Publication Date
2022-05-27
effective date
2022-07-08
jurisdiction
Texas 2021 Disallowed Expenses Data Call
A mandatory "disallowed expenses" data call for the 2021 calendar year was issued by Texas. This call applies to licensed companies that wrote premium for: fire, allied lines, private crop, farm owners multiple peril, homeowners multiple peril, commercial multiple peril, inland marine, medical malpractice, other general liability, products liability, private passenger automobile, commercial automobile, fidelity, or surety. The document must be filled out and returned by July 8.
After completing the Excel form, save the file using the following naming convention: - For group filings, enter the file name as GRP # DER2021.xlsx. For example, "GRP [1234] DER2021.xlsx". - For individual company filings, enter the group number as "0" followed by the five-digit NAIC company number. For example, "GRP 0 [12345] DER2021.xlsx". See the link for the original announcemcent.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
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