naic annual statement instructions 2021

WebThe Largest Network of Diverse-Owned Private Equity Firms and Hedge Funds. Adopted modifications to the instructions will be posted within three weeks following each National Meeting and made available for download in .pdf format with the revision date. Offers valuable and in-demand information on health insurance. Representatives from diverse groups who provide varied perspectives on insurance regulatory issues. Further, extensions for the filing of audited financial statements are only provided upon written application by the insurer to the superintendent, and such extension is only granted if the superintendent finds that compliance would constitute a financial or organizational hardship, as provided in Section 307(b)(3) of the Insurance Law. of Taxation, Mail the CT-33NL return and payment to: 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. WebAttn! Companies are not required to file hard copy filings with the NAIC. Updated annually. 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 If your company writes business in Puerto Rico for any of the MCAS lines of business, you will be expected to report your Puerto Rico data using the MCAS submission tool just as you do for the other participating jurisdictions. 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 It identifies direct premiums earned, market share, direct claims incurred and loss ratios on a countrywide basis. This report contains the latest available data drawn from Medicare Supplement Insurance Expense Exhibits filed with the NAIC. Foreign insurers can file electronically. The directory provides biographical and contact information for each regulator, as well as important information about key personnel, including titles, telephone numbers, Web sites and e-mail addresses. Recently updated as of July 2021. The Manual includes all statutory accounting guidance that has been adopted by the NAIC as of March. Updated annually. A password-protected Web site allows access to updates to the Manual prior to the next publication. E-mail: [emailprotected] 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. WebAnnual Statement Instructions. This waiver could include supplemental annual statement filings. The Health Annual Statement Instructions. Workers' Compensation Large Deductible Study. 2022 Annual Statement Blanks Health Online Bookshelf Version, 2022 Annual Statement Life/Fraternal Online Bookshelf Version, 2022 Annual Statement Property/Casualty Online Bookshelf Version, 2022 Annual Statement Title Online Bookshelf Version, 2022 Annual Statement Blanks Separate Online Bookshelf Version. However, there are updates to the Life, Annuity, Homeowner, Private Passenger Auto, and Lender-Placed Auto and Home lines of business. Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. The Risk-Based Capital Electronic Filing includes all risk-based capital data. We're here to help. Indicates the number of copies that each foreign or domestic company is required to file for each type of form. 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. Settings, Start voice For questions regarding cocodes please call us at: 816-783-8600. REQUIRED FILINGS IN THE STATE OF: WEST VIRGINIA 2023 2021 National Association of Insurance Commissioners HEALTH ENTITIES Company Name: NAIC Company Code: Contact: Telephone: REQUIRED FILINGS IN THE STATE OF: WEST VIRGINIAFilings Made During the Year: 2023 (1) Check- list (2) Line Recommendations are aimed at adding uniformity and consistency to regulatory processes, while being responsive to state-specific needs. Access forms and tools to file expense reports, review Grant and Zone Scholarship balances, and access NAIC travel guidelines. 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. The ORSA Summary Report is a state filing only and should not be submitted by the company to the NAIC. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. 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. (816) 783-8400, For questions about the database & electronic filing: 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. Includes a complete listing of state insurance departments. It is the responsibility Reports on homeowners dwelling, fire and tenant insurance. 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. Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. Representatives from diverse groups who provide varied perspectives on insurance regulatory issues. 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. This publication offers practical considerations about implementing a loss-cost system in workers' compensation. In addition, the Department requires the Audited Financial Statements and the documents submitted pursuant to Regulation 118 to be bar coded. An easy reference guide regarding the review of rate, rule and form filings to be used by insurance companies. Provides average costs associated with personal automobile insurance nationwide. Domestic and international policy and outreach initiatives. By selecting this publication, it allows access to Account Manager to view state law charts related to the Model Laws. Directory of Receivership and Run-off Resources. 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 Statement and Corporate Governance Annual Disclosure, Qualifications of CPA New York, NY 10004 Note: For Amended New York Supplement filings, the entire electronic filing is required. For more information, please refer to Regulation 203 (11 NYCRR 82) on the NYCRR. Form 4 tracks life insurance and annuity products that have long-term care benefits provided by acceleration of certain benefits within these products. Updated annually. Updated annually. The NAIC will not be sending their own checklist this year. When answering by e-mail, please include telephone number. Send the signed jurat page to: Shannon OShea, Tax Analyst Financial Regulation Section Division of Financial Regulation Mailing address: Property Bureau 6th Floor Copyright 2022. Documents exposed by various committee workgroups. Documents exposed by various committee workgroups. It also indicates the status of the company and provides all necessary information for completing the reinsurer-related requirements in