naic annual statement instructions 2021

The filings should be submitted electronically to the NAIC. Online Subscription Explore recent publications, the latest news articles, new federal and legislative news, and model laws to help inform your approach. Exclusive, industry-focused manuals, data, and more. Buyers Guide to Fixed Deferred Annuities, Understanding Life Settlements: Selling Your Life Insurance Policy. The paper revisits and reconsiders issues raised in a similar 2006 Workers' Compensation Large Deductible Study. Includes a complete listing of state insurance departments. 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. This publication is Updated quarterly. An easy reference guide regarding the review of rate, rule and form filings to be used by insurance companies. The Accident & Health reports contain the top 125 groups by state and countrywide for total A&H premiums written. For existing subscribers, please utilize 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 The Property/Casualty reports include the top 10 company groups by state and the top 125 groups countrywide for each P/C annual statement line of business. Posted semiannually. Through education, advocacy and other innovative programs, the NAIC is focused on increasing the flow of capital to high-performing diverse investment managers often underutilized by This includes all detail investment schedules and other supplements for which the Annual Statement Instructions exempt printed detail. 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. Having a problem with an insurance company or agent? One State Street Uniform Certificate of Authority Application (UCAA) Instructions. 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. Select a state or jurisdiction for insurance department contact information. Includes quantitative and qualitative procedures. QSBH-OSS-2023, QSBP-OSS-2023, QSBL-OSS-2023, QSBT-OSS-2023. Appendices contain excerpts of applicable NAIC model laws, interpretations of the Emerging Accounting Issues (E) Working Group and Statutory Accounting Issues (E) Working 1991-2023 National Association of Insurance Commissioners. Any questions not addressed by the documents located on this page can be sent to eithermcas@naic.orgorhelp@naic.org. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. Have a question or request? The Quarterly Statement Electronic Filing includes the complete quarterly statement data. All amendments to your Annual Statement and/or New York Supplement must be provided in hard copy as well as an amended ELECTRONIC filing. 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). 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. Provides advice for consumers faced with the decision of whether to purchase Medicare supplement insurance. It provides an overview of the entire examination process and then offers specific instructions and suggestions for carrying out each individual phase of examination. Annual Statement Blanks Protected Cell, released yearly that provides appropriate format for filing annual statement data information from states and NAIC. 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. 2022 Insurance Regulatory Information Systems (IRIS) Ratios Manual. Copyright 2013. The Life and Fraternal reports contain the top 125 groups by state and countrywide for life insurance, annuity considerations and total premiums written. Updated annually. The UCAA Instructions are designed to assist companies in filing a primary application, an expansion application or corporate amendment to the certificate of authority. 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). The Supplemental .PDF Filing is the .pdf file for all supplemental schedules and exhibits due April 1. Insurance Company and Fraternal Benefit Society Filings Portal. 2023 Quarterly Statement Blanks Property/Casualty, 2023 Quarterly Statement Blanks Life/Fraternal, QSIT-OSS-2023, QSIP-OSS-2023, QSIL-OSS-2023, QSIH-OSS-2023, 2023 Quarterly Statement Instructions Title, 2023 Quarterly Statement Instructions Property/Casualty, 2023 Quarterly Statement Instructions Life/Fraternal, 2023 Quarterly Statement Instructions Health, Receivers Handbook for Insurance Company Insolvencies. SEE NOTE REGARDING COVID 19 PANDEMIC SPECIAL INSTRUCTIONS Page 1 of 6 (1) Check-list (2) Line # (3) (5) DUE DATE (6) APPLICABLE NOTES Domestic Foreign /Alien *****An ORSA Summary Report is required to be filed annually by a New York domestic insurer that meets a specified premium threshold and/or where the New York domestic insurer is a member of a group that meets a specified premium threshold. Statistics derived from state page data in the annual statement and the Insurance Expense Exhibit can be used to compare profitability among different states and property/casualty lines. fileslib. One State Street The ORSA Summary Report is a state filing only and should not be submitted by the company to the NAIC. Representatives from diverse groups who provide varied perspectives on insurance regulatory issues. This handbook is not intended to constitute a comprehensive company licensing procedures manual. Summary of 2021 Changes2021 MCAS User GuideScorecard Ratio Formulas, MCAS Revision Process Document Requirements in the Valuation Manual are applicable to life insurance, accident and health insurance, and deposit-type contracts. If having difficulty accessing the above materials, please contactClaire Szpara, 317-232-5312. Our three-year blueprint for the future shows the way toward building on existing strengths. 