Property & Casualty 2008Compliance Conference

What’s Wrong with my Filing?

A Guide to the Correct Way to Submit a P&C Rate and Form Filing

Texas State Specific Fields

FORM SCHEDULE

Rate/Rule Schedule

Texas General Instructions (SERFF)Additional Information Links

The Property and Casualty Filings Made Easy Guide is an aid to making property and casualty filings in Texas. The entire guide may be obtained by viewing the on-line version, downloading the MS Word file, or completing the interactive PDF forms. NOTE: Please read the “Filling Out Forms” instructions carefully before completing the interactive PDF forms.

FILINGS MADE EASY GUIDE http://www.tdi.state.tx.us/pubs/pc/rspceasy.html

TEXAS ADMINISTRATIVE CODE http://info.sos.state.tx.us/pls/pub/readtac$ext.ViewTAC?tac_view=4&ti=28&pt=1

TEXAS INSURANCE CODE http://www.tdi.state.tx.us/commish/code.html

P&C FILING REVIEW REQUIREMENT CHECKLISTS http://www.tdi.state.tx.us/commercial/pcckindx.html

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

FORM/ENDORSEMENT INFO MUST CORRESPOND WITH FORM SCHEDULE

• The names shown on the policy form and/or endorsement PDF attachments must correspond with the information shown in the SERFF Form Schedule.

• The policy form and/or endorsement numbers shown on the policy form and endorsement PDF attachments must correspond with the information shown in the SERFF Form Schedule.

• Don’t forget to attach the forms/endorsements to the filing.

INCORRECT SERFF FORM FILING SUBMISSION EXAMPLE

SERFF Form ScheduleForm/Endorsement PDF’s

• Aircraft Excluded, 2354 (10/10 ed.)

• EIFS Exclusion, 7538 (8/10 ed.)

• Blanket Additional Insured, 931 (3/10 ed.)

• Liquor Coverage, 1205 (2/10 ed.)

• Aircraft Liability Exclusion, 2354 (10/10 ed.)

• Not attached• Blanket Additional

Insured, 9231 (9/10 ed.)• Liquor Liability Coverage

Form, 1205 (3/10 ed.)

CORRECT SERFF ENDORSEMENT FILING SUBMISSION EXAMPLE

Form/Endorsement PDF’s SERFF Form Schedule

• Aircraft Liability Exclusion, 2354 (10/10 ed.)

• EIFS Exclusion, 7538 (8/10 ed.)

• Blanket Additional Insured, 9231 (9/10 ed.)

• Liquor Liability Coverage Form, 1205 (3/10 ed.)

• Aircraft Liability Exclusion, 2354 (10/10 ed.)

• EIFS Exclusion, 7538 (8/10 ed.)

• Blanket Additional Insured, 9231 (9/10 ed.)

• Liquor Liability Coverage Form, 1205 (3/10 ed.)

• Exception/manual page numbers must correspond with the SERFF Rate/Rule Schedule.

• The number of exception/manual pages shown on the SERFF Rate/Rule Schedule must correspond with the number of pages submitted in the filing.

MANUAL PAGES MUST CORRESPOND WITH RATE/RULE SCHEDULE

INCORRECT MANUAL RULE/RATE SERFF SUBMISSION EXAMPLE

Rule/Rate Page PDF’s

• Exception Page CW-TX-301 (05/10 ed.)

• Exception Page TX-LCM-250 (05/10 ed.)

• Manual Pages TX- GL- 1 (05/10 ed.) to TX-GL-10 (05/10 ed.)

Rule/Rate Schedule

• Exception Page TX-CW-301 (05/10 ed.)

• Exception Page TX-LCM-2500 (05/10 ed.)

• Manual Pages TX- GL- 1 (05/10 ed.) to TX-GL-12 (05/10 ed.)

CORRECT MANUAL RULE/RATE SERFF SUBMISSION EXAMPLE

Rule/Rate PDF’s

• Exception Page CW-TX-301 (05/10 ed.)

• Exception Page TX-LCM-2500 (05/10 ed.)

• Manual Pages TX- GL- 1 (05/10 ed.) to TX-GL-10 (05/10 ed.)

Rate/Rule Schedule

• Exception Page CW-TX-301 (05/10 ed.)

• Exception Page TX-LCM-2500 (05/10 ed.)

• Manual Pages TX- GL- 1 (05/10 ed.) to TX-GL-10 (05/10 ed.)

COMBINATION (FORMS/RULES/RATES SUBMITTED IN ONE FILING) FILINGS

• Please use “Policy Form” or “Endorsement” as the main filing type, when submitting forms/endorsements, manual rules, and/or rates in one filing.

• List all filing types being filed in Item #1 {Description of filing…} of the State-Specific Fields tab.

• This applies to reference and non-reference filings.

• Using forms/endorsements as the main filing type alerts TDI that the filing includes this information for the deemer provision.

• Using manual rule or rate as main filing type when also submitting forms/endorsements in one filing is incorrect.

