States’ Prescribed Differences - National Association of Insurance Commissioners · 2018. 9....
Transcript of States’ Prescribed Differences - National Association of Insurance Commissioners · 2018. 9....
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States’ Prescribed Differences from NAIC Statutory Accounting Principles
February
States’ Prescribed Differences
from NAIC Statutory
Accounting Principles
February 2016
Accounting & ReportingInformation about statutory accounting principles and the procedures necessary for fi ling fi nancial annual statements and conducting risk-based capital calculations.
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Table of Contents
© 2002-2016 National Association of Insurance Commissioners i
Foreword ................................................................................................................................................... iii Disclaimer ................................................................................................................................................. iv ALABAMA .................................................................................................................................................1 ALASKA .....................................................................................................................................................2 ARIZONA ...................................................................................................................................................3 ARKANSAS................................................................................................................................................4 CALIFORNIA ............................................................................................................................................5 COLORADO ..............................................................................................................................................6 CONNECTICUT........................................................................................................................................7 DELAWARE ..............................................................................................................................................8 DISTRICT OF COLUMBIA ....................................................................................................................9 FLORIDA .................................................................................................................................................10 GEORGIA ................................................................................................................................................12 HAWAII....................................................................................................................................................13 IDAHO ......................................................................................................................................................14 ILLINOIS .................................................................................................................................................15 INDIANA ..................................................................................................................................................16 IOWA ........................................................................................................................................................17 KANSAS ...................................................................................................................................................18 KENTUCKY ............................................................................................................................................19 LOUISIANA .............................................................................................................................................20 MAINE ......................................................................................................................................................21 MARYLAND ............................................................................................................................................22 MASSACHUSETTS ................................................................................................................................23 MICHIGAN ..............................................................................................................................................24 MINNESOTA ...........................................................................................................................................25 MISSISSIPPI ............................................................................................................................................26 MISSOURI ...............................................................................................................................................27 MONTANA ..............................................................................................................................................28 NEBRASKA .............................................................................................................................................29 NEVADA ..................................................................................................................................................30 NEW HAMPSHIRE ................................................................................................................................31 NEW JERSEY ..........................................................................................................................................32
Table of Contents
© 2002-2016 National Association of Insurance Commissioners ii
NEW MEXICO ........................................................................................................................................33 NEW YORK .............................................................................................................................................34 NORTH CAROLINA ..............................................................................................................................36 NORTH DAKOTA ..................................................................................................................................37 OHIO .........................................................................................................................................................38 OKLAHOMA ...........................................................................................................................................39 OREGON ..................................................................................................................................................40 PENNSYLVANIA ....................................................................................................................................41 RHODE ISLAND .....................................................................................................................................42 SOUTH CAROLINA ...............................................................................................................................43 SOUTH DAKOTA ...................................................................................................................................44 TENNESSEE ............................................................................................................................................45 TEXAS ......................................................................................................................................................46 UTAH ........................................................................................................................................................48 VERMONT ...............................................................................................................................................49 VIRGINIA ................................................................................................................................................50 WASHINGTON .......................................................................................................................................51 WEST VIRGINIA ....................................................................................................................................52 WISCONSIN ............................................................................................................................................53 WYOMING ..............................................................................................................................................54
Foreword
© 2002-2016 National Association of Insurance Commissioners iii
The Preamble to the NAIC Accounting Practices and Procedures Manual (Manual) states that the Manual is not intended to preempt states’ legislative and regulatory authority. The purpose of the Manual is to establish a comprehensive basis of accounting recognized and adhered to if not in conflict with state statutes and/or regulations, or when the state statutes and/or regulations are silent.
In the event that the domiciliary state sets forth accounting guidance that differs from the Manual, reporting entities are required to disclose the departure within the Notes to Financial Statements. Statement of Statutory Accounting Principle No. 1—Disclosures of Accounting Policies, Risks & Uncertainties, and Other Disclosures (SSAP No. 1), paragraph 7 states:
7. NAIC statutory accounting practices and procedures are those that are set forth in the Accounting Practices and Procedures Manual. If a reporting entity employs accounting practices that depart from the NAIC accounting practices and procedures, disclosure of the following information about those accounting practices that affect statutory surplus or risk-based capital shall be made at the date each financial statement is presented:
a. A description of the accounting practice;
b. A statement that the accounting practice differs from NAIC statutory accounting practices and procedures; and
c. The monetary effect on net income and statutory surplus of using an accounting practice which differs from NAIC statutory accounting practices and procedures.
d. If an insurance enterprise’s risk-based capital would have triggered a regulatory event had it not used a prescribed or permitted practice, that fact should be disclosed in the financial statements.
