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2009 Budget Presentation
Premium, Revenues, & Expenses
The Service Office processed 1,200,427 The Service Office processed 1,200,427 policy transactionspolicy transactions
Received and processed more than 3,500 Received and processed more than 3,500 Quarterly Report AffidavitsQuarterly Report Affidavits
The Compliance Review Program The Compliance Review Program scheduled and distributed reports to 167 scheduled and distributed reports to 167 Agents with an overall industry Agents with an overall industry compliance rate of 93.8%compliance rate of 93.8%
The Service Office distributed 152 New The Service Office distributed 152 New Agent PacketsAgent Packets
Delivered five continuing education courses Delivered five continuing education courses taught around the state to 206 attendees.taught around the state to 206 attendees.
The Service Office filed more than 800 continuing The Service Office filed more than 800 continuing education hours with DFS for students completing education hours with DFS for students completing classroom and online classes.classroom and online classes.
The Service Office enrolled 129 students into its The Service Office enrolled 129 students into its online education program.online education program.
The Service Office distributed nearly 9,000 The Service Office distributed nearly 9,000 informational itemsinformational items
Completed and distributed 25 combined electronic Completed and distributed 25 combined electronic news (eNews) and alert news (eAlert) bulletinsnews (eNews) and alert news (eAlert) bulletins
Posted 66 different industry related news items to Posted 66 different industry related news items to websitewebsite
Accounting DataAccounting Data Total Agent Invoices Processed: 12,468Total Agent Invoices Processed: 12,468 Total IPC Submissions Processed: 19,604Total IPC Submissions Processed: 19,604 Total Amount Billed for Taxes: $211,200, 469Total Amount Billed for Taxes: $211,200, 469 Total Amount Bill for Assessments: $57,850,310Total Amount Bill for Assessments: $57,850,310
Variance AnalysisVariance Analysis The Variance Program identified 261 unreported The Variance Program identified 261 unreported
policies with $98,320,389 in premium.policies with $98,320,389 in premium. Insurer ServicesInsurer Services
2,424 submissions were received2,424 submissions were received 539 insurer financials were posted539 insurer financials were posted Six applications were reviewed and sent to the Six applications were reviewed and sent to the
Office of Insurance Regulation for Approval Office of Insurance Regulation for Approval