Property & Casualty Filing Requirements

Terrorism Risk Insurance Forms and Pricing

In light of the recent passage by both the US House and Senate of H.R. 26 (Terrorism Risk Insurance Program Reauthorization Act of 2015) and to facilitate expedited review of TRIA filings, please use the “Expedited SERFF Filing Transmittal Document for Terrorism Risk Insurance Forms and Pricing” form. Filers should include the phrase “TRIA2015” in the Product Name field.

Checklist

The checklist applies to all Property and Casualty filings. It is intended to help you through the filing process by listing the necessary elements of the filing packet. In order to pass to the next stage of review by an analyst, your submission must comply with instructions below for inclusions and compliance.
To ensure compliance, please review the contents of Regulation I-2010-03: Property & Casualty Insurance Filing Procedures and Reporting Requirements.

Explanatory Memorandum
This should provide details and supporting documentation with respect to the filed materials. Also, with respect to form filings, an index of the forms being filed should be provided.

Filing Fee
Each rate, rule and form filing (or any combination) must be accompanied by a non-refundable fee of $50.00 or the retaliatory fee whichever is greater. For rating, advisory or service organizations a non-refundable fee of $150.00. 

For Forms
Any Necessary Vermont Amendatory Endorsements and Side-by-Side comparison of changes as required (also see the references to these areas in the "Forms" section of the P&C General Review Guidelines below), per Regulation I-2010-03.

For Rates
Supporting actuarial and company financial data are required as well as the Vermont Reference Filing Adoption Form and Summary of Supporting Information contained in Bulletin 99 (PDF). See also "Rates" section of P&C General Review Guidelines.

Additional Points

Common Causes for Review Delays
You can review a list of the most common reasons why a review can be delayed here.