logo

Filing Information

Filing Requirements

All Property and Casualty filings must be submitted using the System for Electronic Rate and Form Filing (SERFF), and the Electronic Funds Transfer (EFT) function within SERFF when submitting the filing fee. Filing instructions are available within SERFF or in Bulletin 10-010. See Filings Required by Line of Insurance to determine if rates or forms require filing for a specific type of insurance. For deemer requirements, applicable to personal rate-change filings, please refer to Deemer Provision.

Filing Fees:

Filing Type

Fee

Policy or coverage forms

$25 per form

Endorsements, declaration pages, applications, etc.

$10 per form

Rates/Rules

$25 per filing

Adoption/non-adoption/delayed adoption of a Rate Service Organization filing

Rate/Rule: $25

Forms: $10

Withdrawal of rates and forms

$10 per filing

For group filings, additional fees are required as follows:

 

IF the lead company fee is $10:

$10 for each additional company

IF the lead company fee is $20:

$20 for each additional company

IF the lead company fee is $25:

$25 for each additional company

New program: rates/rules/forms

$25 per company 

Paper Filings:

Insurers are required to submit all rate/rule and form filings applicable to Property and Casualty lines of insurance using SERFF (http://www.serff.com). However, on a limited basis, paper filings may be submitted for:

  • Title and escrow rates and forms,
  • Motor club forms, and
  • Premium finance rates and forms.

Paper filings must include the Property & Casualty Transmittal Document (instructions available) and a check for the filing fee payable to the State of Nevada Division of Insurance. 

Review Standards Checklist:

The Review Standards Checklist provides Nevada's statutory and regulatory rate and form requirements both generally and by lines of insurance. This includes state-specific requirements, such as cancellation and nonrenewal provisions, along with statutory and regulatory cites.

Required Filing at a Glance 

Type of Insurance (TOI)

Rate Filing?

Form Filing?

Commercial Auto

No

Yes

Personal Auto

Yes

Yes

Casualty

 

 

Liability (Commercial)

No

Yes

Liability (Personal)

Yes

Yes

Medical Malpractice

Yes

Yes

Marine

 

 

Commercial Inland Marine

No

Yes

Ocean Marine

No

No

Personal Inland Marine

Yes

Yes

Property

 

 

Boiler and Machinery

No

Yes

Commercial Property

No

Yes

Credit - Commercial Property

No

Yes

Credit - Personal Property

Yes

Yes

Crop

No

Yes

Commercial Flood

No

Yes

Personal Flood

Yes

Yes

Personal Property

Yes

Yes

Miscellaneous

 

 

Burglary and Theft

No

Yes

Home Protection

Yes

Yes

Mortgage Guaranty

No

Yes

Motor Clubs

No

Yes

Premium Finance

Yes

Yes

Surety/Fidelity

No

No

Title

Yes

Yes

Workers' Compensation

Yes

Yes

Multiple Peril

 

 

Aircraft

No

No

Commercial Multiple Peril

No

Yes

Farmowners (Commercial Portion)

No

Yes

Farmowners (Personal Portion)

Yes

Yes

Homeowners

Yes

Yes

NOTICE: Complex Property and Casualty (P&C) Rate Filings May Not Exceed 1000 Pages

Effective March 1, 2020, to facilitate faster review and approval, the Property and Casualty Section generally will not accept rate filings in SERFF that exceed 1000 company-submitted pages. This does not include narrative portions of the Filing Memorandum or Objection Responses or any pages generated by the Division or by SERFF itself. Insurers are encouraged to structure their filings in a manner that would maximize the speed and ease of the NVDOI’s review.

Suggestions for Insurers to Satisfy the 1000-Page Limitation

1. For combination Form/Rate/Rule filings, split the form portion into a separate filing.

2. For Rate/Rule filings, split any large filing by subject matter. For instance, separate filings could pertain to the following:

a. The NVDOI-required compliance exhibits (e.g., the Rate Disruption, Profitability Report, NV PC Forms, Credit Scoring Statement, and similar exhibits) corresponding to changes simultaneously submitted in multiple filings;

b. The overall rate indication/base-rate-only filing;

c. Variable-specific changes, preferably grouped with qualitatively similar kinds;

d. Each predictive model.

3. Submit PDF tables as Excel documents. Exhibits submitted as both Excel spreadsheets and PDF documents will not count twice towards the 1000-page limit, and submitting in Excel format will actually reduce the number of pages as one tab of the spreadsheet will count as one page, regardless of length.

4. Simplify the presentation of rate-related changes by providing generally applicable formulas and verbally comprehensible decision rules for assigning relativities to certain categories of insureds. For example, if insureds of types A, B, and C would receive a relativity of X, instead of providing a table with three rows for insureds of types A, B, and C, provide a single row containing all three types or a single sentence stating that “Insureds of types A, B, and C receive a relativity of X.” If any mathematical formula or concise decision rule can summarize the rating treatment for any category of insureds, present the formula or decision rule, preferably accompanied by a well-labeled graph, in place of a lengthy table of rating factors. Only provide tables of individual category-specific factors if the information cannot be more concisely and completely described in another way.

5. Never include “placeholder” variables for which there is no differentiation in rating treatment. The NVDOI cannot approve variables that the insurer intends to use in the future but for which the insurer does not propose any present variation in rating factors / relativities.

6. Do NOT reduce the font size in order to achieve the page limit. Pages with text of less than 10-point font may count as multiple pages.

7. If the company intends to submit a complex rate proposal, it is strongly recommended that the company contact Property and Casualty Section staff beforehand to discuss the most effective ways of structuring that proposal, including possible segmentations into multiple filings. To initiate this discussion, please e-mail pcinsinfo@doi.nv.gov.