Emergency Assessments Calendar

Annual Calendar for= Levy and Collection of 2005 Emergency Assessments

Acti= on	Date=	Sour= ce for Deadline
Affected Insurance Co= mpanies and LA Citizens report Direct Written Premium for prior year to the Department of Insurance	April 1^st<= o:p>	Statutory Law
The Department of Ins= urance certifies the total Direct Written Premium to LA Citizens	July 1^st	DOI Agreement
The Trustee determine= s the Debt Service Requirements for the next Bond Year	July 1^st	Indenture<= /span>
LA Citizens confirms = or revises its determination of the 2005 Plan Year Deficit	August 1^st=	Indenture<= /span>
LA Citizens determine= s the 2005 Emergency Assessment Minimum Levy Requirement for the next Bond Yea= r and the uniform assessment percentage for the next Bond Year	August 1^st=	Indenture<= /span>
The Department of Ins= urance verifies LA Citizens’ determination of the uniform assessment percentage for the next Bond Year	September 1^st	DOI Agreement
LA Citizens notifies = Affected Insurance Companies of the uniform assessment percentage for the next Bo= nd Year	September 15^th	Indenture<= /span>
Effective Date for 20= 05 Emergency Assessment at the uniform assessment percentage for the year	January 1^{st of the following year}	Indenture<= /span>
End of Quarterly Coll= ection Periods	March 31^st= , June 30^th, September 30^th, and December 31^st of the following= year	Directive 191 (as to = Affected Insurance Companies); Indenture (as to LA Citizens)

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