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Title
Delays In Payment Of Private Passenger Auto Premium Receipts/Commissions: Impact On Calculation Of Investment Income.
Authors
Schwartz, Allan I.
Abstract
Using responses of a majority of the writers of private passenger automobile insurance in North Carolina, the author demonstrates that traditional assumptions regarding the timing of premium receipts and commissions are erroneous. As a result, there may be distortions in calculation of investment income and hence in the determination of appropriate rate levels.
Publication
Journal of Insurance Regulation, 1989, Vol 7, Issue 3, p341