These disclosures shall be disclosed in Note 1 as illustrated in Appendix A-205. Additionally, a reference to Note 1 shall be included in the individual notes to financial statements impacted by the prescribed or permitted practices as applicable.
The NAIC developed this publication, organized by state in a tabular format, as a means of providing further information to regulators, public accountants and company personnel regarding these differences. Also included is a reference to each state’s statute or regulation that adopts the Manual. In most instances, the state’s investment law(s) has been included as a possible difference, given that most state investment laws contain investment limitations and restrictions not required by the Manual. For example, a reporting entity nonadmits an asset in their annual statement because they have exceeded their state’s investment limits for that particular investment; the Manual would allow that same investment to be admitted, as there are few investment limits in the Manual. This situation results in a difference in surplus that reporting entities must disclose in accordance with SSAP No. 1. However, depending upon the nature of a state’s investment law, it may not result in a difference that reporting entities must disclose in accordance with SSAP No. 1.
Disclaimer
© 2002-2016 National Association of Insurance Commissioners iv
The information contained herein should not be relied upon solely in determining whether a state has prescribed guidance that is different from the NAIC Accounting Practices and Procedures Manual. This publication is intended to provide a summary of states’ differences, and the reviewer should in every instance refer to the individual state’s statutes or regulations for authoritative guidance. When necessary, the state insurance department should be contacted. Every effort has been made to ensure the contents of this publication are complete and factually correct, but the NAIC makes no warranty as to the completeness and accuracy of the information provided. Any errors or omissions noted in the publication should be submitted to Julie Gann, Sr. Manager, Accounting and Reporting, via email at [email protected] or forwarded to the NAIC Executive Headquarters, 1100 Walnut, Suite 1500, Kansas City, MO 64106-2197, Attention: Statutory Accounting Principles.
© 2
002-
2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
AL
AB
AM
A
C
itatio
n ad
optin
g th
e M
anua
l:
§ 27
-3-2
6, C
ode
of A
laba
ma
1975
; Reg
ulat
ion
97
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 2
7-41
-1 to
27-
41-4
1 Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 2
§
27-4
1-6;
§ 2
7-41
-15
Sets
forth
lim
itatio
ns o
n ad
mis
sibi
lity
of a
ll in
vest
men
ts in
clud
ing
cash
and
cas
h eq
uiva
lent
s SS
AP
No.
4
§ 27
-37-
1 to
27-
37-8
St
atut
e sp
ecifi
cally
list
s ass
ets a
nd n
onad
mitt
ed a
sset
s SS
AP
No.
16R
§
27-4
1-31
Pr
ovid
es li
mita
tions
on
adm
issi
bilit
y of
ED
P eq
uipm
ent a
nd so
ftwar
e SS
AP
No.
21
§ 27
-41-
33
Dom
estic
life
insu
ranc
e co
mpa
nies
are
aut
horiz
ed to
inve
st, w
ithin
the
limita
tions
se
t for
th in
this
sect
ion,
in c
hatte
l mor
tgag
es re
sulti
ng fr
om th
e fin
anci
ng o
f ta
ngib
le p
erso
nal p
rope
rty, w
hich
mor
tgag
es m
ust c
onst
itute
val
id fi
rst l
iens
on
the
chat
tels
mor
tgag
ed. T
he m
axim
um a
mou
nt o
f suc
h m
ortg
ages
to b
e ad
mitt
ed
as a
sset
s sha
ll no
t exc
eed
one
half
of th
e am
ount
of s
urpl
us re
mai
ning
afte
r de
duct
ing
from
cap
ital a
nd su
rplu
s an
amou
nt e
qual
to th
e st
atut
ory
min
imum
ca
pita
l and
surp
lus r
equi
red
of a
new
ly o
rgan
ized
life
insu
ranc
e co
mpa
ny.
