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PAMIC 2010-2011 DUES STRUCTURE
(AS RECOMMENDED BY THE BUDGET COMMITTEE JUNE 4, 2010)
The 2010/2011 Dues Structure is as follows:
- Regular Members Under $100,000,000 Pennsylvania DWP: .085% of Pennsylvania DWP, subject to a maximum of $8,000 and a minimum of $1,200. Perpetual companies, defined as companies marketing policies with substantial deposit premiums, shall pay dues calculated on 10% of deposits to yield an equivalent conventional DWP.
- Regular Members Over $100,000,000 Pennsylvania DWP: $10,750
- Associate Member: Adjuster, Miscellaneous Services: $650
- Associate Member: Law Firm: $750
- Associate Member: Reinsurance Intermediary: $750
- Associate Member: Reinsurer: $1,000
- Associate Member: National Insurance Company Trade Association: Initial membership: $3,500; annual renewal: $3,000
Dues of regular members joining during the Association year will be prorated.
New regular members will have dues phased in over a 3 year introductory period, one-third of regular dues payable the first year of membership, two-thirds the second year, and the full regular membership dues the third and subsequent years of membership.
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