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This week's tip clarifies the current status of automatic calculations in the new SERFF platform. At the current time, filings that require actuarial review are not set to auto-calculate Compact or state fees.

Beginning January 1, 2019, the Compact is running an Expedited Review Process pilot program. What does this mean for filers? In this Weekly Tip, we will explain some of the basics and show you where to find additional information.

The Insurance Compact has a specific filing type, Supporting Documentation Update (SDU), to be used to accommodate certain updates to Compact approved filings.

The Compact often receives filings that reflect incorrect TOIs or Filing Type.

On December 12, 2021, the Insurance Compact held its Annual Meeting in San Diego, CA. This week's tip covers the key outcomes of the meeting.

Uniform Standards Update:

On Monday, July 10^th, filers will become able to file using two new specialized Individual Disability Income (IDI) Uniform Standards - Individual Disability Income Key Person Replacement Insurance Policy Standards and Individual Disability Income Buy Sell Insurance Policy Standards.

As we head into 2021, the Compact Review Team wanted to take a few minutes to provide you with an update on the status of the Expedited Review program and a few end of year reminders.

On July 1, 2023, the Product Standards Committee (PSC) will commence its Uniform Standards development prioritization process for 2024.

Did you notice the Compact Office published Filing Information Notice (FIN) 2024-1 pertaining to the Trade Secret process earlier this week? FIN 2024-1 details how filers may request a Trade Secret treatment for certain information submitted in a Product Filing to the Compact.

We have a great session this week that is perfect for those who are new or unfamiliar with the Compact and its role as an arm of Compacting States. There is no charge to attend any webinar in this series.

Best Practices: Supporting Documentation  

The Insurance Compact Management Committee and Commission met in New York City on August 2nd. Wondering what new developments came out of the meeting? Read on!