Access technology tools and resources for U.S. insurance regulators. Information will be provided at the beginning of each product showing the updated material within the product. WebAttn! It also contains earned premiums, incurred losses, earned exposures and number of claims for both voluntary and residual market business. The Risk Retention and Purchasing Group Handbook explores the provisions and requirements of the Liability Risk Retention Act of 1986 (LRRA) and the NAIC Model Risk Retention Act. 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 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 itsmembers, the state insurance commissioners. You still MUST file an MCAS regarding your hybrid-LTC business regardless of whether you have a RTF indicator on your filing matrix. Explore future meetings and access past event documents. This publication combines information from the Market Conduct Examiners Handbook and the Market Analysis Handbook into one comprehensive source of reference material from the continuum of regulatory responses to potential market concerns. This guide helps insurers comply with state regulatory requirements regarding annual audited financial reports and related correspondence. We're here to help. PO Box 15181 When answering by e-mail, please include telephone number. Risk Retention and Purchasing Group Handbook. Access forms, tools, and resources for individuals and organizations to file forms, improve efficiency, and remain compliant. 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. This publication includes important information about other taxes and assessments, exclusions and deductions, credits, payment due dates, penalties, extensions, fees and deposits. Purposes and Procedures Manual of the NAIC Investment Analysis Office. 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. (MCAS Blanks Working Group Webpage), Authority ReferencesData Call LetterSignatures. input, See a list of licensed insurance companies, See what enforcement actions IDOI has taken, File financial information for my insurance company, Enroll for the Municipality Set-Aside Program, File a Patient's Compensation Fund Certificate of Insurance, Residential Real Estate Acquisition of Licensee Information and Numbers "RREAL IN" Database, Accounting Practices & Procedures Manual Update: May 2021, Accounting Practices & Procedures Manual Update: August 2021, Financial Regulation Standards and Accreditation Program Manual, Uniform Application for Individual Producer License/Registration, Uniform Application for Business Entity Adjuster License/Registration, Uniform Application for Individual Adjuster or Apprentice License/Registration, Uniform Application for Third Party Administrator License, Uniform Application for Business Entity License Renewal/Continuation, Purposes and Procedures Manual of the NAIC Investment Analysis Office, Spring 2021: E Committee Technical Updates, Summer 2021: E Committee Technical Updates, Report The Manual includes all statutory accounting guidance that has been adopted by the NAIC as of March. A summaryof these changes can be found in the Summary of 2021 Changesdocument. Its use will help insurance regulators provide speed-to-market for insurers, while continuing to maintain a high level of protection for consumers. Provides the most current, complete information available on administering insurance company receiverships. The publication provides demographic and insurer/syndicate contact information. The NAIC Annual Statement and New York Supplement require the use of bar codes on the jurat page and certain other pages and forms. Accessibility New York State Department of Financial Services The FAS Supplemental Health Care Exhibit and LTC Reporting Forms 1 through 5 filing deadline is April 1. Access to every published model law, regulation, and guideline. The XXX in this column might signify that the state has waived the paper filing of the annual statement and all supplements. Note: The New York Supplement (Items # 101, 102 and 105(a)) are not required filings for Foreign RRGs. 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). No revisions have been made as of this date. Reports on homeowners dwelling, fire and tenant insurance. Recently updated as of July 2021. The Manual includes all statutory accounting guidance that has been adopted by the NAIC as of March. 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. The Supplement must be bound at the left side in sequential order and it must have a "COVER" page that indicates New York Supplement to the Annual Statement, the FULL Company Name and the Year. Capital Markets Bureau 7th Floor Designed to serve as a compilation of the market conduct examination standards found in Chapters 20 - 32 of the Market Regulation Handbook. Access to every published model law, regulation, and guideline. The Quarterly Statement Electronic Filing includes the complete quarterly statement data. Copyright 1991. Professional development for state insurance regulators and industry professionals. A glossary of insurance terms and definitions. Accident and Health Policy Experience Report 2021, Accounting Practices and Procedures Manual. Includes a complete listing of state insurance departments. To follow the Market Conduct Annual Statement Blanks (D) Working Group and their discussions related to the content of MCAS lines of business, visit their webpage:/cmte_d_mcaswg.htm. Hard copy filings of the signed notarized New York Supplement jurat page should be directed to: All parts of the Annual Statement except those schedules identified as N/A on the checklist and all parts of the New York Supplement must be accounted for. Access forms and tools to file expense reports, review Grant and Zone Scholarship balances, and access NAIC travel guidelines. 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. (212) 480-4217. This handbook is updated annually. Provides detailed demographic information on 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. The Valuation Manual sets forth the minimum reserve and related requirements for jurisdictions where the Standard Valuation Law, as amended by the National Association of Insurance Commissioners (NAIC) in 2009, or legislation including substantially similar terms and provisions has been enacted by jurisdictions, and this Valuation Manual (VM) is operative. 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. The Synopsis is a brief, handy overview of the activity at each NAIC national meeting. Designed to educate consumers about the need to consider purchasing earthquake insurance. AUDIT/INTERNAL CONTROL RELATED REPORTS, Audited Financial Reports Exemption Affidavit, Communication of Internal Control Related Matters Noted in This publication should be used to ensure that all financial filings conform to NAIC requirements. This handbook's objective is to provide a framework that, while not preempting a state's authority, promotes consistent decisions while reviewing the standardized Uniform Certificate of Authority Application (UCAA) and helps improve the efficiency of the review process. Appropriate notarization required on the actual document. 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 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. Subscriptions are specific to an individual user and access to the platform requires a redemption code, which will be provided via email following verification of the purchase. Contact us today atidp@naic.orgfor a quote! The company shall attach a statement to its audited annual financial statement, when filed, that the CPA does not function in the role of management, does not audit his or her own work, and does not serve in an advocacy role for company. The Bank List meets credit standards specified for a variety of NAIC-approved purposes. Find contact information for insurance departments and local insurance agents, or file a complaint. 2022 Financial Condition Examiners Handbook online subscription service, Guide to Compliance with State Audit Requirements (Annual Financial Reporting Model Regulation #205). The Life Insurance Buyer'sGuideis a one-stop-shop for information related to life insurance. Updated annually. The RBC Forecasting and Instructions explains the RBC formula, which should be helpful to anyone responsible for submitting data. Updated annually. 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. A listing of bond mutuals that meet conditions in the Purposes and Procedures Manual of the NAIC, qualifying them for more favorable reserve treatment. Financial Statement DataPurchase the data that is the basis of this report and manipulate it to achieve the best possible results for your research. Access technology tools and resources for U.S. insurance regulators. Control Over Financial Reporting, Report of Significant Deficiencies in Internal Controls, Filings Checklist (with Column 1 completed), Corporation Franchise Tax to Dept. Settings, Start voice An easy reference guide regarding the review of rate, rule and form filings to be used by insurance companies. In addition, the Department requires the Audited Financial Statements and the documents submitted pursuant to Regulation 118 to be bar coded. ClickHEREto access the following resources maintained by the Blanks (E) Working Group: Additional NAIC Accounting and Reporting Resources: File Annual & Quarterly financial statements online If N/A appears in this column, the filing is required with the domiciliary state.