This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on March 18, 1996. The length of the article is 476 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A California judge is ordering the state insurance commission to stop crediting insurers for premium tax payments and agent and brokers' commissions and fees when calculating Proposition 103 refunds. A 1993 law allows the commission to factor in 1989 payments when setting refunds, but the Proposition 103 Enforcement Project is challenging the law. Agent and brokers' principal concern about the ruling is that insurers will seek reimbursement from them.

Citation Details
Title: Ruling may put agents on spot for Prop. 103 refunds.(California ruling would eliminate credits for insurance commissions, fees, tax payments on premiums)
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: March 18, 1996
Publisher: The National Underwriter Company
Issue: n12 Page: p2(2)

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