NH Insurance Department Bulletin INS 20-022-AB

Title 37 Financial Regulation Filing Requirements through May 31, 2020 during COVID-19 Pandemic

Year: 2020Length: 414 wordsOfficial source
The State of New Hampshire Insurance Department 21 South Fruit Street, Suite 14 Concord, NH 03301 (603) 271-2261 Fax (603) 271-1406 TDD Access: Relay NH 1-800-735-2964 Christopher Nicolopoulos Commissioner Alexander K. Feldvebel Deputy Commissioner Bulletin Docket No.: 20-022-AB TO: All Domestic & Foreign Companies FROM: Commissioner Christopher R. Nicolopoulos, Esq. C.,fJ..JJ . DATE: March 26, 2020 RE: Title 37 Financial Regulation Filing Requirements through May 31, 2020 during COVID-19 Pandemic Due to the current Covid-19 state of emergency, the New Hampshire Insurance Department is releasing the following guidance to companies required to file financial statements pursuant to RSA 400-A:36 or RSA 401-B:4. A. Financial Statement Filings Pursuant to RSA 400-A:36 Domestic Companies 2019 Annual Filings (due 4/1/2020) The New Hampshire Insurance Department will accept electronic filing of the April 1st filings via email. The date of the receipt will be the date of the electronic filing for statutory compliance. Please follow-up with the hardcopy filing when normal business resumes. Email to: patricia.gosselin@ins.nh.gov First Quarter Filings (due 5/15/2020) The New Hampshire Insurance Department will accept electronic filing of the May 15th filings via email. The date of the receipt will be the date of the electronic filing for statutory compliance. Please follow-up with the hardcopy filing when normal business resumes. Email to: patricia.gosselin@-ins.nh.gov Foreign Companies Continue to send your April 1st Annual Statement filings and May 15th First Quarter Statement filing in accordance with the NAIC guidance for submission through the NAIC's portal. For filings other than the normal electronic filing submissions that require wet signature, an electronic signature will be accepted during this time and original signatures can be provided when normal business resumes. B. Holding Company Filings Pursuant to RSA 401-B:4 Domestic Companies Pursuant to RSA 401-B:4, I (b), for "good cause" the Commissioner can extend the deadline for insurers that are subject to RSA 401-B:4, I (a) requirements. In light of the current state of emergency, good cause exists to extend this deadline. As a result, the New Hampshire Insurance Department grants the following extensions: 2019 Form B -Annual Registration Statement deadline, pursuant to RSA 401-B, from May 1 to August 1, 2020 2019 Form C - Summary of Annual Registration Statement deadline, pursuant to RSA 401-B, from May 1 to August 1, 2020 2019 Form F-Enterprise Risk Management deadline, pursuant to RSA 401-B, from May 1 to August 1, 2020 Updates as to future financial regulation filings will be provided, as needed. Please check the Department's website for future updates. 2
NH Insurance Department Bulletin INS 20-022-AB: Title 37 Financial Regulation Filing Requirements through May 31, 2020 during COVID-19 Pandemic | Justis AI