Albany NY 12212-5181, Also mail a copy to: This report, which shows state-by-state data, is designed to provide insurance regulators, consumers and legislators with information and analysis of auto insurance information. 1991-2023 National Association of Insurance Commissioners. Accessibility For more information, please refer to, Insurance Co and Fraternal Benefit Society, Rate and Form Filing Requirements and Checklists. Companies should file ONLY ONE COMPANY per package. 1. Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. This product provides access to every NAIC model law, regulation, and guideline currently published. The checklists reflect this action taken by the Blanks (EX4) Task Force. Membership lists, services and education to serve you and your mission. The Quarterly Statement Electronic Filing includes the complete quarterly statement data. INDIANA INSTRUCTIONS . For more information, please refer to Regulation 215 (11 NYCRR 90). It provides useful insight into the types of policies available and helps you estimate how much insurance will provide adequate coverage, depending on your individual need. This serves to assist in preventing insolvencies for which liability is imposed on insurers under state guaranty fund laws. not be submitted by the company to the NAIC. This publication offers practical considerations about implementing a loss-cost system in workers' compensation. Domestic and international policy and outreach initiatives. Local calls can be made to (212) 480-6400 or (518) 474-6600. New York, NY 10004. Updated annually. Office of Financial Management Developments and trends in financial markets and insurer investments. Offers valuable and in-demand information on health insurance. Form 1 focuses on the critical assumptions of morbidity and persistency while still presenting high-level loss ratio data. The current instructions are printed in loose-leaf, three-hole drilled format, and are shipped with tabs. National Association of Insurance Commissioners (NAIC) Publications The following materials are for the 2021 reporting year and will be updated on an ongoing basis Financial Analysis Discover our framework to drive change and promote accountability in our workplace. The white paper also highlights legal restrictions that may prohibit home-sharing in some areas and describes the type of coverage available by the largest home-sharing companies currently operating in the U.S. 12/31/2021 . Accident and Health Policy Experience Report 2021, Accounting Practices and Procedures Manual. If you know you have relevant business to report, it must be reported whether or not you see a RTF indicator. Documents exposed by various committee workgroups. Having a problem with an insurance company or agent? Access technology tools and resources for U.S. insurance regulators. Individual Model LawsModel Law Development, 2022 Model Laws (with Spring National Meeting Updates), 2022 Model Laws (with Summer National Meeting Updates), 2022 Model Laws (with Fall National Meeting Updates). Representatives from diverse groups who provide varied perspectives on insurance regulatory issues. Appendices contain excerpts of applicable NAIC model laws, interpretations of the Emerging Accounting Issues (E) Working Group and Statutory Accounting Issues (E) Working Group, actuarial guidelines, GAAP to SAP cross-reference chart, issue papers, policy statements, and implementation guidance for the annual financial reporting model regulation. As of August 2019, the contact information is current as provided to the NAIC by the state insurance departments. (212) 480-4669 While focusing on deferred annuity contracts, the publication covers the annuity purchasing process from start to finish and includes questions customers should ask their agent or company along the way. For more information, please refer to Regulation 203 (11 NYCRR 82) on the NYCRR. One State Street Risk Retention and Purchasing Group Handbook. The Quarterly Statement Electronic Filing includes the complete quarterly statement data. Exclusive, industry-focused manuals, data, and more. The Supplemental .PDF Filing is the .pdf file for all supplemental schedules and exhibits due April 1. EO (electronic only filing). Also, you must complete the New York Supplement page entitled "Supplemental Exhibits and Schedules Interrogatories" if there is nothing to report for those New York Supplement, exhibits or schedules. General Bar Coding instructions and a full listing of New York required bar coded forms are included on the web site. The Combined Annual Statement Electronic Filing includes the required pages of the combined annual statement and the combined Insurance Expense Exhibit. Helps consumers understand what earthquake policies cover and how they work. The publication provides demographic and insurer/syndicate contact information. It identifies direct premiums earned, market share, direct claims incurred and loss ratios on a countrywide basis. Access to every published model law, regulation, and guideline. Answers regarding health care law and insurance. The ORSA Guidance Manual provides guidance to an insurer and/or an insurance group of which the insurer is a member regarding the reporting of its Own Risk and Solvency Assessment (ORSA) as required by the domestic state's version of the Risk Management and Own Risk and Solvency Assessment Model Act (#505). Domestic and international policy and outreach initiatives. Derivatives (where applicable), Qualifications of CPA Section 89.5(e)(2) of DFS Insurance Regulation 118, Cybersecurity Certification of Compliance. One State Street (MCAS Blanks Working Group Webpage), Authority ReferencesData Call LetterSignatures. The MCAS application displays an indicator for each state in which, according to