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