Automobile Insurance Statistical Data Monitoring System

STATE OF CONNECTICUT INSURANCE DEPARTMENT www.ct.gov/cid P.O. Box 816 Hartford, CT 06142-0816 An Equal Opportunity Employer Bulletin PC- 39 December 20, 2000 (Formerly NF-100) TO ALL COMPANIES LICENSED IN THE STATE OF CONNECTICUT TO WRITE AUTOMOBILE LIABILITY AND PHYSICAL DAMAGE INSURANCE SUBJECT: REGULATIONS CONCERNING PRIVATE PASSENGER AUTOMOBILE INSURANCE STATISTICAL DATA MONITORING SYSTEM (SDMS), REGS., CONN. STATE AGENCIES, §38a-693-1 to 38a-693-6 Regulations of Connecticut State Agencies §38a-693-1 to 38a-693-6 establish requirements for the Private Passenger Automobile Insurance Statistical Data Monitoring System. Subsection (a) of §38a-693-5 permits the Insurance Commissioner to waive or modify any SDMS requirements for an individual insurer or statistical agent where the insurer has demonstrated that implementation of the requirements would be impractical or unreasonable because of the small volume of private passenger automobile insurance premiums written by the insurer, or in such other instances, where the insurance commissioner deems that such implementation would place an unreasonable burden on the insurer or statistical agent. To obtain approval for a waiver of an SDMS requirement(s) based on small volume, a company must submit a written request for the waiver, identify the statistical agent used, and meet the following conditions: (1) Connecticut private passenger automobile premiums for the most recently completed calendar year must be less than $1,000,000, and (2) the company requesting the waiver is not reporting their data to a statistical agent as part of a group. Susan F. Cogswell Insurance Commissioner