TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER i: ADVISORY ORGANIZATIONS
PART 753 FILING POLICY AND ENDORSEMENTS FORM
SECTION 753.10 COMPANIES MUST FILE


 

Section 753.10  Companies Must File

 

a)         All companies writing any of the kinds of business enumerated in Class 2, except paragraphs (a), (d) and (g), and Class 3 of Section 4 of the Code must file:

 

1)         copies of all policy forms on these kinds of business.

 

2)         copies of generally used endorsement forms on these kinds of business.

 

3)         copies of all application forms used on these kinds of business.

 

b)         This filing requirement can be met by:

 

1)         a company making a direct filing on its own behalf; or

 

2)         a company making a reference filing on its own behalf by utilizing an advisory organization's Standard Provisions forms; or

 

3)         a company authorizing the advisory organization, of which it is a member or subscriber, to make the filing on the company's behalf.

 

c)         A company making a reference filing under b) 2) above must file in duplicate a Form RF-1. (See exhibit attached to this Rule).  The RF-1 Form lists the kinds of business to be written and the corresponding advisory organization to which the reference is being made.

 

d)         A company authorizing its advisory organization to file on the company's behalf under b) 3) above must have on file a forms authorization letter, in duplicate, which includes:

 

1)         the name of their authorized advisory organization.

 

2)         the kinds of business for which filings will be made.

 

3)         authorization clause or language.

 

4)         effective date of authorization.

 

e)         All filings must be accompanied by a forms submission letter, in duplicate, which includes:

 

1)         the name of the advisory organization or company making the filing.

 

2)         title, form number, and edition identification of the forms.

 

3)         information as to what Class and Clause coverage is written under.

 

4)         identification of all applicable endorsements and applications as to the policy forms for which the endorsements and applications are used.

 

5)         notification as to whether the filing is new or supersedes a present filing.  Identification of all changes in all superseding filing as well as identification of all superseded forms is required.

 

6)         effective date of use.

 

f)          Companies under the same ownership or general management are required to make separate individual company filings. Company Group filings are unacceptable.