All Licensed Property and Casualty Insurers in Illinois Rating Organizations, Advisory Organizations, and Authorized Filers : Mandatory Submission of Property and Casualty Form and Rate/Rule Filings Via NAIC/SERFF

Illinois Department of Insurance

PAT QUINN

ANDREW R. STOLFI

Governor

Acting Director

TO:

ALL LICENSED PROPERTY & CASUALTY INSURERS IN ILLINOIS

RATING ORGANIZATIONS, ADVISORY ORGANIZATIONS AND

AUTHORIZED FILERS

FROM:

ANDREW R. STOLFI, ACTING DIRECTOR OF INSURANCE/~3

DATE:

NOVEMBER 8, 2011

RE:

BULLETIN #201 1-14

MANDATORY SUBMISSION OF PROPERTY AND CASUALTY FORM

AND RATE/RULE FILINGS VIA NAIC/SERFF

REPLY TO:

For form and/or rate/rule filing questions, please e-mail:

John Gatlin - P&C Compliance Unit —-john.gatlin~illinois.gov

As amended by P.A. 97-486, Section 143(2) of the Illinois Insurance Code (Code) requires that every

company transacting the kinds ofbusiness enumerated in Classes 2 (except Class 2a) and 3 of Section 4

file with the Director all policy forms, and any generally used riders, endorsements, certificates,

application blanks, and other matter incorporated by reference in any such policy or contract of

insurance, either through the NAIC’s System for Electronic Rate and Form Filing (SERFF) or as

otherwise prescribed by the Director. The vast majority ofproperty and casualty insurers already submit

their insurance policy form filings to the Department using SERFF, and it has been the experience ofthe

Department that the standardized SERFF system facilitates and expedites the policy form review process

through its user-friendly interface and improved communication and storage capabilities. Accordingly,

pursuant to Section 143(2) of the Code, effective January 1, 2012, all property and casualty form and

rate/rule filings and their related manuals shall be submitted to the Department electronically using

SERFF.

When a rate/rule and manual filing is submitted on or after the effective date of this bulletin, only new

and revised manual pages will subsequently be required.

However, the filing reviewer for the

Department may request that the entire manual or portions thereof be provided to assist with the filing

review, or to ensure continued compliance

submitted to the Department electronically using

SERFF.

When a rate/rule and manual filing is submitted on or after the effective date of this bulletin, only new

and revised manual pages will subsequently be required.

However, the filing reviewer for the

Department may request that the entire manual or portions thereof be provided to assist with the filing

review, or to ensure continued compliance.

Anyone interested in SERFF’s services may contact the SERFF Marketing Team by telephone

at 816-783-8787 or by e-mail at serif

kt

aicj~g. General information about SERFF can be found

on their website at ~jfl//www~erffo~g/.

320 West Washington St.

Springfield, Illinois 62767-00() I

(217)782-4515