SSA
P N
o. 4
0R
§ 27
-41-
34(f
) and
(g)
Prov
ides
diff
erin
g va
luat
ion
and
adm
issi
bilit
y ru
les f
or re
al e
stat
e SS
AP
No.
55
§ 27
-36-
6 St
atut
e st
ates
“If
loss
exp
erie
nce
show
s tha
t an
insu
rer’
s los
s res
erve
s, ho
wev
er
com
pute
d or
est
imat
ed, a
re in
adeq
uate
, the
com
mis
sion
er sh
all r
equi
re th
e in
sure
r to
mai
ntai
n lo
ss re
serv
es in
such
incr
ease
d am
ount
as i
s nee
ded
to m
ake
them
ad
equa
te,”
eve
n if
in e
xces
s of m
anag
emen
t’s b
est e
stim
ate.
SS
AP
No.
57
and
A-6
28
§ 27
-37-
2(4)
c.
Sets
forth
lim
itatio
ns o
n tit
le p
lant
to 5
0 pe
rcen
t of c
apita
l SS
AP
No.
57
and
A-6
30
§ 27
-36-
2 Pr
ovid
es u
near
ned
prem
ium
rese
rve
requ
irem
ents
diff
eren
t fro
m th
e M
anua
l SS
AP
No.
62R
§§
27-
37-1
(8) t
o 27
-37-
1(9)
R
elat
es to
fund
s hel
d or
dep
osite
d th
at m
ay d
iffer
from
man
ual l
angu
age
SSA
P N
o. 6
8 §
27-3
7-2
Dis
allo
ws t
he a
dmis
sion
of g
oodw
ill, t
rade
nam
es a
nd o
ther
like
inta
ngib
le a
sset
s SS
AP
No.
84
§ 27
-37-
2(2)
A
dvan
ces d
isal
low
ed
SSA
P N
o. 9
2 §
27-3
6-1(
5)
Indi
rect
reco
gniti
on o
f lia
bilit
ies t
hat a
re n
ot “
due
or a
ccru
ed”
SSA
P N
o. 1
01
§ 27
-36-
1(5)
D
oes n
ot m
entio
n de
ferr
ed ta
x lia
bilit
ies b
ut th
ese
liabi
litie
s are
cov
ered
by
Sect
ion
27-2
-26
and
Reg
ulat
ion
97 w
hich
ado
pts t
he N
AIC
Sta
tuto
ry A
ccou
ntin
g Pr
actic
es a
nd P
roce
dure
s Man
ual
1
© 2
002-
2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
AL
ASK
A
C
itatio
n ad
optin
g th
e M
anua
l:
§ 21
.09.
200;
§ 2
1.06
.140
(c)
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 2
1.21
; 3 A
AC
21.
200
- .39
9 Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 4
1 §
21.6
9.52
0 Pr
ohib
its a
ny p
art o
f a su
rplu
s not
e fr
om b
eing
car
ried
as a
liab
ility
SS
AP
No.
97
3 A
AC
21.
281
(Life
); 3
AA
C 2
1.37
0 (P
/C)
Esta
blis
hes l
imita
tions
rega
rdin
g in
vest
men
ts in
subs
idia
ries
2
© 2
002-
2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
AR
IZO
NA
Cita
tion
adop
ting
the
Man
ual:
A
.R.S
. § 2
0-22
3
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
A.R
.S. §
§ 20
-531
to 2
0-56
2 Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 1
A
.R.S
. § 2
0-10
98.0
7(A
) Pr
ovid
es th
at a
cap
tive
insu
rer m
ay su
bmit
its A
nnua
l Rep
ort u
sing
Gen
eral
ly
Acc
epte
d A
ccou
ntin
g Pr
inci
ples
SS
AP
Nos
. 4 a
nd 7
2 A
.R.S
. § 2
0-10
98.0
3(B
) Pr
ovid
es th
at m
inim
um c
apita
l and
surp
lus r
equi
rem
ents
for c
aptiv
e in
sure
rs m
ay b
e su
ppor
ted
by le
tters
of c
redi
t und
er c
erta
in c
ondi
tions
, res
ultin
g in
the
lette
rs o
f cr
edit
bein
g ad
mitt
ed a
sset
s SS
AP
No.