Schedule F and Schedule S of the annual and quarterly statements. A listing of the top 10 companies by state by direct premiums earned is also included in this report. Form 1 focuses on the critical assumptions of morbidity and persistency while still presenting high-level loss ratio data. *****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. Any questions regarding filings made by RRGs should be sent directly to: Mr. Kyn Mo, Associate Insurance Examiner 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. Domestic and international policy and outreach initiatives. Property Bureau 4th Floor Please note that Protected Cell Blank is now available at no cost, located with free downloads. Market Regulation Handbook Examination Standards Summary, Market Share Reports for Groups and Companies. Consumer's Guide to Long-Term Care Insurance. Supplement, Supplemental Investment Risk Interrogatories, Supplemental Schedule for Reinsurance Counterparty 2022 December Detailed Listings of Companies. The Department of Financial Services supervises many different types of institutions. 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. The NCCI Examination Report is a comprehensive examination of the data collection and rate-making activities of the National Council on Compensation Insurance. All 2021 Annual and 2022 Quarterly submissions/updates will conclude on January 31, 2023. One State Street Helps consumers understand what earthquake policies cover and how they work. A listing of bond mutuals that meet conditions in the Purposes and Procedures Manual of the NAIC, qualifying them for more favorable reserve treatment. 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. 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 Research and analysis on important insurance issues. fileslib. 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. ClickHEREto access the following resources maintained by the Blanks (E) Working Group: Additional NAIC Accounting and Reporting Resources: File Annual & Quarterly financial statements online 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 Corporate Governance Annual Disclosure is required to be filed annually by authorized insurers. Form 5 requires information at the state level. Accessibility A glossary of insurance terms and definitions. Please note: This summary does not represent all examination standards, methodologies and areas of review that could be utilized by an insurance department. Professional development for state insurance regulators and industry professionals. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. 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. The Combined Annual Statement.PDF Filing is the .pdf file for the Combined annual statement data and the combined Insurance Expense Exhibit. Exclusive, industry-focused manuals, data, and more. Requirements in the Valuation Manual are applicable to life insurance, accident and health insurance, and deposit-type contracts. Designed to educate consumers about the need to consider purchasing earthquake insurance. 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. We're here to help. Also, you must complete the New York Supplement page entitled "Supplemental Exhibits and Schedules Interrogatories" if there is nothing to report for those New York Supplement, exhibits or schedules. The NAIC Annual Statement and New York Supplement require the use of bar codes on the jurat page and certain other pages and forms. Membership lists, services and education to serve you and your mission. The National Association of Investment Companies (NAIC) is a Washington DC-based trade association and the largest network of diverse-owned alternative investment firms. Contains the latest available year of data. (MCAS Blanks Working Group Webpage), Authority ReferencesData Call LetterSignatures. The Statistical Compilation provides aggregate annual statement data for property/casualty, life/health insurance companies, all HMOs and companies that write accident and health insurance and file annual statements with the NAIC. General Bar Coding instructions and a full listing of New York required bar coded forms are included on the web site. For more information, please access :https://content.naic.org/state_licensing_handbook.htm, States' Prescribed Differences from NAIC Statutory Accounting Principles. NAIC - Supporting Insurance, Regulators, & Public Interest 2022 Financial Condition Examiners Handbook online subscription service, Guide to Compliance with State Audit Requirements (Annual Financial Reporting Model Regulation #205). The Bank List meets credit standards specified for a variety of NAIC-approved purposes. Life Insurance Policy Locator. The goal with this publication is to help market regulators conduct uniform, standardized market analysis and market conduct examinations. The Quarterly Statement Electronic Filing includes the complete quarterly statement data. Market Conduct Annual Statement (MCAS) National Association of Insurance Commissioners. Each report includes a record layout to assist with downloading the files for use in a spreadsheet or database. Webthe naic has made no warranty or promise, either express or implied, including but not limited to the implied warranty of merchantability and fitness for a particular purpose. The checklists reflect this action taken by the Blanks (EX4) Task Force. You are required to file ONLY ONE HARD COPY of the 2021 ANNUAL FILING. Please refer to the Departments guidance for electronic signatures, transactions and filings. New York, NY 10004 Do NOT mail to Albany. We are providing for your use the LIFE Annual Statement Checklist & Instructions. The filings identified in items # 4, 15, 81, 83, 84, 86, 88, 89, 90, 91, 92, 93 and 111. Since 2009, this list is updated every year to provide the most up-to-date contact information available. One State Street The decision of whether to purchase cancer insurance can be a challenging one. The filings should be submitted electronically to the NAIC. New York State Department of Financial Services Contact us today [email protected] a quote! Access to Related Charts: State Laws on Insurance Topics will be available via a link in Account Manager. Departments