Professional development for state insurance regulators and industry professionals. Earned premiums, incurred losses, loss ratios and market share information for each type of insurance are displayed in separate sections for convenient analysis by line of business. Financial Internet Filing Online User's Guide, For questions about statement filing: Indicates the number of copies that each foreign or domestic company is required to file for each type of form. File electronically through the Departments Cybersecurity Portal. This column contains references to the Notes to the Instructions that apply to each item listed on the checklist. Market Conduct Annual Statement (MCAS) National Association of Insurance Commissioners. Updated annually. Domestic and international policy and outreach initiatives. New York State Department of Financial Services Contains the latest available year of data. Updated annually. For each line and each state, this publication presents aggregate statistics on premiums, losses, expenses, investment income and estimated profits for the preceding calendar year. All Mortgage Guaranty Insurance Companies and Financial Guaranty Insurance Companies Annual Statement, New York Supplement, and related items (hard copies); Audited Financial Statement; Quarterly Statement (hard copies); and Risk- Based Capital Report: Ms. Wendy Hung, Senior Insurance Examiner (816) 783-8089or[emailprotected], For questions about NAIC Numbers or cocodes call: Updated annually. 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. Consumer's Guide to Long-Term Care Insurance. It is intended to serve as a resource to insurers, third party administrators, professional employer organizations, guaranty associations and regulators showing how large deductible policies work and special issues that can arise with their use. This handbook is updated annually. First developed and released in 1997 by the NAIC Financial Analysis Handbook (E) Working Group, the purpose of this Handbook is to: 1) provide a uniform risk-focused analysis approach to more accurately identify insurers and/or holding company systems experiencing financial problems; and 2) identify prospective risks that pose the greatest potential for developing financial problems. **If Form Source is NAIC, the form should be obtained from the appropriate vendor. 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. The Life Insurance Buyer'sGuideis a one-stop-shop for information related to life insurance. Provides advice for consumers faced with the decision of whether to purchase Medicare supplement insurance. (816) 783-8600or[emailprotected], For questions about filing fees or accounts receivable: This publication should be used to ensure that all financial filings conform to NAIC requirements. State NAIC State I. NAIC FINANCIAL STATEMENTS 1 Annual Statement (8 x 14) 2 EO xxx 3/1 NAIC A-O 1.1 Printed Investment Schedule detail (Pages E01-E29 ) 2 EO xxx 3/1 NAIC A Published following each National Meeting. WebLIFE, ACCIDENT AND HEALTH/FRATERNAL INSURERS COMPANY NAME: NAIC Company Code: Contact: Telephone: REQUIRED FILINGS IN THE STATE OF:IllinoisFilings Made During the Year 2021 Page 3 of 6 (1) Check- list (2) Line # (3) REQUIRED FILINGS FOR THE ABOVE STATE (4) NUMBER OF COPIES* (5) DUE DATE (6) APPLICABLE 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. 4 (2001), dated 2/6/08. The guide includes an overview of long-term care insurance, as well as payment and purchasing options, worksheets, shopping tips and the various policy and benefit plans available. Answers regarding health care law and insurance. For more information, please refer to Regulation 215 (11 NYCRR 90). This handbook is based on the Producer Licensing Model Act (MDL-218), the Uniform Resident Licensing Standards and other guidelines. The filings identified in items # 4, 15, 81, 83, 84, 86, 88, 89, 90, 91, 92, 93 and 111. Please note that the RTF indicator is only a guide. Participation in the Database provides essential data for the Insurance Regulatory Information System (IRIS) Financial Ratio Reports, risk-based capital analysis, and other solvency-related reviews of individual companies, including reporting compliance and financial analysis. (212) 480-4669 Independent CPA, Relief from the Requirements for Audit Committees, Request to File Consolidated Audited Annual Statements, Request for Exemption to File Managements Report of Internal Compendium of State Laws that pertain to one or more NAIC Model Laws are made available online through the NAIC's Account Manager with the purchase of the Model Laws product. The company may file through the Departments Filings Portal described in Note T or email a copy to Health Bureau mailbox at HealthBureauRegulatory@dfs.ny.gov if the company has no access to the portal. Please Note: This states instructions for companies to file with the NAIC are included in this Checklist. Foreign property and casualty insurance companies are required to file the New York Supplement electronically with the NAIC and file an electronic copy of the signed notarized New York Supplement jurat page through the Departments Insurance Company and Fraternal Benefit Society Filings Portal. Volume I tracks changes in laws and fees; Volume II includes information on state tax forms. ANNUAL STATEMENT FOR THE YEAR 2020 OF THE SEPARATE ACCOUNTS OF THE 19942020 National Association of Insurance Commissioners SA3 Updated