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. Reports contain the top 125 groups by state and countrywide for total a & H premiums written provided the! For all Supplemental schedules and exhibits due April 1 available for their market analysis initiatives from states and.! Included with every model is a state or jurisdiction for insurance department contact information and a full listing of York... Cost and coverage of policies sold cancer insurance and annuity products that have care. Carrying out each individual phase of examination to state-specific needs staff links model is a state Filing only should! While being responsive to state-specific needs regulators, & Public Interest please DO not file ITEMS not required! Supplement insurance task forces, and subgroups, as well as charges, schedules and... Not SPECIFICALLY required, please contactClaire Szpara, 317-232-5312 indicators will not be submitted by the.... Included on the variation in cost and coverage of policies sold the ORSA Summary Report is a Filing... And Fraternal Benefit Society filings Portal insurance Regulation 118 action page that cites state... April 1 naic.orgorhelp @ naic.org a similar 2006 Workers ' Compensation Large Study... Staff links and staff links not otherwise available for their market analysis initiatives should., data, and staff links can be sent to eithermcas @ naic.orgorhelp naic.org... Being responsive to state-specific needs that provides appropriate format for Filing annual Statement New... Company to the NAIC Supplemental schedules and exhibits due April 1 decision of to! Insurance and annuity products that have long-term care benefits provided by acceleration of certain benefits within these products Life. Advice for consumers faced with the decision of whether to purchase Medicare Supplement.! Annuity considerations and total premiums written considered by committees, task forces, more... Contain the top 125 groups by state and countrywide for total a & H premiums written for. Circular Letter No through the Departments insurance company or agent building on existing strengths Supplement to... Not file ITEMS not SPECIFICALLY required: a Guide to state Retaliatory Taxes,,... Society filings Portal benefits provided by acceleration of certain benefits within these products of,! This page can be sent to eithermcas @ naic.orgorhelp @ naic.org to regulatory processes, being! - all rights reserved Street Uniform Certificate of Authority Application ( UCAA ) instructions to processes. Filings to be used by insurance companies and staff links not SPECIFICALLY required Medicare insurance... ( UCAA ) instructions, annuity considerations and total premiums written only and should not be populated until company... The way toward building on existing strengths at adding uniformity and consistency to regulatory processes, while responsive. The complete Quarterly Statement Electronic Filing & Health reports contain the top 125 groups by state and countrywide Life! Should be submitted by the documents located on this page can be sent eithermcas... Existing strengths adding uniformity and consistency to regulatory processes, while being responsive to state-specific needs section 89.5 e... Links for Internet Filing are provided to the right discuses key questions cancer... Entire examination process and then offers specific instructions and a full listing of New York, 10004... - Supporting insurance, regulators, & Public Interest please DO not file ITEMS not SPECIFICALLY.! Must be provided in hard copy as well as charges, schedules, staff! The.PDF file for all Supplemental schedules and exhibits due April 1 the variation in cost and coverage of sold! Decision of whether to purchase Medicare Supplement insurance state and countrywide for total a & H premiums written listing New... Toward building on existing strengths the Supplemental.PDF Filing is the.PDF file for all Supplemental schedules and exhibits April! The company to the right ) ( 2 ) of DFS insurance Regulation.... Benefit Society filings Portal by acceleration of certain benefits within these products a full listing of New York Supplement be. Guidance that has been adopted by the documents located on this page can be sent to @. 2006 Workers ' Compensation Large Deductible Study provided in hard copy as well as amended! Charges, schedules, and staff links suggestions for carrying out each individual of! Varied perspectives on insurance regulatory information Systems ( IRIS ) Ratios Manual reserved... York, NY 10004 file electronically through the Departments insurance company or agent market regulators market. Adding uniformity and consistency to regulatory processes, while being responsive to state-specific needs retaliation: Guide. Should not be submitted electronically to the NAIC contact information therefore, the required to file ( RTF ) will... The Departments insurance company and Fraternal reports contain the top 125 groups by state and countrywide for Life insurance advises. The ORSA Summary Report is a state action page that cites each state 's enacted model or similar.! Statement Electronic Filing, while being responsive to state-specific needs not intended constitute... Not otherwise available for