| Administration | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|
| FTEs | 76 | 71 | 63 | 63 | 63 |
| Appropriation | $5,919,900* | $5,306,900 | $4,650,100 | $4,403,200 | $4,190,500 |
| Expenditures | $6,088,011 | $5,329,700 | $4,717,516 | $4,343,553 | $4,154,666 |
| Lapsed | $33,467 |
| Fraud Division | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|
| FTEs | 11 | 10 | 10 | 10 | 10 |
| Expenditures | $2,662,252 | $2,214,784 | $1,783,209 | $2,064,958 | $1,380,935 |
| Department Fees/Revenue | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|
| Premium Tax | $146,068,819 | $136,163,202 | $132,079,298 | $132,109,221 | $117,298,628 |
| Surplus Lines Tax | $7,314,897 | $7,004,883 | $6,402,342 | $5,748,378 | $6,278,500 |
| Fees | $6,165,850 | $5,834,295 | $5,468,209 | $5,174,331 | $5,128,873 |
| Fraud Assessment & Investigation Recovery | $2,831,165 | $2,204,490 | $1,977,205 | $2,187,652 | $1,397,991 |
| Captive Insurance Fees | $817,334 | $258,598 | $168,602 | $6,696 | N/A |
| Title Assessment | $68,139 | $56,379 | $41,283 | $39,100 | $58,237 |
| Department Licenses | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|
| Licensed Insurers (COA) | 1,604 | 1,502 | 1,458 | 1,140 | 1,412 |
| New Agent Licenses | 14,973 | 15,796 | 15,011 | 12,032 | 11,568 |
| Licensed Agents | 71,077 | 65,645 | 58,178 | 51,478 | 48,309 |
| Licensed Agencies | 6,998 | 6,552 | 5,974 | 5,508 | 5,072 |
| New Agency Licenses | 826 | 922 | 793 | 816 | 782 |
| New & Cancelled Appointments/Designations | 234,561 | 234,561 | 218,184 | 192,409 | 171,184 |
| Other Entities | 968 | 968 | 520 | 443 | 409 |
The department handled 124,617 consumer and licensee inquiries and formal complaints in FY 2008. The department received 28,075 rate/form filings during FY 2008. There were 158 administrative/disciplinary actions taken against agents, agencies, and companies.
In FY 2008 the Fraud Division handled 532 investigations/prosecutions. The Financial Division conducted 9 domestic financial examinations.
*Does not include $130,000 authorized FY 2007 nonlapsing funds.
