More States to Require SERFF

During the Sunday meeting of the Operational Efficiencies Working Group, the announcement was made that Minnesota, Rhode Island, and the District of Columbia intend to require filings through the NAIC’s System for Electronic Rate and Form Filing. However, an effective date for those filing requirements was not announced.

"NAMIC is hopeful that the jurisdictions preparing to launch mandatory filing through SERFF will give insurers adequate lead time in order to handle systems and training needs," said Marsha Harrison, NAMIC's regulatory affairs manager.

Other states that have recently opted for mandatory use of SERFF for filings include Alabama, Georgia (property/casualty filings), South Dakota, and Iowa.

Direct questions to NAMIC's Regulatory Affairs Manager Marsha Harrison.

Posted: Monday, June 11, 2007 12:00:00 AM. Modified: Monday, June 11, 2007 1:15:15 PM.

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We are 1,400 property/casualty insurance companies serving more than 135 million auto, home and business policyholders, with more than $196 billion in premiums accounting for 50 percent of the automobile/homeowners market and 31 percent of the business insurance market. We are the largest and most diverse property/casualty trade association in the country, with regional and local mutual insurance companies on main streets across America joining many of the country’s largest national insurers who also call NAMIC their home. More than 200,000 people are employed by NAMIC members.