DOI To Require Electronic Filing Of Life And Disability Forms And All Corporate Affairs Bureau Filings
The Department will hold a hearing in San Francisco on Wednesday, September 15, 2010 to consider amendments to regulations that will require that all forms filed with the Policy Approval Bureau and Actuarial Office be filed electronically through the System for Electronic Rate and Form Filings (SERFF) of the National Association of Insurance Commissioners (NAIC).В The amended regulation will apply to life, health, disability income, long-term care, variable annuity, and other form filings, eliminate provisions pertaining to paper filing, clarify various nomenclature used in submissions, and use gender-neutral language.В The Department is also considering adopting regulations to require that all applications, registrations, notices, reports, or other material that are submitted to the Corporate Affairs Bureau be submitted by means of the Department’s Online Assistance System for Insurer Submittals (OASIS).В These proposed regulations will be considered at the same hearing.В The last day to submit written comments on the proposed regulations is September 15, 2010
July 30, 2010
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