bi-annually. Updated annually. The current instructions are printed in loose-leaf, three-hole drilled format, and are shipped with tabs. Access forms, tools, and resources for individuals and organizations to file forms, improve efficiency, and remain compliant. KANSAS CITY, Mo., Jan. 18, 2023 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2023 committee chairs and vice chairs. Answers regarding health care law and insurance. (212) 709-1562, Actuarial Opinion Summary should be sent electronically via e-mail to:[emailprotected], CD (See Note N): The NAIC Financial Data Repository (Database) is updated every year by the National Association of Insurance Commissioners (NAIC) on behalf of and at the direction of itsmembers, the state insurance commissioners. All Department of Financial Services filings must be physically received at the appropriate address as indicated in NOTE B no later than the indicated due date. ClickHEREto access the following resources maintained by the Blanks (E) Working Group: Additional NAIC Accounting and Reporting Resources: File Annual & Quarterly financial statements online The It identifies direct premiums earned, market share, direct claims incurred and loss ratios on a countrywide basis. of Taxation, Mail the CT-33NL return and payment to: Updated biennially. WebThe Largest Network of Diverse-Owned Private Equity Firms and Hedge Funds. Company Licensing Best Practices Handbook. However, there are updates to the Life, Annuity, Homeowner, Private Passenger Auto, and Lender-Placed Auto and Home lines of business. InsData. If N/A appears in this column, the filing is required with the domiciliary state. Learn more about the Robert Dineen award. The product is a zipped file of individual reports in comma-separated values format and is available in Account Manager upon confirmation of purchase. Select a state or jurisdiction for insurance department contact information. Form 5 requires information at the state level. Lead audit partner, Relief from the one-year cooling off period for All companies that are required to file Schedule C-1 should file the schedule electronically through the Departments Insurance Company and Fraternal Benefit Society Filings Portal.The electronic Schedule C-1 can be found on Quarterly and Annual Submission of Free Trade Zone Reports page. Albany NY 12212-5181, Also mail a copy to: Have a question or request? Provide updated information (name, address, telephone number and e-mail address) within 60 days of any change in CPA. Find contact information for insurance departments and local insurance agents, or file a complaint. Contains a summary of market distribution and average cost by policy form and amounts of insurance-specific information for each state regarding number of homeowners policies written, amount of insurance and average premiums. Access to every published model law, regulation, and guideline. For those considering the purchase of long-term care insurance, buyers' guidelines are incorporated in a consumer-friendly, easy-to-read format. Reports on homeowners dwelling, fire and tenant insurance. The March .PDF Filing is the .pdf file for annual statement data, detail for investment schedules and supplements due March 1. The insurer also must file a hard copy of the signed jurat page in Oregon as proof of filing. 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). WebLearn about our NAICS and SIC Lists and Data Append Services. Purposes and Procedures Manual of the NAIC Investment Analysis Office. Exclusive, industry-focused manuals, data, and more. Consistent withthe Form B filing requirements, the Form F is a state filing only and should not be submitted by the company to the NAIC. New York State Department of Financial Services WebThe report shall be filed with the lead state commissioner of the insurance holding company system as determined by the procedures within the Financial Analysis Handbook adopted by the National Association of Insurance Commissioners (NAIC). Insurance Department Resources Report Volume Two, Insurance Department Resources Report Volume One, Insurance Implications of Home-Sharing: Regulator Insights and Consumer Awareness. Learn more about the Robert Dineen award. Should the domiciliary state set forth accounting guidance that differs from the AP&P Manual, disclosures of such must be made. (1) Checklist (2) Line # (3) REQUIRED FILINGS FOR THE 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. What do documents on this Web page tell me? Divided into three sections - Annual. Property Bureau 4th Floor This publication is Updated quarterly. Albany, NY 12257. Webfirm), is expected to provide the form based upon the appropriate state instructions or the NAIC Annual Statement Instructions. Transmit your filing to the NAIC via the Internet. Updated annually. Having a problem with an insurance company or agent? The Supplemental .PDF Filing is the .pdf file for all supplemental schedules and exhibits due April 1. To be used with its companion products, this publication provides the appropriate format for filing annual statement data with the states and the NAIC. For information on how to complete the request form, please see the Frequently Asked Questions. Property Bureau 4th Floor This guide helps insurers comply with state regulatory requirements regarding annual audited financial reports and related correspondence. A detailed chart includes statutory