NCRF Frequently Asked Questions

Member's Participation Reports

What is the correct statutory accounting treatment of the information received by the NCRF in the Member Participation Reports?

Q2.

What are the Cessions Without Premiums – Warning List, Cessions Without Premiums - Charge List and Policy Records with Questionable or Ineligible Transactions Report (FQ-1)?

Q3. Why do the Member’s Participation Reports seem to change dramatically in the December quarter?

Q4. AIPSO sent our company a quarterly report showing our participation share of the Facility's results of operations. The report provides detail as to the amount of premiums and losses that our company assumes from the Facility, which then provides either a net payable due the Facility or a receivable due our company. How is the payable/receivable settled between our company and the Facility?

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5401 Six Forks Rd, Raleigh, NC 27609 Phone: (919) 783-9790

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