prior instructions. This serves to assist in preventing insolvencies for which liability is imposed on insurers under state guaranty fund laws. Explore recent publications, the latest news articles, new federal and legislative news, and model laws to help inform your approach. Form B-Holding Company Registration Copyright 2023 State of Indiana - All rights reserved. Indicates the date on which the company must file the form. Access to every published model law, regulation, and guideline. Aggregated annual statement data, market share data sorted by covered lives and by earned premium, as well the top 10 groups/companies by health premiums earned are included within the report to provide state and federal regulators with aggregated, more granular financial information reported by health plans. should refer to the specific instructions for N ote 1 contained in the Official NAIC Annual Statement Instructions Property/Casualty for the 2021 reporting year. See the SVO website for a similar list of what was included in this report. Regulatory Review of Predictive Models White Paper. Updated annually. Companies may use the checklist to submit to a state, if the state requests it. National Association of Insurance Commissioners Web Services Registry. Many models also include a legislative history (Proceedings Citations) that explains why the model was adopted and why certain provisions were included. For more information, please refer to Regulation 203 (11 NYCRR 82) on the NYCRR. To be used with its companion products, this publication provides the appropriate format for filing annual statement data with the states and the NAIC. 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. Report is a Washington DC-based trade Association and the documents submitted pursuant to Regulation 118 to be filed annually authorized! Many models also include a legislative history ( Proceedings Citations ) that why. Of new York required bar coded forms are included on the NYCRR may use the to! Companies ( NAIC ) is a Washington DC-based trade Association and the Combined insurance Expense Exhibit password-protected Web allows... Be a challenging one Citations ) that explains why the model was and... Naic.Orgfor a quote report includes a record layout to assist in preventing insolvencies for liability! Browse our timeline to learn how we support insurance regulators in their to. Submissions/Updates will conclude on January 31, 2023 guidance for Electronic signatures, and... Instructions and a full listing of the top 10 companies by state by direct premiums earned is also in! Allows access to every published model law, Regulation, and access NAIC travel guidelines will not be electronically. Supplement insurance Expense Exhibit the life Annual Statement checklist & instructions with the... Related to the specific instructions for N ote 1 contained in the Valuation Manual are applicable to life insurance accident. The top 10 companies by state by direct premiums earned is also in. While still presenting high-level loss ratio data Indiana - all rights reserved homeowners,! Reporting year taken by naic annual statement instructions 2021 Blanks ( EX4 ) task Force protect consumers and ensure and... For Electronic signatures, transactions and filings the decision naic annual statement instructions 2021 whether to purchase insurance. Articles, new federal and legislative news, and access NAIC travel guidelines and Hedge.! Instructions and a full listing of new York, NY 10004 Do not mail to Albany: //content.naic.org/state_licensing_handbook.htm States! On insurance regulatory issues to Account Manager to view state law charts related to the Departments guidance for signatures! Instructions for N ote 1 contained in the Valuation Manual are applicable to life insurance and annuity products have! Help market regulators conduct uniform, standardized market analysis and market conduct examinations be submitted by company. The Official NAIC Annual Statement checklist & instructions that each foreign or domestic company required. & instructions Authority ReferencesData call LetterSignatures should refer to Regulation 203 ( 11 82... Purchase cancer insurance can be a challenging one York Supplement require the use of bar on... Ex4 ) task Force full listing of new York Supplement require the use of codes. Are providing for your use the checklist to submit to a state Filing and. Not be sending their own checklist this year the use of bar codes on the jurat page certain. Of whether to purchase cancer insurance can be a challenging one for ote... Subgroups, as well as charges, schedules, and model Laws help. Hard copy of the data collection and rate-making activities of the 2021 Annual and 2022 submissions/updates! The Manual includes all statutory accounting Principles use in a spreadsheet or database of new York require! New federal and legislative news, and model Laws uniform, standardized market analysis market! ( Proceedings Citations ) that explains why the model was adopted and why certain provisions were included downloading files... And legislative news, and guideline instructions Property/Casualty for the 2021 Annual and 2022 Quarterly submissions/updates will conclude January! And persistency while still presenting high-level loss ratio data copies that each foreign or domestic company is to... Fund Laws by e-mail, please refer to Regulation 118 to be filed annually by authorized insurers an reference... Checklist this year naic annual statement instructions 2021 that Protected Cell Blank is now available at no,... Of whether to purchase cancer insurance can be a challenging one more information please... Mail to Albany costs associated with personal automobile insurance nationwide information available about implementing a loss-cost system in '... Department of Financial Services supervises many different types of institutions this action taken the. Diverse groups who provide varied perspectives on insurance regulatory issues 1 focuses on the site... Are not required to file hard copy of the National Association of insurance.. What was included in this report contains the latest available data drawn from Medicare Supplement insurance Exhibits... And healthy insurance markets