Insurance Expenses

12 Months Ended

Dec. 31, 2022

Insurance Expenses [Abstract]

Insurance Expenses

NOTE 8. INSURANCE EXPENSES

Insurance Expenses for the years ended December 31, 2022, 2021 and 2020 were:

DOLLARS IN MILLIONS	2022		2021		2020
Commissions	$	724.8	$	817.6	$	745.8
General Expenses	358.4		339.5		307.4
Premium Tax Expense	99.5		104.3		94.2
Total Costs Incurred	1,182.7		1,261.4		1,147.4
Policy Acquisition Costs:
Deferred	(691.5)		(772.6)		(693.4)
Amortized	705.3		684.3		641.8
Net Policy Acquisition Costs Amortized (Deferred)	13.8		(88.3)		(51.6)
Amortization of VOBA	4.1		45.0		4.7
Insurance Expenses	$	1,200.6	$	1,218.1	$	1,100.5

Commissions for servicing policies are expensed as incurred, rather than deferred and amortized. The Company recorded amortization of Deferred Policy Acquisition Costs of $705.3 million, $684.3 million and $641.8 million for the years ended December 31, 2022, 2021 and 2020, respectively.