Commission Factors

2023 A&O Factor Update

February 20, 2024

As you are probably aware, RMA determines the final industry factor for the 2023 A&O in October 2024. We utilize this information to determine agent commissions. The factor changes monthly until that date. The February accounting report reflected industry uncapped A&O of $2,661,128,680 and the statutory cap of $1,283,432,191. The factor is developed from these numbers and is currently at 48.23% ($1,283,432,191 / $2,661,128,680). The number is changing as more industry wide premiums are processed and/or adjusted for the 2023 year.

In 2023, we are currently paying commissions at 47.25%.

Thank you,
NAU Country

2024 A&O Factor Update

January 22, 2024

In 2024, we will begin paying commissions at 47.25%.

Thank you,
NAU Country