TN Insurance Bulletin (2009-12-15)

TN Insurance Bulletin (2009-12-15): Commerce and Insurance Will Immediately Begin Accepting Documents and Notices Submitted On Behalf of Insurance Providers Through the NAIC/NIPR Attachments Warehouse

Year: 2009Length: 392 wordsOfficial source
[LOGO] STATE OF TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE 500 JAMES ROBERTSON PARKWAY NASHVILLE, TENNESSEE 37243-5065 615-741-6007 PHIL BREDESEN GOVERNOR LESLIE A. NEWMAN COMMISSIONER # BULLETIN TO: All Insurance Companies and Producers Licensed in Tennessee FR: Leslie A. Newman, Commissioner Department of Commerce and Insurance Leslie A Newman RE: Attachments Warehouse for Reporting of Actions DT: December 15, 2009 The purpose of this bulletin is to advise all insurance companies and insurance producers transacting business in Tennessee that the Department of Commerce and Insurance, Insurance Division ("Insurance Division") will immediately begin to accept documents and notices submitted on behalf of insurance producers through the NAIC/NIPR Attachments Warehouse, which will allow for the electronic filing of insurance producer licensing related documents. ## Attachments Warehouse The Attachments Warehouse is a secure regulatory database which electronically receives, stores, and shares licensing documents with the States that are submitted with respect to applications and/or renewals of insurance producer licenses through the National Insurance Producer Registry (NIPR), a non-profit affiliate of the National Association of Insurance Commissioners (NAIC). If additional information in the form of documentation is required by the Insurance Division with respect to an individual producer licensing transaction, this documentation may be submitted via the Attachments Warehouse. ## Notification and Reporting of Actions The Attachments Warehouse may be used to allow insurance producers to satisfy their regulatory requirements for the notification and reporting of administrative and criminal actions to the insurance commissioner pursuant to All Insurance Companies and Producers Licensed in Tennessee December 15, 2009 Page 2 of 2 Tennessee Code Annotated ("T.C.A.") § 56-6-119. Insurance producers may send the required notification and documents to the Attachments Warehouse electronically in lieu of faxing or mailing to the Producer Licensing Section of the Division. Tennessee is now accepting the electronic notification and reporting of actions submitted electronically to the Attachments Warehouse and will recognize that the reporting of the action to the Warehouse, the subsequent e-mail alert to the Insurance Division, and the state's ability to retrieve, review and download that attachment shall satisfy the statutory requirements of the producer to notify and report the action to the Insurance Division. ## Effective Date This bulletin shall take immediate effect. ## Questions For further information regarding the use of the Attachment Warehouse, please contact Brenda Sechler at (615) 741-2693 or visit the NIPR website at www.nipr.com. LAN/lnw
TN Insurance Bulletin (2009-12-15): TN Insurance Bulletin (2009-12-15): Commerce and Insurance Will Immediately Begin Accepting Documents and Notices Submitted On Behalf of Insurance Providers Through the NAIC/NIPR Attachments Warehouse | Justis AI