your 2020 financial annual statement (FAS), you reported premium meeting the threshold requirements. It also serves several other regulatory information needs, such as mandated: experience analysis for particular lines or sublines for individual companies and groups; general market structure and performance analysis; and statistics by company, groups or the industry as a whole. Puerto Rico will begin collecting MCAS filings beginning with the 2022 data to be reported on the filing due dates in 2023. Updated annually. In addition, the Department requires the Audited Financial Statements and the documents submitted pursuant to Regulation 118 to be bar coded. Section 89.5(e)(2) of DFS Insurance Regulation 118. Form B-Holding Company Registration Indicates the number of copies that each foreign or domestic company is required to file for each type of form. 2022 Financial Condition Examiners Handbook online subscription service, Guide to Compliance with State Audit Requirements (Annual Financial Reporting Model Regulation #205). The NAIC will not be sending their own checklist this year. Access public conference call documents and information. Updated annually. Contains the latest available year of data. (816) 783-8089or[emailprotected], For questions about NAIC Numbers or cocodes call: REQUIRED FILINGS IN THE STATE OF: NEW YORK, Printed Investment Schedule detail (Pages E01-E29), Quarterly Financial Statement (8 x 14), Combined Annual Statement (8 x 14), Accident & Health Policy Experience Exhibit, Cybersecurity and Identity Theft Insurance Coverage Subscriptions are specific to an individual user and access to the platform requires a redemption code, which will be provided via email following verification of the purchase. Updated annually. (1) Checklist (2) Line # (3) REQUIRED FILINGS FOR THE Can't find what you are looking for? Statistical Handbook of Data Available to Regulators. This column contains references to the Notes to the Instructions that apply to each item listed on the checklist. Access forms and tools to file expense reports, review Grant and Zone Scholarship balances, and access NAIC travel guidelines. A detailed chart includes statutory citations, filing deadlines, workpaper requirements, audit committee requirements and much more. Discover our framework to drive change and promote accountability in our workplace. This column contains one of three words: NAIC, State, or Company, If this column contains NAIC, the company must obtain the forms from the appropriate vendor. New York State Department of Financial Services This guide presents current and potential users of long-term care insurance with valuable information. Provide updated information (name, address, telephone number and e-mail address) within 60 days of any change in CPA. Theguideaims to help consumers obtain a policy that provides them with a level of coverage that satisfies all their needs, but does so at the lowest possible cost. Thisguidebriefly discuses key questions regarding cancer insurance and advises on the variation in cost and coverage of policies sold. Comparative reports include a variety of information - including number of departmental staff, annual budgets, revenues collected, premium volume, number of insurers and producers, and number of consumer complaints filed. Please note that Protected Cell Blank is now available at no cost, located with free downloads. Updated annually. Only accepted in accordance with the The Synopsis is a brief, handy overview of the activity at each NAIC national meeting. The company should carefully read these notes before submitting a filing. Explore our open opportunities for your chance to join our team. Required to be furnished, in writing, to the Superintendent, within five business days of any determination by the CPA that the Company has materially misstated its financial condition as reported to the superintendent as of the balance sheet currently under audit or that the Company does not meet the minimum capital or surplus requirement of the insurance law as of that date. Allows for proper preparation of annual statements, including all supplemental information that must also be filed to remain in compliance with NAIC and state mandates. Updated bi-annually. 2021 NAIC QUARTERLY STATEMENT INSTRUCTIONS TITLE. Recently updated as of July 2021. Represents more than two years of work compiling information from more than 50 authorities, including actuaries, accountants and consultants who regularly work on receiverships. The insurer also must file a hard copy of the signed jurat page in Oregon as proof of filing. The NCCI Examination Report is a comprehensive examination of the data collection and rate-making activities of the National Council on Compensation Insurance. However, ERISA exempts from federal preemption any state law that regulates the business of insurance -but determining whether a state law is preempted by ERISA can be complex and confusing. Financial Statement DataPurchase the data that is the basis of this report and manipulate it to achieve the best possible results for your research. This subscription service provides access to the published version of the handbook, and Market Regulation Handbook Reference Documents will be available in Account Manager. The NAIC provides expertise, data, and analysis for insurance commissioners to effectively regulate the insurance industry and protect consumers. Updated annually. If the due date falls on a weekend or a legal holiday, then the filing must be received by the Department by the end of the next business day. Designed to educate consumers about the need to consider purchasing earthquake insurance. The Risk Retention and Purchasing Group Handbook explores the provisions and requirements of the Liability Risk Retention Act of 1986 (LRRA) and the NAIC Model Risk Retention Act. Professional development for state insurance regulators and industry professionals. All annual statement amounts must be reported in whole dollars or with 000 omitted, with no reporting of cents unless otherwise noted in the NAICs electronic filing specifications. 