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Texas Department of Insurance Posts Extension Schedule for Insurer Financial Filings
The Texas Department of Insurance has posted a bulletin announcing the extension of selected filing deadlines and a modification of filing requirements for reporting insurers.
The March 25, 2020 bulletin is found at www.tdi.texas.gov/bulletins/2020/B-0009-20.
| Insurance Code Chapter or 28 Texas Administrative Code chapter | Current deadline | Extended deadline (additional calendar days) |
| Insurance Code Chapter 651, Financing of Insurance Premiums | Section 651.102, relating to annual report, on or before April 1 of each year | 45 days |
| Insurance Code Chapter 823, Insurance Holding Company Systems | Section 823.055(b), relating to annual registration statement, summary of material changes, not later than the 120th day after the last day of each fiscal year of the ultimate controlling person must file annual registration statement (Form B) | 45 days for April 30th filers |
| Insurance Code Chapter 823, Insurance Holding Company Systems | Section 823.059, relating to filing annual enterprise risk report (Form F) | 45 days for April 30th filers |
| 28 Texas Administrative Code Chapter 7, Corporate and Financial Regulation | Section 7.68(f)(3), relating to annual and quarterly supplements, including, but not limited to, Management’s Discussion and Analysis, due on or before April 1 | 45 days |
| 28 Texas Administrative Code Chapter 7, Corporate and Financial Regulation | Section 7.83(f)(1), relating to appeal of examination reports, 14 days for first level appeal | 14 days for reports transmitted before April 30th |
The post Texas Department of Insurance Posts Extension Schedule for Insurer Financial Filings appeared first on Insurance & Reinsurance.
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