Ill. Admin. Code tit. 50, § 2902.40 - Manual Filings

Current through Register Vol. 46, No. 15, April 8, 2022

a Manual filing requirements can be met either by a company making a direct filing on its own behalf or a company authorizing a rating organization of which it is a member or subscriber to make the filing on the company's behalf.
1 If the filing is made by a rating organization, the rating organization shall indicate whether it will require its members and subscribers to adhere to the filing. If the rating organization does not require adherence to the filing, the members and subscribers shall notify the Department if they are adopting the Rating Organization filing or, if they do not intend to adopt the filing, they shall notify the Department within 30 days after the first of the year.
2 A company that does not adopt a rule or rule change filed by its rating organization or submitting a direct filing on its own behalf must file:
A Manual size exception pages;
B The manual rule number, which must be the same as the rule number being replaced; and
C The effective date of use.
3 A company shall submit a complete up-to-date manual upon request. The company shall also identify the tracking number of a particular section of the manual upon request.
b All manual filings must include:
1 The name of the rating organization or company making the filing;
2 Identification of the rule with the manual to which it applies;
3 Notification as to whether the filing is new or supersedes a present filing. Identification of all superseded filings as well as identification of all changes from the superseded filings is required; and
4 The effective date of use.
c Companies under the same ownership or general management may submit multiple company rate filings under the same SERFF tracking number.

Notes

Ill. Admin. Code tit. 50, § 2902.40
Amended at 38 Ill. Reg. 21484, effective 10/31/2014

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