MULTI-PERIL AND DUAL FILINGS• A Dual filing is a monoline filing for a line of insurance that

may also be used with the insurer's multi-peril policy without having to submit a separate multi-peril filing.

• Item #6 {Dual Filing} is completed [when applicable] when the filing is submitted with a monoline insurance line.

• TDI requires “Yes” or “No” wording and previously approved/accepted Multi-Peril TDI#, Link#(State Tracking#).

• Do not put a monoline TDI#/Link#(State Tracking#), the SERFF Tracking#, or your company tracking#.

• Do not include information in Item #6 {Dual Filing} when the filing is already being submitted as a Multi-Peril (Commercial or Personal) filing.

MULTI-PERIL VERSUS DUAL FILING COMPARISON

Multi-Peril Filing

• TOI: CMP Liability…

• SubTOI: Commercial Package

• Item #6: n/a

• TOI: Dwelling Fire/ Personal Liability

• SubTOI: Dwelling Fire/ Personal Liability

• Item #6: n/a

Dual Filing

• TOI: Property• SubTOI: Commercial

Property• Item #6: Yes, 105243• TOI: Personal Auto• SubTOI: Private

Passenger Automobile• Item #6: No

MULTI-PERIL AND INTERLINE FILINGS• Only certain types of filings can be submitted as

Interline – refer to the Filings Made Easy Guide.• Multi-Peril and Interline are not the same type of

filing, i.e., “multi-line”.• Interline is considered a separate type of filing in

Texas.• Item #5 {Interline Filing} is completed only when the

filing is submitted as an Interline filing.• Do not include information in Item #5 {Interline

Filing} when the filing is already being submitted as a Multi-Peril (Commercial or Personal) filing.

MULTI-PERIL VERSUS INTERLINE FILING COMPARISON

Multi-Peril Filings

• TOI: CMP Liability…

• SubTOI: Businessowners

• Item #5: n/a

• TOI: Homeowner/Auto Combinations

• SubTOI: Homeowner/ Auto Combinations

• Item #5: n/a

Interline Filings• TOI: Interline Filings• SubTOI: Commercial

Interline Filings• Item #5 (Crime, General

Liability, Inland Marine)• TOI: Interline Filings• SubTOI: Personal Interline

Filings• Item #5 (Personal Auto,

Homeowners, Dwelling)

REFERENCE FILING SUBMISSIONS• Reference Filing – the adoption of either an Advisory

Organization’s or another insurance company’s rates, forms/endorsements, and/or manual rules without any modifications to or including copies of this information.

• Refer to Advisory Organization Approved/Accepted Reference Filings list at http:www.tdi.state.tx.us/commercial/pccpadvs1.html (1999 to present). Example: TDI #9212509663

• Refer to Property/Casualty Reference Filings list at http://www.tdi.state.tx.us/commercial/rspcref1.html (1992 to 1999). Example: TDI-98-100-ISO-BOP-PF

• Reference Filings – show all required information on Item #4 of the State-Specific Fields Tab.

PLEASE SIMPLIFY YOUR REFERENCE FILING SUBMISSIONS

• TDI only requires the Advisory Organization Name and/or Insurance Company Name, Filing Types, and TDI File number and/or TDI Link #(State Tracking#).

• TDI does not require a copy of the Advisory Organization Circular, the Circular #, or Advisory Organization number.

• TDI does not require *copies of the forms and/or endorsements or its information (name, form#, etc.)

• TDI does not require *copies of the manual pages or its manual rule page and/or rate information.

• *Exception: submit the above information only if modifications and/or revisions are being made to them.

COMPARISON OF A REFERENCE FILING SUBMISSION

Original Reference Filing• ISO, Form/Endorsement• CA 20 06 12 93, Driving

Schools, CA-2000-OEND1, 9212406682

• CA 20 54 10 01 Employee Hired Autos, CA 2001-OFR00, 9212420118

• CA 20 88 06 04, Texas Amphibious Vehicles, CA-2003-OSIM1, 9212442693

Simplified Reference Filing

• ISO, Form/Endorsement, TDI #’s 9212406682, 9212420118, 9212442693

MANUAL RULE AND RATE REFERENCE FILINGS

• Though “rule” is shown in an Advisory Organization’s circular, it may be considered a “rate” filing in Texas.

• Any kind of rating plan (composite, retrospective, etc.) is considered a rate filing in Texas.

• For rate filings, please refer to the following websites: http:www.tdi.state.tx.us/commercial/pccpadvs1.html (1999 to present: “P/C Actuarial” links by coverage part) or http://www.tdi.state.tx.us/commercial/rspcref1.html (1992-1999: RT, RP, or RM filing types).

MANUAL RULE VERSUS RATE REFERENCE FILINGS

“RULE” FILINGS

• ISO: 9212483861, Texas Rule 97. Uninsured Motorist Insurance & Rule 100 Increased Liability Limits Revised.

• SAA: 9212459729, SAA Rules Filing for Fidelity and Forgery.

IN TEXAS…

• ISO, Rate, TDI #9212483861

• SAA, Rate, TDI #9212459729