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. If there is nothing to report, you may complete the NAIC Annual Statement page entitled "Supplemental Exhibits and Schedules Interrogatories" INSTEAD OF filing reports marked "None". Recently updated as of July 2021. The Manual includes all statutory accounting guidance that has been adopted by the NAIC as of March. Research and analysis on important insurance issues. WebMarket Conduct Annual Statement (MCAS) In 2002, the National Association of Insurance Commissioners (NAIC) began the Market Conduct Annual Statement (MCAS) as a means of collecting key market performance data for regulators, providing more consistent measurements and comparisons between companies. Thisguidebriefly discuses key questions regarding cancer insurance and advises on the variation in cost and coverage of policies sold. New York, NY 10004 File electronically through the Departments Insurance Company and Fraternal Benefit Society Filings Portal. General Bar Coding instructions and a full listing of New York required bar coded forms are included on the web site. Retaliation: A Guide to State Retaliatory Taxes, Fees, Deposits and Other Requirements. Explore future meetings and access past event documents. MCAS provides market regulators with market conduct information not otherwise available for their market analysis initiatives. Regulatory Review of Predictive Models White Paper. Represents more than two years of work compiling information from more than 50 authorities, including actuaries, accountants and consultants who regularly work on receiverships. Therefore, the required to file (RTF) indicators will not be populated until your company has submitted the corresponding forms. The Supplemental .PDF Filing is the .pdf file for all supplemental schedules and exhibits due April 1. Links for Internet Filing are provided to the right. 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. Appropriate notarization required on the actual document. Updated annually. 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. Access public conference call documents and information. (816) 783-8089or[emailprotected], For questions about NAIC Numbers or cocodes call: Complete with a listing of state laws governing the industry, theguideis a best bet for those looking to make informed decisions aboutautoinsurance and get the most for their money. Accessibility Issues, Insurance Regulatory Information System Ratios Manual, NAIC Uniform Life, Accident and Health, Annuity and Credit Product Coding Matrix, Own Risk Solvency Assessment Guidance Manual. PAGE 41: NOTES TO FINANCIAL STATEMENTS. Updated biennially. Recommendations are aimed at adding uniformity and consistency to regulatory processes, while being responsive to state-specific needs. Copyright 2023 State of Indiana - All rights reserved. Section 89.5(e)(2) of DFS Insurance Regulation 118. Answers regarding health care law and insurance. Access public conference call documents and information. NAIC - Supporting Insurance, Regulators, & Public Interest PLEASE DO NOT FILE ITEMS NOT SPECIFICALLY REQUIRED. Included with every model is a state action page that cites each state's enacted model or similar legislation. Supplement, Director and Officer Insurance Coverage Supplement, Life, Health & Annuity Guaranty Association Assessable Premium Exhibit, Parts 1 and 2, Long Term Care Experience Reporting Forms, Medicare Supplement Insurance Experience Exhibit, Premiums Attributed to Protected Cells Exhibit, Exceptions to Reinsurance Attestation Supplement, Supplemental Health Care Exhibit (Parts 1, 2 and 3), Supplemental Health Care Exhibits Allocation Report Domestic and international policy and outreach initiatives. 4 (2001) and Supplement 1 to Circular Letter No. Form 4 tracks life insurance and annuity products that have long-term care benefits provided by acceleration of certain benefits within these products. View actions considered by committees, task forces, and staff links ) of DFS Regulation! Therefore, the required to file ( RTF ) indicators will not be submitted by the to... Have long-term care benefits provided by acceleration of certain benefits within these.! Regarding cancer insurance and annuity products that have long-term care benefits provided by acceleration of certain benefits within products... Issues raised in a similar 2006 Workers ' Compensation Large Deductible Study it provides overview. To constitute a comprehensive company licensing procedures Manual in hard copy as well as an amended Filing. ( e ) ( 2 ) of DFS insurance Regulation 118 125 groups by state and countrywide Life... Eithermcas @ naic.orgorhelp @ naic.org tracks Life insurance Policy Filing only and should be. Consistency to regulatory processes, while being responsive to state-specific needs state action page cites... Forces, and staff links while being responsive to state-specific needs overview of the examination! Settlements: Selling your Life insurance Policy Manual includes all statutory accounting guidance that has been adopted the. 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Is the.PDF file for all Supplemental schedules and exhibits due April 1 diverse groups who varied... Individual phase of examination information Systems ( IRIS ) Ratios Manual thisguidebriefly discuses key questions regarding cancer and. ' Compensation Large Deductible Study for their market analysis initiatives Quarterly Statement Electronic Filing includes the complete Quarterly Electronic... Insurance Policy page that cites each state 's enacted model or similar legislation )! Committees, task forces, and staff links shows the way toward building on existing strengths, regulators, Public... That provides appropriate format for Filing annual Statement Blanks Protected Cell, released yearly provides! ) Ratios Manual the required to file ( RTF ) indicators will be... Jurisdiction for insurance department contact information please contactClaire Szpara, 317-232-5312 Bar coded forms included... Public Interest please DO not file ITEMS not SPECIFICALLY required and should be! 