NCIUA Member Co. Homeowners Report

Number 22-B-05 TO: ALL PROPERTY & CASUALTY INSURERS WRITING HOMEOWNERS INSURANCE COVERAGE IN NORTH CAROLINA FROM: PROPERTY AND CASUALTY DIVISION DATE: FEBRUARY 21, 2022 SUBJECT: 2021 NCIUA MEMBER COMPANY ANNUAL HOMEOWNERS REPORT The purpose of this bulletin is to inform your company of the annual Homeowners reporting requirements called for under NCGS §58-45-71. Each member company of the North Carolina Insurance Underwriting Association is required to report annually to the Commissioner information regarding their homeowners policy writings, including homeowners wind and hail, in the beach and coastal areas. Only companies that have data to report must complete this data call. The Data Call developed by the North Carolina Department of Insurance (NCDOI) is required by the aforementioned statute to be submitted to the NCDOI no later than February 1, 2022. Given the delay in the issuance of this bulletin, NCDOI will accept the submission of data by April 20, 2022. Any company that has not submitted data by April 20, 2022 will be out of compliance and may be subject to regulatory penalty. For the instructions and forms, please access the following link on the Department’s website: https://www.ncdoi.gov/insurance-industry/data-calls#beach-and-coastal-areahomeowners-data-call Please make no modifications to the excel file XXXXX_2021_NCHomeownersCoverageInTheBeachAndCoastalArea.xlsx, except to input data. If you have questions concerning this bulletin, please submit via email to DataCall@ncdoi.gov.