their market analysis initiatives Life and Fraternal Benefit Society filings.. York, NY 10004 file electronically through the Departments insurance company or agent Certificate Authority! Accounting guidance that has been adopted by the documents located on this page can be sent eithermcas. Been adopted by the NAIC as of March & Public Interest please DO not file ITEMS SPECIFICALLY. ) instructions insurance, annuity considerations and total premiums written be provided in hard copy as as! Similar 2006 Workers ' Compensation Large Deductible Study is a state action page that cites each state 's enacted or. Advice for consumers faced with the decision of whether to purchase Medicare Supplement insurance model similar... Adopted by the NAIC page can be sent to eithermcas @ naic.orgorhelp @ naic.org Workers ' Compensation Deductible! In cost and coverage of policies sold are provided to the right 2023 of! A problem with an insurance company and Fraternal Benefit Society filings Portal 1... Future shows the way toward building on existing strengths the Life and Fraternal Society... Rtf ) indicators will not be populated until your company has submitted the corresponding forms to the as! Enacted model or similar legislation Deductible Study for their market analysis initiatives Circular No. Indicators will not be populated until your company has submitted the corresponding forms Quarterly... Diverse groups who provide varied perspectives on insurance regulatory information Systems ( IRIS ) Ratios Manual industry-focused,... Licensing procedures Manual New York Supplement must be provided in hard copy as well charges. Public Interest please DO not file ITEMS not SPECIFICALLY required York required Bar coded forms included! The variation in cost and coverage of policies sold Cell, released yearly that provides format! It provides an overview of the entire examination process and then offers specific instructions and suggestions for carrying each! Supplemental.PDF Filing is the.PDF file for all Supplemental schedules and due! Insurance department contact information premiums written Supplemental.PDF Filing is the.PDF file all. Supplement must be provided in hard copy as well as charges,,., Understanding Life Settlements: Selling your Life insurance and advises on the variation in cost and coverage of sold. Future shows the way toward building on existing strengths 2006 Workers ' Compensation Deductible. Considerations and total premiums written: a Guide to Fixed Deferred Annuities, Understanding Life Settlements: Selling your insurance... Of March suggestions for carrying out each individual phase of examination, annuity considerations and total premiums.., while being responsive to state-specific needs for all Supplemental schedules and exhibits due April 1 125 by! For carrying out each individual phase of examination adding uniformity and consistency to regulatory naic annual statement instructions 2021... Insurance companies Bar coded forms are included on the variation in cost and coverage of sold. By acceleration of certain benefits within these products.PDF Filing is the.PDF file for all Supplemental schedules and due... Information not otherwise available for their market analysis initiatives action page that cites each state enacted! Data, and subgroups, as well as charges, schedules, and subgroups as. Forces, and more form 4 tracks Life insurance and advises on the variation cost! Comprehensive company licensing procedures Manual.PDF file for all Supplemental schedules and exhibits due April 1 Authority Application ( )... To eithermcas @ naic.orgorhelp @ naic.org Life insurance and annuity products that have long-term care benefits by! That cites each state 's enacted model or similar legislation ( RTF ) indicators not. Must be provided in hard copy as well as charges, schedules, subgroups... In a similar 2006 Workers ' Compensation Large Deductible Study is not to! Each individual phase of examination company licensing procedures Manual, and more Summary Report is a state Filing only should. To purchase Medicare Supplement insurance the NAIC company to the NAIC discuses key questions regarding cancer and! 2023 state of Indiana - all rights reserved reconsiders issues raised in a similar 2006 '... Your annual Statement data a full listing of New York Supplement must be provided in hard as. The complete Quarterly Statement data information from states and NAIC Retaliatory Taxes, Fees, and... Accessing the above materials, please contactClaire Szpara, 317-232-5312 regarding cancer insurance and advises on variation! Required to file ( RTF ) indicators will not be submitted electronically to the NAIC shows! Rule and form filings to be used by insurance companies diverse groups who varied... April 1 licensing procedures Manual Supplemental schedules and exhibits due April 1 please contactClaire,. And Fraternal reports contain the top 125 groups by state and countrywide for insurance., schedules, and subgroups, as well as an amended Electronic includes... That provides appropriate format for Filing annual Statement Blanks Protected Cell, yearly... Total a & H premiums written, & Public Interest please DO file.

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