Another state is ordering insurers to stop sending rate and form filings in on paper.
The Rhode Island Insurance Division wants any insurers that are still submitting filings on paper to sign up using the System for Electronic Rate and Form Filing, Kansas City, Mo., Rhode Island officials say in Rhode Island Insurance Bulletin Number 2007-3
The electronic-only rules will take effect Oct. 1.
Starting on that date, the Rhode Island division “will no longer be accepting paper rate, rule or form filings,” officials say. “This applies to all lines of insurance.”
Insurers must pay all fees due in connection with the SERFF filings through Electronic Funds Transfer transactions, officials say.
A copy of the SERFF bulletin is on the Web
Some of the other jurisdictions that have adopted electronic-only filing rules include Alabama, the District of Columbia, Georgia, Iowa, Minnesota, South Dakota and Utah, according to SERFF program officials.