The total premiums a producer writes for controlled business cannot exceed the total amount written for other business within how many months?

The total premiums a producer writes for controlled business must not exceed the total amount written for other business within a 12-month period to ensure that producers maintain a balanced business practice. This regulation is in place to prevent producers from overly favoring their own interests or those of close associates, which can lead to potential conflicts of interest and a lack of fair competition in the insurance market.

By limiting the amount of controlled business in relation to other premiums, regulators aim to promote ethical practices and protect consumers by encouraging producers to focus on a broader range of clients rather than primarily serving their own interests. This balance helps to maintain the integrity and trustworthiness of the insurance industry, ensuring that a producer's activities are in line with the best practices and regulations that govern their profession.