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COMMONWEALTH OF PENNSYLVANIA

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PA Bulletin, Doc. No. 05-2144

NOTICES

[35 Pa.B. 6600]

[Correction]

Financial Statement Filing Requirements for 2006; No. 2005-11

   A typographical error occurred in the document that appeared at 35 Pa.B. 6392 (November 19, 2005). The correct version of the paragraph is as follows, with ellipses referring to the existing text of the notice:

   Under section 320 of The Insurance Company Law (40 P. S. § 443) insurers licensed to transact business in this Commonwealth are required to file financial statements with the Insurance Department (Department) using the statement blanks, instructions and accounting practices and procedures prescribed by the National Association of Insurance Commissioners (NAIC). This notice is being issued to alert all domestic insurers of this Commonwealth to the following developments in financial statement filing requirements that will become effective beginning with statements reporting an insurer's financial condition as of December 31, 2005.

1.  Property and Casualty Actuarial Opinions

*      *      *      *      *

   Property/casualty insurers will be required to file two copies of the AOS with the Department by March 15, 2006. Because the AOS will be filed separate from the Statement of Actuarial Opinion that is due by March 1, the NAIC has developed the following recommended format for the actuary's cover note to the AOS:

*      *      *      *      *

[Pa.B. Doc. No. 05-2144. Filed for public inspection November 18, 2005, 9:00 a.m.]

[35 Pa.B. 6600]



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