NY Insurance Circular Letter No. 12 (1981)

Reports and Data Specifications on Agents and Brokers.

Year: 1981Length: 350 wordsOfficial source
April 21, 1981 SUBJECT: INSURANCE Circular Letter No. 12 (1981) TO: ALL INSURERS LICENSED TO WRITE PRIVATE PASSENGER AUTOMOBILE AND FIRE OR FIRE AND EXTENDED COVERAGE INSURANCE POLICIES WHO ARE SUBJECT TO THE REPORTING REQUIREMENTS OF INSURANCE DEPARTMENT REGULATION NO. 90 (11 NYCRR 218) "PROHIBITION OF GEOGRAPHICAL REDLINING." RE: REPORTS AND DATA SPECIFICATIONS ON AGENTS AND BROKERS Circular Letter No. 3 (1980), dated February 14, 1980 (copy) attached), contains instructions and data specifications for the reports required by Regulation 90 (11 NYCRR 218). Your attention is directed to page 2 thereof quoting a portion of Regulation 90 (11 NYCRR 218.7(a)) in relation to maintaining records of agents and brokers and to the balance of the quoted provisions relating to maintenance and filing of reports thereon with the Insurance Department. Data specifications were furnished in Circular Letter No. 3 (1980) with respect to business written, but the Department did not furnish the format for filing information on agents and brokers. The following will be acceptable to the Department for filing this information: [Name of Insurer & NAIC No.] AGENTS & BROKERS - 8/1/79-12/31/80 I II III IV V No. of No. of No. of Agents Agents Agents & No. of & Brokers No. of & Brokers Brokers Agents & Terminated Agents & Terminated Added Brokers 8/1/79- Brokers as 1/1/80- 1/1/80- as of 12/31/79 of 1/1/80 12/31/80 12/31/80 12/31/80 [ILLEGIBLE WORDS] Code No. For annual periods commencing January 1, 1981 and thereafter, column I should be eliminated and columns II through V should be renumbered as I - IV and appropriately dated, e.g., "No. of Agents and Brokers as of 1/1/81," 1/1/82, etc. Since the foregoing was not previously furnished, the Department hereby extends the time for filing of the Agents" and Brokers" Report to June 1, 1981. Insurers are reminded that all other information specified in Circular Letter No. 3 (1980) must be furnished by May 1, 1981. Reports should be directed to: New York State Insurance Department Data Processing Bureau 30th Floor 2 World Trade Center New York, N.Y. 10047 Very truly yours, [SIGNATURE] Albert B. Lewis Superintendent of Insurance
NY Insurance Circular Letter No. 12 (1981): Reports and Data Specifications on Agents and Brokers. | Justis AI