| and the Actuarial Opinion Summary is
due on or before April 15.
(6) An insurer that files an application with the department
for approval of a policyholder dividend must file an Analysis of Surplus
(Texas Edition) for property and casualty insurers with the application.
(k) Requirements for fraternal benefit societies. Each
domestic fraternal benefit society must complete and file the blanks,
forms, and electronic filings as described in subsection (f) of this
section and this subsection. Each foreign fraternal benefit society
must complete and file the blanks, forms, and electronic filings as
described in subsection (h) of this section and this subsection. The
electronic data filings with the NAIC must be completed and filed
in accordance with the NAIC data specifications and instructions and
must include PDF format filing. Domestic insurers or other regulated
entities described in this subsection and foreign insurers or other
regulated entities described in this subsection must prepare and file
the reports and forms specified in subsections (f) and (h) of this
section, respectively, with the following exceptions or additional
filings:
(1) a separate accounts annual statement (required
of companies maintaining separate accounts), in paper copy with the
department and electronically with the NAIC, due on or before March
1 for the preceding year ending December 31.
(2) The Statement of Actuarial Opinion required under
subsections (f)(4) and (h)(1) of this section must be prepared in
accordance with the following:
(A) The Statement of Actuarial Opinion, attached to
the Fraternal Annual Statement, must follow the applicable provisions
of §§3.1601 - 3.1608 of this title, except for companies
exempted from the asset adequacy analysis pursuant to §3.1608
of this title. For those companies exempted from the asset adequacy
analysis pursuant to §3.1608 of this title, the format provided
by instructions 1 - 12 of the NAIC Fraternal Annual Statement Instructions
must be followed; and
(B) Any company required by §3.4505(b)(3)(G) of
this title to opine on the application of X factors, shall attach
this opinion to the NAIC Fraternal Annual Statement, as applicable.
(l) Requirements for title insurers. Each domestic
title insurance company must complete and file the blanks, forms,
and electronic filings as described in subsection (f) of this section
and this subsection. Each foreign title insurance company must complete
and file the blanks, forms, and electronic filings as described in
subsection (h) of this section and this subsection. The electronic
filings with the NAIC must be completed and filed in accordance with
the NAIC data specifications and instructions and must include PDF
format filing.
(m) Requirements for health maintenance organizations.
Each domestic health maintenance organization licensed pursuant to
the Insurance Code Chapter 843 and each insurer that is subject to
life insurance statutes and is permitted or allowed to do the business
of health maintenance organizations must complete and file the following
blanks, forms, and electronic filings as described in subsection (f)
of this section and this subsection. Each foreign health maintenance
organization licensed pursuant to the Insurance Code Chapter 843 and
each foreign insurer that is subject to life insurance statutes and
is permitted or allowed to do the business of health maintenance organizations
must complete and file the following blanks, forms, and electronic
filings as described in subsection (g) of this section and this subsection.
The electronic filings with the NAIC must be completed and filed in
accordance with NAIC data specifications and instructions and must
include PDF format filing. The Texas specific electronic filings regarding
HMO data requested by the department must be completed and filed in
accordance with the instructions provided by the department. Domestic
health maintenance organizations and insurers described in this section
and foreign health maintenance organizations and insurers described
in this section must prepare and file the reports and forms specified
in subsections (f) and (g) of this section, respectively, with the
following additional filings:
(1) with each quarterly statement filing with the department
and the NAIC, include an up-to-date and completed Schedule E, Part
3 - Special Deposits, utilizing the format from the Health Annual
Statement;
(2) a Texas HMO Supplement Annual (Texas Edition),
in paper copy and electronically only with the department, due on
or before March 1, containing annual data for the preceding year ending
December 31, to be completed according to the instructions provided
by the department; and
(3) a Texas HMO Supplement Quarterly (Texas Edition),
due on or before May 15, August 15, and November 15, in paper copy
and electronically only with the department, containing quarterly
statement data, to be completed according to the instructions provided
by the department.
(n) Requirements for farm mutual insurers not subject
to the provisions of subsection (j) of this section. Farm mutual insurance
companies not subject to subsection (j) of this section annually must
complete and file the following blanks and forms with the department
only, on or before March 1 for the preceding year ending December
31:
(1) Annual Statement (Texas Edition);
(2) Texas Overhead Assessment Exemption Form (Texas
Edition). This form is to be filed only by domestic insurance companies
that have qualified pension contracts under the Insurance Code §401.151;
otherwise, this form should not be filed; and
(3) Statement of Actuarial Opinion, unless exempted
under §7.31 of this subchapter (relating to Annual Statement
Instructions for Farm Mutual Insurance Companies).
(o) Requirements for statewide mutual assessment associations,
local mutual aid associations, mutual burial associations, and exempt
associations. Each statewide mutual assessment association, local
mutual aid association, mutual burial association, and exempt association
must complete and file the following blanks and forms with the department
only, on or before April 1 for the preceding year ending December
31:
(1) Annual Statement (Texas Edition) (exempt companies
are required to complete all pages except lines 22, 23, 24, 25, and
26 on page 3, the special instructions at the bottom of page 3, and
pages 4 - 7);
(2) Texas Overhead Assessment Exemption Form (Texas
Edition). This form is to be filed only by domestic insurance companies
that have qualified pension contracts under the Insurance Code §401.151;
otherwise, this form should not be filed;
(3) Release of Contributions Form (Texas Edition);
(4) 3-1/2 Percent Chamberlain Reserve Table (Reserve
Valuation) (Texas Edition);
(5) Reserve Summary (1956 Chamberlain Table 3-1/2 Percent)
(Texas Edition);
(6) Inventory of Insurance in Force by Age of Issue
or Reserving Year (Texas Edition); and
(7) Summary of Inventory of Insurance in Force by Age
and Calculation of Net Premiums (Texas Edition).
(p) Requirements for nonprofit legal service corporations.
Each nonprofit legal service corporation doing business as authorized
by a certificate of authority issued under the Insurance Code Chapter
961 annually must complete and file with the department only the following
blanks and forms for the preceding year ending December 31. An actuarial
opinion is not required. The following forms are to be filed on or
before March 1:
(1) Annual Statement (Texas Edition); and
(2) Texas Overhead Assessment Exemption Form (Texas
Edition). This form is to be filed only by domestic insurance companies
that have qualified pension contracts under the Insurance Code §401.151;
otherwise, this form should not be filed.
(q) Requirements for Mexican casualty insurance companies.
Each Mexican casualty insurance company doing business as authorized
by a certificate of authority issued under the Insurance Code Chapter
984, annually must complete and file the following blanks and forms
with the department only for the preceding year ending December 31.
All submissions must be printed or typed in English and all monetary
values must be clearly designated in United States dollars. The form
identified in paragraph (1) of this subsection must be completed to
the extent specified in paragraph (1) of this subsection and in accordance
with the latest edition of the property and casualty annual statement
instructions adopted by the NAIC. An actuarial opinion is not required.
It is the express intent of this subsection that it shall not repeal
or otherwise modify or amend any department rule or the Insurance
Code. The following blanks or forms are to be filed on or before March
1:
(1) an annual statement using the latest edition of
the property and casualty annual statement blank adopted by the NAIC;
provided, however, only pages 1 - 4, and 104 (Schedule T) are required
to be completed;
Cont'd... |