citations, filing deadlines, workpaper requirements, audit committee requirements and much more. Provides the most current, complete information available on administering insurance company receiverships. Chapters discuss takeover and administration; data processing; accounting and financial analysis; investigation and asset recovery; claims; guaranty funds; reinsurance; special receiverships; and legal considerations. Contains the latest available year of data. Filings new, discontinued or modified materially since last year: Please review checklist for the changes made this year. Research and analysis on important insurance issues. Puerto Rico will begin collecting MCAS filings beginning with the 2022 data to be reported on the filing due dates in 2023. The Quarterly Statement .PDF Filing is the .pdf file for quarterly statement data. Indicates the date on which the company must file the form. Instructions provide guidance for completing the various pages of the statements when the line descriptions are not self-explanatory. 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. Answers regarding health care law and insurance. Insurance Company and Fraternal Benefit Society Filings Portal. When answering by e-mail, please include telephone number. This publication provides information regarding each state's prescribed differences from NAIC statutory accounting principles, including a citation to the respective state statute and/or regulation. Recently updated as of July 2021. Based on the Long-Term Care Insurance Experience Reporting Forms for the annual statement filed with the NAIC, this publication helps regulators monitor and provide data specific to this coverage. By filing over the Internet with the NAIC, an insurer will have fulfilled its electronic filing requirement for national forms with New York and therefore should not file a CD with the Department. This publication simplifies the purchasing process and offers practical guidelines that can help lower the cost of coverage while increasing the value received. Appendix C - RRG State Insurance Department Contacts, Risk-Based Capital Forecasting and Instructions, RBCH-OSS-2022, RBCL-OSS-2022, RBCP-OSS-2022, The RBC Forecasting and Instructions provides continual analysis of RBC data and includes forecasting software, overview and instructions, and newsletter. The NAIC provides expertise, data, and analysis for insurance commissioners to effectively regulate the insurance industry and protect consumers. IDOI no longer The checklists reflect this action taken by the Blanks (EX4) Task Force. Starting in 2009, the NAIC replaced the prior forms (Forms A, B and C) with entirely new forms (Forms 1, 2, 3, 4 and 5). Copyright 2022. Updated annually. 2021 ANNUAL STATEMENT and NEW YORK SUPPLEMENT Life Insurer - General Filing Instructions IMPORTANT FILING REMINDER: Schedule G is to be submitted in its own PDF Revisions are identified in bold font and summarized in a memo included within the publication, 2022 RBC Forecasting and Instructions-Health online subscription service, 2022 RBC Forecasting and Instructions-Life online subscription service, 2022 RBC Forecasting and Instructions-Property/Casualty online subscription service, State Insurance Regulation: Key Facts and Market Trends, Provides guidance and contains suggested best practices for state insurance departments in administering a producer-licensing program. This directory is a comprehensive listing of accountants, actuaries, investment managers, lawyers, reinsurance specialists and general consultants who can help insurance departments administer receiverships. The company shall attach a statement to its audited annual financial statement, when filed, that the CPA does not function in the role of management, does not audit his or her own work, and does not serve in an advocacy role for company. (2) *If XXX appears in this column, this state does not require this filing, if hard/electronic copy is filed with the state of domicile and if the data is filed electronically with the NAIC. By selecting this publication, it allows access to Account Manager to view state law charts related to the Model Laws. A listing of the top 10 companies by state by direct premiums earned is also included in this report. Also includes information about other types of licensing programs; e.g., adjusters, bail bond agents, etc. Provides domestic company codes and names for more than 5,000 Property, Life and Fraternal, Health, and Title insurers, as well as more than 17,000 offshore alien insurers and reinsurers included in the NAIC database. The Department of Financial Services supervises many different types of institutions. PAGE 41: NOTES TO FINANCIAL STATEMENTS. Don't have an MCAS login?Click Here to get it. 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 question of which aspects of state laws have been preempted by the LRRA and which have not is the overall issue that has given rise to many of the other issues. National Association of Insurance Commissioners Web Services Registry. Proper use helps identify system changes that can improve the method in which data is first collected and allows users to ascertain if their annual statement software vendor has complied with NAIC requirements. An easy reference guide regarding the review of rate, rule and form filings to be used by insurance companies. 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