The UCAA Instructions are designed to assist companies in filing a primary application, an expansion application or corporate amendment to the certificate of authority. 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. If this column contains Company, the company, or its representative (e.g., its CPA firm), is expected to provide the form based upon the appropriate state instructions or the NAIC Annual Statement Instructions. Designed to educate consumers about the need to consider purchasing earthquake insurance. All 2021 Annual and 2022 Quarterly submissions/updates will conclude on January 31, 2023. Having a problem with an insurance company or agent? Consumer's Guide to Long-Term Care Insurance. For more information, please refer to Regulation 203 (11 NYCRR 82) on the NYCRR. The NAIC provides expertise, data, and analysis for insurance commissioners to effectively regulate the insurance industry and protect consumers. 1991-2023 National Association of Insurance Commissioners. For more information, please access :https://content.naic.org/state_licensing_handbook.htm, States' Prescribed Differences from NAIC Statutory Accounting Principles. Developments and trends in financial markets and insurer investments. Some companies have multiple NAIC numbers say, one number for each subsidiary organization or different numbers for Webfirm), is expected to provide the form based upon the appropriate state instructions or the NAIC Annual Statement Instructions. Reports on homeowners dwelling, fire and tenant insurance. 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. The paper revisits and reconsiders issues raised in a similar 2006 Workers' Compensation Large Deductible Study. This digital publication is now offered as three separate products, which will include the full six-volume set as well as updates that occur after the NAIC's Spring, Summer, and Fall National Meetings. What do documents on this Web page tell me? Included in the report are averages based on written premiums and exposures for the combined voluntary and residual market business. The Quarterly Statement Electronic Filing includes the complete quarterly statement data. InsData. Some states have chosen to waive printed quarterly and annual statements from their foreign insurers and to rely upon the NAIC database for these filings. The Bank List meets credit standards specified for a variety of NAIC-approved purposes. 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). not be submitted by the company to the NAIC. This white paper will identify best practices for the review of predictive models and analytics filed by insurers with regulators to justify rates and will provide state guidance for the review of rate filings based on predictive models. 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. Form 2 focuses on the developing level of funds from the issue age premium basis and compares this to the active life reserve. 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. Fall Release 2022- The publication is now available as a PDF via an online subscription service (OSS) through Account Manager. The Bank List meets credit standards specified for a variety of NAIC-approved purposes. 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. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. Access technology tools and resources for U.S. insurance regulators. New York State Department of Financial Services Access forms and tools to file expense reports, review Grant and Zone Scholarship balances, and access NAIC travel guidelines. 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. Updated annually. This white paper provides information to state insurance regulators, insurers and the broader public about the architecture of the cannabis business supply chain, types of insurance needed by the cannabis industry, the availability of cannabis business insurance in state insurance markets and the extent of insurance gaps, and best practices that state insurance regulators can adopt to encourage insurers to write insurance for the cannabis industry. Access to Related Charts: State Laws on Insurance Topics will be available via a link in Account Manager. The NAIC will be working to ensure that companies have complied with electronic filing requirements and financial reporting requirements contained in the Blanks, Annual Statement Instructions and Purposes and Procedures Manual of the NAIC Investment Analysis Office,and any data validation failures are resolved. 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. Documents exposed by various committee workgroups. Life/Fraternal Annual The Risk -Based Capital .PDF Filing is the .pdf file for risk-based capital data. This handbook is not intended to constitute a comprehensive company licensing procedures manual. Provides average costs associated with personal automobile insurance nationwide. Provides advice for consumers faced with the decision of whether to purchase Medicare supplement insurance. This report contains the latest available data drawn from Medicare Supplement Insurance Expense Exhibits filed with the NAIC. This product provides access to every NAIC model law, regulation, and guideline currently published. Please note that Protected Cell Blank is now available at no cost, located with free downloads. With a focus on finding the right policy at a good value, the publication details important facts to discuss with insurance providers and addresses the implications associated with dropping a policy once it has been purchased. Revised in 2019. This guide helps insurers comply with state regulatory requirements regarding annual audited financial reports and related correspondence. Statement Financial Data, State and Countrywide Insurance Data, and Selected Data Elements from Company and Combined Statements - the information provided will satisfy a wide range of needs and uses. 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. Updated annually. Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. H Signature/Notarization/Certification: Signatures of at least two principal officers are required for Annual and Quarterly Statement filings, which should be original signatures, manually signed by the appropriate corporate officers, have the corporate seal affixed thereon where appropriate, and be properly notarized. Research and analysis on important insurance issues. Credit Life and Credit Accident and Health Insurance Experience Report. This includes all detail investment schedules and other supplements for which the This handbook is updated annually. 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). Have a question or request? The NAIC Annual Statement and New York Supplement require the use of bar codes on the jurat page and certain other pages and forms. Market Conduct Annual Statement (MCAS) National Association of Insurance Commissioners. Exclusive, industry-focused manuals, data, and more. The Bank List publication is no longer produced, and was last published in August 2017. This subscription service provides access to the published version of the handbook, and Market Regulation Handbook Reference Documents will be available in Account Manager. As of August 2019, the contact information is current as provided to the NAIC by the state insurance departments. 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 ), CSV Assistant Instructions Guidance for using the CSV Assistance Files, CSV Assistant Files Templates to assist in the creation of CSV data files, Scorecard Ratio Formulas Listing of standard scorecard ratios calculated for each MCAS lines of business. Also includes information about other types of licensing programs; e.g., adjusters, bail bond agents, etc. Includes a summary of changes to the instructions for the annual statement. Data is also shown for the two years immediately preceding the reported year to help regulators and other interested parties monitor trends in credit insurers' annual financial results. Appendix C of the Risk Retention and Purchasing Group Handbook has been updated. Company Licensing Best Practices Handbook. NOTE: Annual Statement Blanks are produced and sold separately from Quarterly Statement Blanks. 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). Professional development for state insurance regulators and industry professionals. Directory of Receivership and Run-off Resources (666), Directory of Receivership & Run-off Resources, Dwelling, Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner's Insurance. 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