21
A.R
.S. §
20-
561
Prov
ides
a c
ap o
n th
e va
luat
ion
of a
col
late
ral l
oan
base
d on
75
perc
ent o
f the
val
ue
of th
e un
derly
ing
secu
rity
SSA
P N
o. 5
8 A
.R.S
. § 2
0-15
56; A
.R.S
. § 2
0-15
50
Prov
ides
for a
dditi
ons t
o co
ntin
genc
y re
serv
es h
eld
by m
ortg
age
guar
anty
insu
rers
SS
AP
Nos
. 61R
and
62R
A
.R.S
.§ 2
0-10
98.1
1(B
) Pr
ovid
es, w
ith th
e D
irect
or’s
prio
r app
rova
l, al
low
ance
for c
aptiv
e in
sure
rs to
take
cr
edit
for r
eser
ves o
n ris
ks c
eded
to u
naut
horiz
ed re
insu
rers
3
© 2
002-
2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
AR
KA
NSA
S
Cita
tion
adop
ting
the
Man
ual:
§
23-6
3-21
6
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 2
3-63
-801
to 2
3-63
-841
; Rul
e 36
Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
A-8
22
Rul
e 64
Pe
rmits
stat
emen
t of a
ctua
rial o
pini
on n
ot in
clud
ing
asse
ts a
dequ
acy
anal
ysis
for A
rkan
sas
only
dom
estic
s if c
erta
in c
riter
ia a
re m
et
Prea
mbl
e an
d SS
AP
No.
1
§ 23
-63-
1607
A
ltern
ativ
e re
porti
ng re
quire
men
t for
cap
tive
insu
rers
SS
AP
Nos
. 4 a
nd 2
0 §
23-6
9-13
4; R
ule
26
Stip
ulat
ion
rega
rdin
g se
curit
ies c
usto
dy
SSA
P N
o. 5
R
§ 23
-70-
114
Add
ress
es re
cipr
ocal
insu
rers
liab
ilitie
s SS
AP
Nos
. 20
and
25
§§23
-63-
833
and
23-6
9-10
9 Pr
ohib
its lo
ans t
o di
rect
ors,
offic
ers,
empl
oyee
s and
con
trolli
ng st
ockh
olde
rs a
nd g
uara
ntee
s fo
r obl
igat
ions
of d
irect
ors a
nd o
ffic
ers
SSA
P N
o. 5
6 an
d A
-250
R
ule
6 Es
tabl
ishe
s gui
danc
e on
var
iabl
e an
nuiti
es
SSA
P N
o. 5
7 §
23-6
3-61
4 an
d 23
-63-
832
Res
erve
s req
uire
men
ts a
nd in
vest
men
t lim
its fo
r titl
e in
sure
rs
SSA
P N
o. 7
2 §
23-6
9-10
5(c)
(4)
Reg
ardi
ng in
sure
r sto
cks w
ithou
t par
val
ue
4
© 2
002-
2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
CA
LIF
OR
NIA
Cita
tion
adop
ting
the
Man
ual:
C
alifo
rnia
Insu
ranc
e C
ode
§ 92
3 an
d 11
131
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 1
170
to 1
212
1240
to 1
241.
1 Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
A-5
85
CC
R T
itle
10 §
254
4.3
U
nive
rsal
Life
Insu
ranc
e re
serv
es: C
alifo
rnia
(i) l
imits
the
inte
rest
rate
for d
isco
untin
g fu
ture
gu
aran
teed
ben
efits
in u
nive
rsal
life
pol
icie
s to
the
less
er o
f the
val
uatio
n in
tere
st ra
te in
the
Stan
dard
Val
uatio
n La
w (C
IC 1
0489
.4) a
nd th
e gu
aran
teed
acc
umul
atio
n ra
te sp
ecifi
ed in
the
polic
y fo
rm; a
nd (i
i) al
low
s a c
ompa
ny to
use
the
mea
n of
the
cash
surr
ende
r val
ue a
nd th
e po
licy
valu
e as
the
rese
rve
in li
eu o
f the
NA
IC m
etho
ds. T
his i
s kno
wn
as th
e C
alifo
rnia
m
etho
d.
