Autoinsurance is an expensive purchase for most Americans and shopping for it can be confusing. Appendix C of the Risk Retention and Purchasing Group Handbook has been updated. Don't have an MCAS login?Click Here to get it. Updated annually. 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. 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. Data Elements Include: DUNS Number, Corporate and Tradestyle Name, Annual Sales, Number of Employees, Street Address, Phone Number, Top Contact, NAICS and SIC Codes and Descriptions, Lat Long and More. The current instructions are printed in loose-leaf, three-hole drilled format, and are shipped with tabs. Albany NY 12212-5181, Also mail a copy to: Contains the latest available year of data. For questions regarding cocodes please call us at: 816-783-8600. Market Regulation Handbook Examination Standards Summary, Market Share Reports for Groups and Companies. Derived from the NAIC Accident and Health Policy Experience Exhibit, the report includes aggregated data from the exhibit in the P&C, health, life and fraternal blanks; extensive breakouts of market share data; company index; and important statistics - such as loss ratios, number of policies and certificates, and number of covered lives. INDIANA INSTRUCTIONS . Copyright 2019. The Blanks (E) Task Force modified the 1999 Annual Statement Instructions to waive paper filings of certain NAIC supplements and certain investment schedule detail, if such investment schedule data is available to the states via the NAIC database. The Market Conduct Annual Statement Blanks (D) Working Group(MCAS Blanks WG)is responsible for the MCAS content and defining the data that is collected. 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. The NAIC provides expertise, data, and analysis for insurance commissioners to effectively regulate the insurance industry and protect consumers. (Located at the top of the page under the MCAS header). Financial Internet Filing Online User's Guide, For questions about statement filing: This handbook is updated annually. Should the domiciliary state set forth accounting guidance that differs from the AP&P Manual, disclosures of such must be made. 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. Updated annually. The handbook attempts to explain the various approaches that the states have taken in dealing with these issues. 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. Can't find what you are looking for? 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). 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 should carefully read these notes before submitting a filing. EO (electronic only filing). Office of Financial Management 2022 Financial Condition Examiners Handbook online subscription service, Guide to Compliance with State Audit Requirements (Annual Financial Reporting Model Regulation #205). The June .PDF Filing is the .pdf file for the Audited Financial Statements and Accountants Letter of Qualifications. Companies should file ONLY ONE COMPANY per package. LIFE, ACCIDENT AND HEALTH/FRATERNAL INSURERS 1.1 Printed Investment Schedule detail (Pages E01-E29) 1+CD EO xxx 3/1 NAIC 2 Quarterly Financial Statement (8 x 14) 1+CD EO xxx 5/15, 8/15, 11/15 NAIC L, V NOTES AND INSTRUCTIONS (A-K 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. Explore recent publications, the latest news articles, new federal and legislative news, and model laws to help inform your approach. All RRGs are required to submit the filings identified in items 1, 1.1, 2, 12, 31 and 82. Chapters discuss takeover and administration; data processing; accounting and financial analysis; investigation and asset recovery; claims; guaranty funds; reinsurance; special receiverships; and legal considerations. The Life and Fraternal reports contain the top 125 groups by state and countrywide for life insurance, annuity considerations and total premiums written. 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. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. 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. PO Box 15181 We're here to help. The Corporate Governance Annual Disclosure is a state filing only and should not be submitted by the company to the NAIC. Electronic filing is intended to include filing via the Internet or filing via diskette with the NAIC. Company Licensing Best Practices Handbook. 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 its WebState NAIC State I. NAIC FINANCIAL STATEMENTS 1 Annual Statement (8 x 14) 1 EO xxx 3/1 NAIC Note H, L, M 1.1 Printed Investment Schedule detail (Pages E01-E29) 1 EO xxx 3/1 NAIC Note H, L, M 2 Quarterly Financial Statement (8 x 14) 1 EO xxx 5/15, 8/15, NAIC Annual Statement Instructions should be followed. 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. Any questions not addressed by the documents located on this page can be sent to eithermcas@naic.orgorhelp@naic.org. It summarizes key provisions of each state's requirements based on the Annual Financial Reporting Model Regulation (MDL-205), commonly known as the Model Audit Rule. ), 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. Learn more about the Robert Dineen award. RRGs do not have to file hard copy filings with the Department. (MCAS Blanks Working Group Webpage), Authority ReferencesData Call LetterSignatures. The Manual includes all statutory accounting guidance that has been adopted by the NAIC as of March. Divided into three sections - Annual. This subscription service provides access to the published version of the handbook, and updates to the publication will be available in Account Manager. The Competition Database Report was created to provide a single source of reference measures that serve as a starting point for examining the competitiveness of state insurance markets. *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. A glossary of insurance terms and definitions. Companies may use the checklist to submit to a state, if the state requests it. The filings should be submitted electronically to the NAIC. E-mail: [emailprotected] The National Association of Insurance Commissioners serves to protect public interest, promote competitive markets, and improve state regulation of insurance. New York, NY 10004 WebREQUIRED FILINGS IN THE STATE OF: Pennsylvania Filings Made During the Year 2021 FOREIGN/ALIEN COMPANIES SHOULD ONLY FILE THOSE SPECIFIC ITEMS NOTED AS REQUIRED IN THE FOREIGN COLUMN. DEC 2020. Department of Financial Services), Signed Notarized Jurat (Annual NAIC Blank), Signed Notarized Jurat (New York Supplement), Foreign Companies - See NOTE K; RRGs See NOTE P, Applicable to Article 63 licensee See NOTE T, Form B-Holding Company Registration Statement, Corporate Governance Annual Disclosure***, Independent CPA Assessment of Internal Controls Relative to New York, NY 10004 Some companies have multiple NAIC numbers say, one number for each subsidiary organization or different numbers for 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. 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. The Risk-Based Capital Electronic Filing includes all risk-based capital data. 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. For information on how to complete the request form, please see the Frequently Asked Questions. Updated annually. This column contains references to the Notes to the Instructions that apply to each item listed on the checklist. Find contact information for insurance departments and local insurance agents, or file a complaint. MCAS provides market regulators with market conduct information not otherwise available for their market analysis initiatives. 2023|2022|2021(Current Data Year)|2020|2019|Contacts and Scorecards. The Supplemental Electronic Filing includes all supplements due April 1, per the Annual Statement Instructions. Copyright 2022. Indicates the date on which the company must file the form. New York State Department of Financial Services Select a state or jurisdiction for insurance department contact information. The checklists reflect this action taken by the Blanks (EX4) Task Force. The Annual Statement Electronic Filing includes the annual statement data and all supplements due March 1, per the Annual Statement Instructions. The Bank List meets credit standards specified for a variety of NAIC-approved purposes. The NCCI Examination Report is a comprehensive examination of the data collection and rate-making activities of the National Council on Compensation Insurance. Updated annually. For those considering the purchase of long-term care insurance, buyers' guidelines are incorporated in a consumer-friendly, easy-to-read format. Lead audit partner, Relief from the one-year cooling off period for Published three times annually following the NAIC's Spring, Summer, and Fall National Meetings. 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