Filing Requirements
Review Requirements
Reference Comments
Location of contract (page and section no.) if applicable
Filing Procedures and Fees 374.230 (5) RSMo and 20 CSR 500-8.100 Describes the procedures for rates/rules/forms filings. One filing may contain rates, rules and forms. Payment for filings is available through EFT. Filing fee is $50.00 per line per company. EFT payment may be submitted as long as the filing is still open. Payment not made by EFT will be billed in arrears by Department invoice  
Transmittal document   For paper filings, submit a completed TD-1 form  
Withdraw from an entire line of insurance 379.886 RSMo Requires insurers to notify Director 90 days in advance of canceling or non-renewing a line of business  


Forms
Review requirements
Reference
Comments
Location in contract
(page and section no.)
if applicable
Application 375.936 RSMo Prohibits insurers from asking applicants if they have ever been cancelled or non-renewed by prior insurer  
Cancellation/Nonrenewal 379.883 RSMo 10 days for nonpayment of premium, otherwise 30 day notice is requiredit.  
Cancellation/ Nonrenewal – Mailing requirement 379.885 RSMo Proof of mailing to the named insured at his last known address  
Cancellation/ Nonrenewal – Policyholder right to claims history 379.884 RSMo Within 30 days of a written request, the insurer shall provide to the insured  a statement of claims history for  3 years prior to the date of cancellation; or total claims history if policy has been in effect less than 3 years  
Cancellation/ Nonrenewal – Reasons for 379.883(3) RSMo Insurer's actual reason to be sufficiently clean and specific. An assignment or transfer among affiliated insurers within a group is not considered a cancellation/nonrenewal.  
Claims made 20 CSR 500-1.800 Retroactive date not required at policy issue. However, once a retroactive date is established, it may not be changed after policy inception except as required or requested by the insured.  
Form filings – effective date 379.321 RSMo 20CSR 500-4.100 Filings must be received by the Department within 10 days of the effective date  
Mandatory endorsements (name, address, phone) 375.924(1) RSMo Requires policies to provide the name, address and telephone number of the insurer for easy access by insured.  
Missouri Property & Casualty Guaranty Association 375.772 RSMo Requires policies to include a guaranty fund endorsement.  
Nonrenewal-Notice of 379.883 RSMo 60 days prior to the effective date of nonrenewal  


Loss Settlement Provisions
Review Requirements
Reference
Comments
Location in contract
(page and section no.)
if applicable
Acknowledging claims/settlement provisions
Misrepresentation of policy provisions, failure to acknowledge pertinent communications, standards for prompt investigation of claims, standards for prompt, fair and equitable settlement of claims;  Insurers cannot deny coverage if a claim is not reported within a specific time period;
 
Appraisal 20 CSR 500-1.100 When the insured and company fail to agree on the ACV or the amount of a loss, then, on written demand of either, each shall select a competent appraiser.  
Arbitration 435.350 RSMo  & Case Law – Standard Sec. Life Ins. Co. v. West 127 F.Supp.2d 1064 W.D. MO.,2000

Arbitration hearing to be held in county where adverse party resides or has a place of business  
Statute of limitation 516.110 RSMo 10 years  


Rate
Review requirements
Reference
Comments
Location in contract
(page and section no.)
if applicable
Rate, rate plan and rate system
Sets forth standards for filing a commercial casualty insurance rate, rating plan or rating system; supporting actuarial data requirement.
 
Consent to rate – "A" rate 379.888(1)(1) RSMo & 20CSR500-4.300 Sets out standards to use "Consent to Rate"  
Deviation from rating organization 379.326 RSMo Deviations from rating organizations shall be filed with the director and are effective upon the date of filing  
Fees 379.356 RSMo & 375.052 RSMo Incidental fees for premium installments, late payments, policy reinstatement, or other similar services specifically provided for by law or regulation are allowed  
Premium notification 379.321(6)(2) RSMo Requires insurers to send a notice to the agent of record and insured 60 days prior to the expiration date of a policy when the insurer will only renew the policy with a premium increase of 25% or more  
Rate filings 379.321 RSMo Rate, rate plans, modifications and manuals of classifications shall be filed with the Department for informational purposes only; however, the Director retains authority over excessive, inadequate or unfairly discriminatory rates  
Rate standard 379.470 RSMo Rates shall not be excessive or inadequate, nor shall they be unfairly discriminatory.  
Rating Organization filings 20CSR500-4.200(4) Insurers adopting loss costs filed by a rating organization must file Exhibit A, B, & C  
Rebates 379.356 RSMo Prohibits rebating