Financial Statement and Electronic Filing

PURPOSE: This rule prescribes forms to be followed in proceedings before the Department of Commerce and Insurance regarding annual statements and effectuates or aids in the interpretation of sections 287.710, 354.105, 354.435, 354.720, 375.041, 375.786, 375.1030, 375.1037, 375.1047, 375.1082, 375.1252, 376.350, 376.370, 376.1012, 376.1092, 376.1093, 377.100, 377.380, 378.350, 379.105, 380.051, 380.482, 382.110, 383.030, and 384.021, RSMo. (1) Each health services corporation, health maintenance organization (HMO), stock or mutual life insurance company, assessment or stipulated premium plan life insurance company, fraternal benefit society, stock or mutual insurance company other than life, Chapter 383 assessment company, reciprocal and eligible surplus lines insurer, and each accredited or qualified reinsurer shall file a sworn annual statement on or before March 1 of each year, for its business and affairs for the year ended the next previous December 31, in accordance with the National Association of Insurance Commissioners (NAIC) Annual Statement Blank and the instructions for it, or in accordance with any other form as the director expressly permits to the entity. This statement also shall be prepared in accordance with the applicable accounting standards or principles approved by the NAIC, published in the Accounting Practices and Procedures Manual, Valuation of Securities or Examiner’s Handbook, or a combination of these, except where the applicable provisions of Chapters 354 and 374–385, RSMo, or other specific rules expressly provide otherwise. (A) For entities domiciled in Missouri, one (1) signed original and one (1) hard copy of the annual statement shall be filed with the Missouri department’s office in Jefferson City and one (1) hard copy shall be filed with the NAIC’s Kansas City office; provided, however, that for domiciled companies doing business in seventeen (17) or more states, for life and health insurers writing fifty (50) million dollars or more in gross premium, and for property and casualty insurers writing thirty (30) million dollars or more in gross premium, an additional hard copy also shall be filed with the NAIC’s office in Kansas City, Missouri, but only upon the written request of the NAIC. The annual statements should be signed by officers of the company as required by applicable Missouri law. (B) Each entity, whether foreign or domestic, shall file electronically all annual statement information with the NAIC’s office in Kansas City, Missouri. The electronic filing shall be prepared under the NAIC’s guidelines. (2) Each health services corporation, HMO, stock or mutual life insurance company, assessment or stipulated premium plan life insurance company, fraternal benefit society, stock or mutual insurance company other than life, Chapter 383 assessment company, and reciprocal and eligible surplus lines insurer shall file, in addition to the sworn annual statement required in section (1), three (3) quarterly statements for its business and affairs for the quarters ending, respectively, the next previous March 31, June 30 and September 30, in accordance with the NAIC Quarterly Statement Blank and the instructions for it, or in accordance with any other forms as the director expressly permits to the entity. (A) For entities domiciled in Missouri, one (1) signed original and one (1) hard copy of each quarterly statement shall be filed with the Missouri department’s office in Jefferson City and one (1) hard copy shall be filed with the NAIC’s Kansas City office; provided, however, that for domiciled companies doing business in seventeen (17) or more states, for life and health insurers writing fifty (50) million dollars or more in gross premium, and for property and casualty insurers writing thirty (30) million dollars or more in gross premium, an additional hard copy also shall be filed with the NAIC’s office in Kansas City, Missouri, but only upon the written request of the NAIC. The quarterly statements should be signed by three (3) officers of the company. (B) Each entity, whether foreign or domestic, shall file electronically all quarterly statement information with the NAIC’s office in Kansas City, Missouri. The electronic filing shall be prepared under the NAIC’s guidelines. (3) To the extent a hard copy is required by this rule to be filed with the Missouri Department of Commerce and Insurance, such filings for the respective quarters shall be mailed on or before May 15, August 15, and November 15 of each year. (4) This rule will apply to filing of the annual and quarterly statements and electronic filings beginning with the year ending December 31, 1992, to be filed by March 1, 1993, as well as all future years. AUTHORITY: sections 354.120, 354.723, and 380.561, RSMo 2000 and sections 354.485 and 374.045, RSMo Supp. 2010.* This rule was previously filed as 4 CSR 19011.180. Original rule filed Sept. 2, 1988, effective Jan. 1, 1989. Amended: Filed Jan. 3, 1990, effective May 1, 1990. Amended: Filed May 21, 1990, effective Sept. 28, 1990. Amended: Filed Oct. 31, 1990, effective March 14, 1991. Amended: Filed April 29, 1992, effective Dec. 3, 1992. Amended: Filed Aug. 4, 1992, effective May 6, 1993. Amended: Filed June 14, 1994, effective Dec. 30, 1994. Amended: Filed June 14, 2001, effective Dec. 30, 2001. Amended: Filed Aug. 29, 2003, effective Feb. 29, 2004. Amended: Filed Dec. 15, 2005, effective June 30, 2006. Amended: Filed July 15, 2009, effective Feb. 28, 2010. Amended: Filed Feb. 14, 2011, effective Aug. 30, 2011. Non-substantive change filed Sept. 11, 2019, published Oct. 31, 2019. *Original authority: 354.120, RSMo 1973, amended 1983, 1993, 1995; 354.485, RSMo 1983, amended 2007; 354.723, RSMo 1987; 374.045, RSMo 1967, amended 1993, 1995, 2008; and 380.561, RSMo 1984, amended 1993, 1995.