Assessment Recoupment Provision - Premium Tax Offset - (20% / Year)

Assessment History: 
	Authorized but not Called - None
	Last Assessment - 2003
	Maximum Assessment -1% / Account
	Assessments Authorized for 2003 - $  2,100,000 (W/C) Reliance
 					$     500,000 (Other) Home

					$     750,000 (Other) Reliance

					$     500,000 (Other) PHICO

					$     350,000 (Other) Legion
Accounts
	Workers Compensation:
		Lines included - 16
		2002 Premium in Account - $ 248,783,451
	Auto: 
		Lines included - 19.1, 19.2, 19.3, 19.4, 21.1, 21.2
		2002 Premium in Account - $ 939,152,367
	All Other:

		Lines included - 1, 2.1, 2.2, 2.3, 3, 4, 5.1, 5.2, 9, 11, 12, 17, 18, 22, 26, 27
		2002 Premium in Account - $ 891,692,990

Assessment Procedures

This fund assesses by account (w/c, auto, other lines) with a 1% cap on 

assessments in any year.  This cap limits w/c assessments to approximately $2,000,000

in any year.