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for CALENDAR YEAR 2022

Arizona 140nr 2022-2025 Form

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Instructions and help about 140nr az

hi everyone this is Don Grimm in this video I'll describe the key differences between policy year calendar year and accident year let's Jump Right In before we Define each of the terms we're going to review a helpful diagram once you understand the simple diagram the definition of the various terms will be much clearer along the x-axis is the date and along the y-axis is the percent of Premium earned beginning at zero and extending to a hundred percent let's populate the x-axis with some arbitrary dates we're going to start by looking at an example for a single 12-month policy suppose the policy was written on January 1st 2024 the premium is earned uniformly over time and is represented by a straight line extending from January 1st to December 31st of 2024. at the earlier date the policy is zero percent earned and at the latter date it is a hundred percent earned next consider another 12-month policy written on December 31st of 2024 it can be rep

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AZ DoR 140NR 2023
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