4. of Taxation (copy to If N/A appears in this column, the filing is required with the domiciliary state. Appendix C of the Risk Retention and Purchasing Group Handbook has been updated. Updated biennially. This subscription service provides access to the published version of the handbook, and updates to the publication will be available in Account Manager. Updated annually. Updated annually. Adopted modifications to the instructions will be posted within three weeks following each National Meeting and made available for download in .pdf format with the revision date. Includes non-U.S. insurers and Lloyd's syndicates that have met and continue to comply with the requirements set forth within the International Insurers Department Plan of Operation. The National Association of Insurance Commissioners (NAIC) is a US organization that sets standards and regulations for the insurance industry. Find contact information for insurance departments and local insurance agents, or file a complaint. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. Annuity contracts are therefore included within the term life insurance contracts unless specifically indicated otherwise in this Valuation Manual. Modifications to the handbook will be uploaded to the OSS platform as they become available following each interim and national meeting of the Market Regulation and Consumer Affairs (D) Committee. ***The Corporate Governance Annual Disclosure is required to be filed annually by authorized insurers. Some companies have multiple NAIC numbers say, one number for each subsidiary organization or different numbers for For more information, please refer to Regulation 203 (11 NYCRR 82) on the NYCRR. Life/Fraternal Annual Explore future meetings and access past event documents. The National Association of Insurance Commissioners serves to protect public interest, promote competitive markets, and improve state regulation of insurance. Fully indexed and cross-referenced to make research easy. Published following each national meeting. All RRGs are required to submit the filings identified in items 1, 1.1, 2, 12, 31 and 82. Access forms and tools to file expense reports, review Grant and Zone Scholarship balances, and access NAIC travel guidelines. Includes references to NAIC product filing tools and instructions. See the SVO website for a similar list of what was included in this report. Form 2 focuses on the developing level of funds from the issue age premium basis and compares this to the active life reserve. The MCAS - The Market Conduct Annual Statement, MCAS 2021 - Market Conduct Annual Statement | NAIC, System for Electronic Rates and Forms Filings, Market Regulation and Consumer Affairs (D), Financial Regulation Standards and Accreditation (F), Innovation, Cybersecurity, and Technology (H), Market Conduct Annual Statement Blanks (D), Risk-Based Capital Investment Risk and Evaluation (E), Last day to submit 2020 corrections (See FAQ Document), 2021 filings may be submitted via the online MCAS filing tool, MCAS submissions due for all lines of business, MCAS industry scorecards posted to MCAS Web page for all lines of business, MCAS industry scorecards posted to MCAS Web page for Health, Participation Requirements Detailed information to assist in determining if your company is required to submit MCAS data, Data Collection Worksheets (Blanks) Table layout representation of the required data elements, Data Call and Definitions (Instructions) Listing of MCAS data elements and definitions to follow when preparing data for submission, MCAS User Guide Information about how to use the MCAS application and a listing of data validations used within the application, CSV Data Upload Instructions Layout guidelines for preparing a CSV file for uploading to the MCAS application (The use of a CSV file is not required. AUDIT/INTERNAL CONTROL RELATED REPORTS, Audited Financial Reports Exemption Affidavit, Communication of Internal Control Related Matters Noted in Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. This publication should be used to ensure that all financial filings conform to NAIC requirements. Data displayed for easy reference and comparison. (816) 783-8400, For questions about the database & electronic filing: Regulatory Review of Predictive Models White Paper. Learn more about the Robert Dineen award. Discover tools and resources to help you understand different types of insurance, claims processes, and practical tips to help support you through every stage of your life. The Table of Contents for the Model Laws products will include an index of the compatible charts for cross referencing (Related Charts: State Laws on Insurance Topics), and the charts themselves will be available via a link in the NAIC's Account Manager system. We provide tools and resources to help regulators set standards and best practices, provide regulatory support functions, and educate on U.S. state-based insurance regulation. Find contact information for insurance departments and local insurance agents, or file a complaint. Note: The New York Supplement (Items # 101, 102 and 105(a)) are not required filings for Foreign RRGs. See Regulation 118, Section 89.4(c) for additional reporting requirements if the CPA is dismissed or resigns. Workers' Compensation Large Deductible Study. Revision:. The Risk -Based Capital .PDF Filing is the .pdf file for risk-based capital data. 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