Supplemental Annual Filing Requirements

PURPOSE: This rule prescribes the use of supplemental forms to be filed by either fire and casualty insurers or life, accident and health insurers. These forms will take the socalled state page data currently required under the National Association of Insurance Commissioners’ requirements and break this data down into more specific classes for the various different type of policies written. This rule aids in the interpretation of sections 376.350 and 379.105, RSMo. PUBLISHER’S NOTE: The secretary of state has determined that the publication of the entire text of the material which is incorporated by reference as a portion of this rule would be unduly cumbersome or expensive. Therefore, the material which is so incorporated is on file with the agency who filed this rule, and with the Office of the Secretary of State. Any interested person may view this material at either agency’s headquarters or the same will be made available at the Office of the Secretary of State at a cost not to exceed actual cost of copy reproduction. The entire text of the rule is printed here. This note refers only to the incorporated by reference material. (1) In addition to the financial statement and diskette filing requirements set forth in 20 CSR 200-1.030, entities issued a Certificate of Authority with the Missouri Department of Commerce and Insurance, as part of their Annual Statement, also shall file supplemental forms as follows: (A) Those insurers filing in accordance with the accounting standards or principles approved by the National Association of Insurance Commissioners’ (NAIC) and published in the Accounting Practices and Procedures Manual for Fire and Casualty Insurance Companies shall also file the form set forth in Appendix A of this rule; and (B) Those insurers filing in accordance with the accounting standards or principles approved by the NAIC and published in the Accounting Practices and Procedures Manual for Life and Accident and Health Insurance Companies shall also file the form set forth in Appendix B of this rule. (2) The Supplemental Compensation Exhibit must include all types of compensation received by top executives, including stock options. Compensation information must be reported for top executives of all companies, including non-insurance entities, within an insurance group, or in a holding company system. Compensation information should be reported on a total gross basis for each individual for whom compensation information is reported. (3) Future modifications to these supplemental filing requirements shall be specified by the Missouri Department of Commerce and Insurance by bulletin sent to the individual insurers affected, accompanied by the appropriate forms, as modified. AUTHORITY: sections 374.040, RSMo 1994 and 374.045, RSMo Supp 1997.* Original rule filed April 5, 1994, effective Nov. 30, 1994. Rescinded and readopted: Filed Feb. 1, 1995, effective Sept. 30, 1995. Amended: Filed Nov. 23, 1998, effective July 30, 1999. Non-substantive change filed Sept. 11, 2019, published Oct. 31, 2019. *Original authority: 374.040, RSMo 1939, amended 1967 and 374.045, RSMo 1967, amended 1993, 1995.