessments Authorized for 2007: |
Not available at this time. |
| |
|
| |
SINGLE
ACCOUNT |
| |
|
|
|
|
Lines Covered |
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1, 2.1, 2.2, 2.3, 3, 4, 5.1, 5.2, 9, 11, 12, 16, 17.2, 17.2,
18.2, 18.2, 19.1, 19.2, 19.2, 19.4, 21.1, 21.2, 22, 26, 27, 28,
and some 33 |
|
|
2006
Net Assessable Premium |
|
$ 879,295,644
|
|
|
Maximum Assessment (2%) |
|
$ 17,585,913 |
|
Assessment Recoupment Provision -
Rates & Premiums
Assessment Procedures - North Dakota assesses by
insolvency when we need funds. We have not had an assessment for over 10 years.
There are situations where we use cash assessed on an older insolvency to fund
our currents needs. We do not have separate accounts.
Assessments are calculated on net direct written
premium for the year prior to an assessment, not the year of insolvency.
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