Compliance with the Auto Accident Reparations Act, N.D.C.C. Ch. 26.1-41

[LOGO] DEPARTMENT OF INSURANCE STATE OF NORTH DAKOTA Glenn Pomeroy Commissioner of Insurance # BULLETIN 98-2 TO: All Insurance Companies Licensed to Market Automobile Insurance in North Dakota FROM: Glenn Pomeroy, Commissioner DATE: May 27, 1998 Glenn Pomeroy SUBJECT: Compliance with the Auto Accident Reparations Act, N.D. Cent. Code Ch. 26.1-41 # SCOPE AND APPLICABILITY This bulletin pertains to all insurance companies authorized to sell motor vehicle liability insurance in this state. The purpose of this bulletin is to inform insurance companies of a filing requirement of the Auto Accident Reparations Act and to bring these companies into compliance with that filing requirement. # FILING REQUIREMENT The Auto Accident Reparations Act ("the Act") requires every insurance company authorized to transact motor vehicle liability insurance in this state to file with the Commissioner of Insurance a form declaring that its motor vehicle liability insurance policies, wherever issued, are deemed to provide the security required by the Act whenever a motor vehicle insured by such a policy is operated in this state. N.D. Cent. Code § 26.1-41-05(2). Most companies have not made the required filing. The North Dakota Insurance Department ("the Department") has developed a standard form for companies to use in making a filing under N.D. Cent. Code § 26.1-41-05(2). Attached to this Bulletin is SFN 51663, Declaration of Compliance With the Auto Accident Reparations Act. An officer of each insurance company receiving this bulletin must sign and return the declaration to come into compliance with the Act. The filing of SFN 51663 is a condition of every company's continued transaction of motor vehicle liability insurance in this state. The Department requests that every company licensed to sell motor vehicle liability insurance respond to this bulletin by July 1, 1998. Failure to file a signed SFN 51663 may subject a company's license to transact motor vehicle liability insurance in this state to administrative action. GP/njb Attachment 600 EAST BOULEVARD • BISMARCK, ND 58505 • (701) 328-2440 Consumer Hotline: 1-800-247-0560 Relay North Dakota 1-800-366-6888 (TTY) [LOGO] NORTH DAKOTA DEPARTMENT OF INSURANCE Declaration of Compliance With the Auto Accident Reparations Act SFN 51663 (5/98) | Company Name | Cocode | | --- | --- | | Address | | | City, State, Zip | | WHEREAS, N.D. Cent. Code § 26.1-41-05(2) of the Auto Accident Reparations Act requires every insurer authorized to transact the business of motor vehicle liability insurance in this state to file with the North Dakota Commissioner of Insurance, as a condition of its continued transaction of business in the state, a form declaring that its motor vehicle liability policies, wherever issued, are deemed to provide the security required by the Auto Accident Reparations Act when the motor vehicle is operated in North Dakota. Any nonadmitted insurer may also file this form. ACCORDINGLY, I hereby attest and declare that: 1. I am an officer of the above-referenced company duly authorized to act on its behalf. 2. The above-referenced company is an insurer which is authorized to transact the business of motor vehicle liability insurance in North Dakota. 3. The motor vehicle liability policies of the above-referenced company, wherever issued, will provide security as required by the Auto Accident Reparations Act, N.D. Cent. Code Chapter 26.1-41, for any insured motor vehicle while the vehicle is operated in the State of North Dakota. Company Representative Title Subscribed and sworn to before me this ____ day of ____, 1998. Notary Public My Commission Expires: