What is a serff filing?
ABOUT THE SYSTEM FOR ELECTRONIC RATE & FORM FILING (SERFF) The form submittal, document management and review access provided by the platform accelerates the pace of market-entry for new and renewing products, while ensuring compliance with consumer protection requirements.
What is System for Electronic Rate and form Filing?
The System for Electronic Rate and Form Filing (SERFF) is a smart Internet application designed to provide an efficient process for rate and form filing.
What is an insurance form filing?
Filed Forms — insurance policies that have been approved by the state insurance department and that are required in a state where the risk is located for certain types of coverage.
What is SFA in title company?
SERFF Filing Access (SFA)
What are rate filings?
Rate filing means an application filed by a utility for the permanent modification to any rate or charge for service requiring the commission to determine the fair value of the utility’s jurisdictional property used for the provision of utility service and the rate of return.
What is an ISO form?
Commercial Property Coverage Forms — insurance Services Office, Inc. (ISO), commercial property insurance forms that define, limit, and explain what property or property interest is covered.
How do I get a NAIC number?
The NAIC code is found on your insurance card. Most of the time the NAIC is printed on your ID card, however it is not labeled. It is a 5 digit number. Please call the office and any representative would be happy to provide you with the NAIC needed for your vehicle registration.
What is SFA technology?
Using technology to automate the sales process. Some technologies that can be used for sales automation are: • Laptop computers.
What is the full form of SFA?
Sales force automation (SFA) software is programming that streamlines the collection, analysis and distribution of data in a sales pipeline.
What is flex rating law?
Flex-rating laws allow an insurer to immediately adjust its rates unless the percentage change is above a certain threshold. Any rate increase above the threshold will incur regulatory scrutiny to ensure that it is not unreasonable.
Is California a file and use state?
Title. Title rate and forms filings are considered file and use. A Title filing must be received by the Department at least 30 days prior to its effective date.
What does ISO stand for in claims?
Insurance Services Office, Inc.
ISO provides advisory services and information to many insurance companies. On your insurance policies, you may see notices showing ISO (Insurance Services Office, Inc.) as the copyright owner. That’s because ISO develops and publishes policy language that many insurance companies use as the basis for their products.