MD Insurance Bulletin 14-16
Filings that Include Models for Rating or Underwriting
5) If any information used in the model, such as demographic information, is obtained from a
third party, the identity of the party from whom the information is obtained.
If a company’s rate filing uses a score obtained from a third party, you must identify the third
party and the model used to generate the score. If the third party’s model has not yet been filed
with and reviewed by the Maryland Insurance Administration, you must provide the information
regarding the model that is required by items (1) through (5) above.
These requirements also can be found in the SERFF filing instructions for Maryland. Any filing
that involves the use of a model and does not include the required information will be rejected.
Any questions or comments regarding these filing requirements should be addressed to Geoffrey
Cabin, Director of P & C Rates and Forms at Geoffrey.cabin@maryland.gov. If there are any
questions, Mr. Cabin can be reached at 410-468-2310.
Therese M. Goldsmith
Insurance Commissioner
By:
Sandra Castagna
Associate Commissioner
Property and Casualty
Signature on original