N.M. Admin. Code § 13.14.17.9

Current through Register Vol. 35, No. 23, December 10, 2024
Section 13.14.17.9 - FORM 1 - STATEMENT OF INCOME AND EXPENSES

NEW MEXICO TITLE INSURER STATISTICAL REPORT

FORM 1 - STATEMENT OF INCOME AND EXPENSES

For the Calendar Year Ending December 31, 20___

NEW MEXICO EXPERIENCE ONLY

Insurer

NAIC Code

Direct Operations

Non-Affiliated

Agency Operations

Affiliated

Agency Operations

Total

NAIC Annual Statement Schedule T

Difference

Part A - Revenue

1

Direct written premiums

0

0

2

Direct written premiums retained by agency

0

3

Direct written premiums remitted to insurer

0

0

0

0

4

Escrow and settlement service charges

0

5

Other title fees and service charges

0

6

Total other income

0

0

0

0

0

7

Total revenue

0

0

0

0

For an insurer that charges rates below the promulgated rates:

From Form 3

Difference

8

Direct premiums as if they had been written at promulgated rates

0

0

0

Part B - Expenses

Line 1 as defined per NAIC annual statement, STATEMENT OF INCOME exhibit.

Lines 2 through 22 as defined per NAIC annual statement, EXPENSES exhibit.

All entries should show NEW MEXICO expenses only and should NOT include direct charges from direct operations.

1

Losses and loss adjustment expenses incurred

0

2

Total personnel costs

0

3

Total production services purchased outside

0

4

Advertising

0

5

Boards, bureaus, and associations

0

6

Title plant rent and maintenance

0

7

Claim adjustment services

0

8

Amounts charged off, net of recoveries

0

9

Marketing and promotional expenses

0

10

Insurance

0

11

Directors' fees

0

12

Travel and travel items

0

13

Rent and rent items

0

14

Equipment

0

15

Cost or depreciation of EDP equipment and software

0

16

Printing, stationery, books, and periodicals

0

17

Postage, telephone, messenger, and express delivery

0

18

Legal and auditing

0

19

Total taxes, licenses, and fees

0

20

Real estate expenses

0

21

Real estate taxes

0

22

Aggregate write-ins for miscellaneous expenses

0

23

Total Expenses

0

0

0

0

Part C - Net Income

1

Income (Loss)

0

0

0

0

N.M. Admin. Code § 13.14.17.9

13.14.17.9 NMAC - Rp, 13.14.17.9 NMAC, 7-1-06; A, 09-15-10, Amended by New Mexico Register, Volume XXVI, Issue 24, December 30, 2015, eff. 3/1/2016, Adopted by New Mexico Register, Volume XXXI, Issue 24, December 29, 2020, eff. 1/1/2021