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ALAE |
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(2) DDCCE: Direct defense and cost-containment expense ratio is the
former allocated loss adjustment expense (ALAE) ratio.
The Company had previously announced on February 5, 2004 that it had
notified the New Jersey Department of Banking and Insurance of the need
to increase its loss and allocated loss adjustment expense reserves
based on the progress of its annual audit at that time.
(2) DDCCE: Direct defense and cost-containment expense ratio is
the former allocated loss adjustment expense (ALAE) ratio. |
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