MO Insurance Bulletin 2024-01

MO Insurance Bulletin 2024-01: Annual Statistical Reporting Requirements

Year: 2024Length: 421 wordsOfficial source
1   INSURANCE BULLETIN 24-01 Annual Statistical Reporting Requirements Issued: January 08, 2024 The following Bulletin is issued by the Missouri Department of Commerce and Insurance (“Department”) to inform and educate the reader on the specified issue. It does not have the force and effect of law, is not an evaluation of any specific facts or circumstances, and is not binding on the Department. See section 374.015, RSMo. To: All insurers writing insurance coverages in the State of Missouri From: Chlora Lindley-Myers, Director Re: Annual Statistical Reporting Requirements The purpose of this Bulletin is to remind insurers of the annual statistical reporting requirements. Insurers doing business in Missouri are required to annually report certain aspects of their business. The statutory authority for each filing requirement and applicable filing deadline is listed below.1 Reporting requirements and detailed reporting instructions are available on the Department's website at https://insurance.mo.gov/industry/filings/stats/statreprt.php. All statistical reports (with the exception of the private passenger automobile/residential property Missouri ZIP code data) can be submitted online. Insurers are encouraged to file the required reports using the Statistics Claims Reporting Portal found at https://apps.dci.mo.gov/ProfLiab/MedMal/Login.aspx. The private passenger automobile/residential property Missouri ZIP code data should be submitted via email to statistics@insurance.mo.gov. 1 All statutory references herein are to RSMo (2016) unless otherwise noted. DEPARTMENT OF COMMERCE & INSURANCE P.O. Box 690, Jefferson City, Mo. 65102-0690 2 Any questions or comments regarding this Bulletin or the statistical reporting requirements should be directed to the Department’s Business Analytics/Statistics Section at statistics@insurance.mo.gov. Filing Statutory/Regulatory References Filing Deadline Filing Method Property & Casualty Reports Annual Statement: Page 19 Supplement 374.040, 374.045 RSMo., 20 CSR 200-1.037 March 1st Reporting Portal Commercial liability profitability/loss development/closed claims 379.895 RSMo. April 15th Reporting Portal Dram shop liability insurance premium and loss report 375.1730 RSMo, 20 CSR 600-1.020 March 31st Reporting Portal Legal malpractice open/closed claims 383.077, 383.079, 383.081, 383.083 RSMo. January 1st / within 6 months of final disposition Reporting Portal Medical malpractice open/closed claims 383.105, 383.110, 383.115, 383.120, 383.125 RSMo. Quarterly Reporting Portal Mortgage guaranty 374.210 July 1st Reporting Portal Private passenger automobile/residential property Missouri ZIP code 374.400, 374.405 RSMo., 20 CSR 600-3.100 March 1st Via Email Products liability closed claims 374.415 RSMo. March 1st Reporting Portal Real estate open/closed claims 383.060, 383.067, 383.069 RSMo. January 1st / within 6 months of final disposition Reporting Portal Life, Accident, & Health Reports Annual Statement: Supplement for Missouri 374.040, 374.045 RSMo., 20 CSR 200-1.037 March 1st Reporting Portal Medicare supplement experience 374.045, 374.190, 376.874 RSMo., 20 CSR 600-1.010 April 1st Reporting Portal ###
MO Insurance Bulletin 2024-01: MO Insurance Bulletin 2024-01: Annual Statistical Reporting Requirements | Justis AI