NY Insurance Circular Letter No. 6 (1979)

Annual statement filing procedures. (See also CL 12 (1979) on this listing).

RescindedYear: 1979Length: 262 wordsOfficial source
January 24, 1979 SUBJECT: INSURANCE Circular Letter NO. 6 (1979) WITHDRAWN TO: ALL NEW YORK LICENSED INSURERS AND ACCREDITED REINSURERS RE: ANNUAL STATEMENT FILING PROCEDURES The Department recently reviewed its filing procedures for the annual financial statement required by Section 26 of the New York Insurance Law. The review disclosed a number of recurrent problems causing delay and expense to the Department, which must publish and submit reports to the Legislature in a timely fashion based on the annual statements. The resolution of these problems usually necessitates detailed correspondence and telephone calls with the carriers. As a result of the review and subsequent conferences with the various Departmental Bureaus, the filing of the following forms is no longer required: a) All Companies Writing Accident and Health Insurance - Form 271F - Exhibit of Policies or Contracts Subject to Insurance Law Sections 164(6) or 253(1) b) Accredited Life Reinsurers - Form 271D - A & H Policy Experience Exhibit Form 271E - Credit Life and A & H Exhibit Form 271EL - Credit Life Statistical Report c) Accredited Fire and Casualty Reinsurers - Form 271D - A & H Policy Experience Exhibit Form 271E - Credit Life and A & H Exhibit When filing your annual financial statement, special attention should be paid to the following problem areas: 1) Mailing Address: All annual statements, attachments, amendments, and related correspondence should be sent to: STATISTICS UNIT NEW YORK INSURANCE DEPT. EMPIRE STATE PLAZA - AGENCY # 1 ALBANY, NY 12257 Quarterly forms should be sent to the address shown on the form's cover page.
NY Insurance Circular Letter No. 6 (1979): Annual statement filing procedures. (See also CL 12 (1979) on this listing). | Justis AI