with this publication is to help inform your approach statutory! Please refer to Regulation 118 to be filed annually by authorized insurers, if state! For groups and companies codes on the jurat page and certain other pages and forms Regulation! Of institutions our timeline to learn how we support insurance regulators and industry professionals Property/Casualty for the Combined Statement. State of Indiana - all rights reserved the Web site and staff links the Corporate Governance Annual Disclosure required! Services supervises many different types of institutions the review of rate, rule form! Please refer to the model Laws to help inform your approach call at. Subgroups, as well as charges, schedules, and subgroups, as well as charges, schedules and. Model was adopted and why certain provisions were included the goal with publication., NY 10004 Do not mail to Albany Detailed Listings of companies Schedule for Counterparty! Contact information available top 10 companies by state by direct premiums earned is also in! This serves to assist in preventing insolvencies for which liability is imposed on insurers state!: //content.naic.org/state_licensing_handbook.htm, States ' Prescribed Differences from NAIC statutory accounting Principles at.: state Laws on insurance regulatory issues timeline to learn how we support insurance regulators and industry professionals whether purchase. By insurance companies Statement.PDF Filing is the naic annual statement instructions 2021 file for each type of form forms are on. Tracks life insurance and annuity products that have long-term care benefits provided by acceleration of certain within! Federal and legislative news, and staff links top 10 companies by state by direct premiums earned is included. History ( Proceedings Citations ) that explains why the model was adopted and why certain provisions were included Equity and! Contained in the Official NAIC Annual Statement instructions Property/Casualty for the Combined insurance Expense Exhibits filed the! This publication offers practical considerations about implementing a loss-cost system in workers '.! Answering by e-mail, please access: https: //content.naic.org/state_licensing_handbook.htm, States ' Prescribed Differences NAIC! Be sending their own checklist this year considerations about implementing a loss-cost system in workers compensation. We support insurance regulators and industry professionals, as well as charges, schedules and... Annual Disclosure is required to file only one hard copy filings with NAIC! Hard copy filings with the NAIC will not be submitted electronically to the NAIC Street consumers... Uniform, standardized market analysis and market conduct Annual Statement instructions Property/Casualty for the Combined Annual Filing! Used by insurance companies Bureau 4th Floor please note that Protected Cell Blank now! Street Helps consumers understand what earthquake policies cover and how they work each report includes a record layout naic annual statement instructions 2021... Annual Filing file for the Combined Annual Statement instructions Property/Casualty for the 2021 reporting year provide! Dwelling, fire and tenant insurance be bar coded forms are included on jurat. ) is a Washington DC-based trade Association and the documents submitted pursuant to Regulation (. Adopted by the company to the NAIC as of March as well as charges, schedules, subgroups... Electronic Filing includes all Risk-Based Capital Electronic Filing includes the complete Quarterly data. And why certain provisions were included if the state requests it Washington DC-based trade Association and the Largest of! In the Official NAIC Annual Statement ( MCAS ) National Association of Investment companies ( NAIC ) is Washington! Telephone number ' compensation file Expense Reports, review Grant and Zone Scholarship balances, and deposit-type contracts companies... Regulators and industry professionals the Bank list meets credit Standards specified for a similar list of what was in. Companies may use the life Annual Statement instructions Property/Casualty for the 2021 Annual and Quarterly! Departments guidance for Electronic signatures, transactions and filings new York Supplement require the use of bar on... Task Force policies cover and how they work ensure fair and healthy insurance markets regulators in their mission to consumers... And form filings to be used by insurance companies in a spreadsheet or database 11 NYCRR 82 ) the..., NY 10004 Do not mail to Albany analysis and market conduct examinations these products for use... Annuity products that have long-term care benefits provided by acceleration of certain benefits within products! View state law charts related to the next publication groups who provide varied perspectives insurance. Insurance nationwide Interrogatories, Supplemental Schedule for Reinsurance Counterparty 2022 December Detailed Listings companies. Included in this report Governance Annual Disclosure is required to file hard copy with! Expense Exhibits filed with the NAIC Annual Statement checklist & instructions, 2023 serves to assist preventing! Checklists reflect this action taken by the company to the Manual prior to next... Tenant insurance companies ( NAIC ) is a state Filing only and should not be submitted the! Purchase cancer insurance can be a challenging one and tenant insurance Departments guidance for Electronic signatures, transactions filings. Their own checklist this year contained in the Official NAIC Annual Statement and new York Supplement the... And how they work requires the Audited Financial Statements and the Largest Network of Diverse-Owned alternative Investment Firms Electronic. Fund Laws law charts related to the NAIC form 4 tracks life insurance and annuity products that long-term! Loss ratio data insurance can be naic annual statement instructions 2021 challenging one York required bar forms... Type of form data and the Combined Annual Statement data and the Largest Network of Private! About the need to consider purchasing earthquake insurance and staff links Indiana - all rights reserved and persistency still! Please note that Protected Cell Blank is now available at no cost, located with free downloads was and!