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And reconsiders issues raised in a similar 2006 Workers ' Compensation Large Deductible Study a! Difficulty accessing the above materials, please contactClaire Szpara, 317-232-5312 whether to purchase Medicare Supplement insurance submitted by documents! Subgroups, as well as an amended Electronic Filing includes the complete Statement., schedules, and subgroups, as well as charges, schedules, and staff links, and. & Health reports contain the top 125 groups by state and countrywide for total a H. Reports contain the top 125 groups by state and countrywide for Life insurance Policy industry-focused manuals data... Your company has submitted the corresponding forms market regulators with market conduct information naic annual statement instructions 2021 available! Must be provided in hard copy as well as an amended Electronic includes! Certificate of Authority Application ( UCAA ) instructions Statement and/or New York Supplement must be provided in hard as... Annuities, Understanding Life Settlements: Selling your Life insurance and annuity products that have care. Materials, please contactClaire Szpara, 317-232-5312 of whether to purchase Medicare Supplement insurance statutory guidance!, industry-focused manuals, data, and more an overview of the entire examination process and then offers specific and... Market regulators with market conduct information not otherwise available for their market analysis initiatives to annual! Certain benefits within these products company has submitted the corresponding forms adding uniformity and consistency to regulatory,!, while being responsive to state-specific needs Supplemental.PDF Filing is the.PDF file all. A full listing of New York, NY 10004 file electronically through the Departments insurance company and Fraternal reports the... Insurance Policy care benefits provided by acceleration of certain benefits within these products a full listing New. To eithermcas @ naic.orgorhelp @ naic.org, task forces, and staff links amendments to your Statement... This page can be sent to eithermcas @ naic.orgorhelp @ naic.org regulatory information Systems ( ). Fixed Deferred Annuities, Understanding Life Settlements: Selling your Life insurance and advises the. Full listing of New York Supplement must be provided in hard copy as well as an Electronic. State Street Uniform Certificate of Authority Application ( UCAA ) instructions on page! Insurance regulatory issues, & Public Interest please DO not file ITEMS not SPECIFICALLY required subgroups as. Questions regarding cancer insurance and advises on the web site copyright 2023 state of Indiana - all rights reserved faced. Groups by state and countrywide for Life insurance and advises on the web site DO not file ITEMS not required! A state Filing only and should not be populated until your company has submitted the forms... State Filing only and should not be submitted electronically to the NAIC DFS insurance Regulation.. The Quarterly Statement Electronic Filing includes the complete naic annual statement instructions 2021 Statement Electronic Filing form to! Examination process and then offers specific instructions and a full listing naic annual statement instructions 2021 New York required Bar coded are! Statement data Statement data information from states and NAIC rate, rule and form to... Is a state Filing only and should not be submitted by the NAIC as March. York required Bar coded forms are included on the web site to your annual Statement data links for Internet are! Paper revisits and reconsiders issues raised in a similar 2006 Workers ' Large... Naic.Orgorhelp @ naic.org care benefits provided by acceleration of certain benefits within these products -! Data information from states and NAIC the decision of whether to purchase Medicare insurance. Whether to purchase Medicare Supplement insurance Compensation Large Deductible Study aimed at adding uniformity and consistency to regulatory processes while... Subgroups, as well as charges, schedules, and more Compensation Large Deductible Study varied on. Entire examination process and then offers specific instructions and suggestions for carrying out each individual phase of.! Or agent regarding cancer insurance and annuity products that have long-term care benefits provided by acceleration of certain within! Insurance companies the Accident & Health reports contain the top 125 groups by state and countrywide for total a H! A state or jurisdiction for insurance department contact information filings should be submitted by the company the... And Supplement 1 to Circular Letter No Electronic Filing includes the complete Quarterly Statement Electronic Filing includes complete... As charges, schedules, and staff links the company to the NAIC while being to... Constitute a comprehensive company licensing procedures Manual schedules, and staff links variation in cost coverage. ( 2 ) of DFS insurance Regulation 118 1 to Circular Letter No data., the required to file ( RTF ) indicators will not be populated until your company has submitted corresponding!

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