Tenn. Comp. R. & Regs. 0780-01-37-.07 - INSTRUCTIONS FOR COMPLETION OF QUARTERLY FINANCIAL STATEMENTS

(1) In addition to annual statements required by T.C.A. § 56-1-501, all insurers and/or companies enumerated in T.CA. § 56-1-501(b), 56-44-102, or otherwise required by law to file annual statements are also required to file financial statements on a quarterly basis. Such quarterly statements must be filed on May 15, August 15, and November 15 of each year. Foreign insurers and/or companies shall, unless requested by the commissioner, file their quarterly statements with the NAIC in lieu of filing such statements with the commissioner.

(2) All insurers and/or companies enumerated in T.C.A. § 56-1-501(b), 56-44-102 or otherwise required by law to file such annual statements must use the following Quarterly Financial Statement forms adopted by the NAIC, as amended from time to time:

(a) Life and Accident and Health Quarterly Statement Blank;

(b) Property and Casualty Quarterly Statement Blank;

(c) Title Quarterly Statement Blank;

(d) Fraternal Quarterly Statement Blank; and

(e) Health Quarterly Statement Blank.

(3) Insurers and/or companies are required to use any quarterly statement form adopted by the NAIC for any other lines or types of insurance business that may be applicable to companies licensed and operating in this State.

(4) Health maintenance organizations required to file annual reports pursuant to T.C.A. § 56-32-108 shall also file a quarterly financial statement on the quarterly statement form adopted by the NAIC for health maintenance organizations. Such quarterly statements must be filed on May 15, August 15, and November 15 of each year.

Notes

Tenn. Comp. R. & Regs. 0780-01-37-.07

Original rule filed April 15, 2009; effective June 29, 2009.

Authority: T.C.A. §§ 56-1-501, 56-2-301, 56-32-108, 56-32-118, and 56-44-102(a)(1).