A-6
95
§ 10
507.
5 Sy
nthe
tic G
IC a
nd o
ther
sim
ilar p
rodu
cts:
Sta
te la
w re
quire
s tha
t a re
serv
e be
cal
cula
ted
equa
l to
a fu
nctio
n of
the
accu
mul
atio
n of
risk
cha
rges
. The
app
endi
x re
quire
s tha
t the
re
serv
e m
ake
adeq
uate
pro
visi
on fo
r all
cont
ract
liab
ilitie
s. A
-815
C
CR
Titl
e 10
§§
2582
to 2
582.
3 U
se o
f Pre
ferr
ed M
orta
lity
Tabl
es in
det
erm
inin
g m
inim
um re
serv
e lia
bilit
ies:
Sta
te
regu
latio
n di
ffer
s fro
m A
-815
in it
s app
licab
ility
to p
olic
ies i
ssue
d on
or a
fter 1
/1/2
007.
A
-818
C
CR
Titl
e 10
§22
48.1
4 R
eser
ving
requ
irem
ents
rela
ted
to c
redi
t life
bus
ines
s is s
et fo
rth in
Sec
. 224
8.14
A
-820
§
1048
9.15
(c )(
6)
The
qual
ified
act
uary
sha
ll be
liab
le fo
r his
or h
er n
eglig
ence
or o
ther
tortu
ous c
ondu
ct.
SSA
P N
o. 1
6R
§ 11
94.9
5 A
ltern
ate
adm
issi
bilit
y an
d am
ortiz
atio
n ru
les f
or E
DP
equi
pmen
t and
softw
are
5
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2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
CO
LO
RA
DO
Cita
tion
adop
ting
the
Man
ual:
§
10-3
-208
(1) a
nd (7
); C
O In
sura
nce
Reg
ulat
ion
3-1-
10
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 1
0-3-
213
to 1
0-3-
243
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l SS
AP
No.
6
§ 10
-11-
114
Prov
ides
diff
erin
g ad
mis
sibi
lity
rule
s reg
ardi
ng th
e ag
ing
of p
rem
ium
s for
title
insu
rers
6
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2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
CO
NN
EC
TIC
UT
C
itatio
n ad
optin
g th
e M
anua
l:
§ 38
a-70
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 3
8a-1
02 to
38a
-102
1 Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 6
1R
§ 38
a-72
a-2
Cre
dit i
s allo
wed
for Y
RT
cont
ract
s whe
reby
the
cedi
ng in
sure
r has
a ri
ght o
f uni
late
ral
canc
ella
tion
(lim
its th
e tra
nsfe
r of r
isk)
7
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
DE
LA
WA
RE
C
itatio
n ad
optin
g th
e M
anua
l:
Title
18
§ 52
6(2)
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
Title
18
§§ 1
301
to 1
334
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
Fu
rther
info
rmat
ion
rega
rdin
g D
elaw
are’
s pre
scrib
ed d
iffer
ence
s fro
m N
AIC
Sta
tuto
ry A
ccou
ntin
g Pr
inci
ples
shou
ld b
e ob
tain
ed b
y co
ntac
ting
the
Del
awar
e D
epar
tmen
t of
Insu
ranc
e.
8
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
DIS
TR
ICT
OF
CO
LU
MB
IA
C
itatio
n ad
optin
g th
e M
anua
l:
§ 31
-190
1
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§ 31
-137
1 an
d §
31-1
372
(Life
);
§ 31
- 137
1 an
d §
31-
1373
(P/C
) Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
9
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2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
FLO
RID
A
C
itatio
n ad
optin
g th
e M
anua
l: §
625
.011
15 (i
nsur
ers)
; §64
1.18
3 (H
MO
); R
ule
69O
-137
.001
(4)
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 6
25.3
01 to
625
.340
; §64
1.35
Pr
ovid
es li
mita
tions
on
inve
stm
ents
out
side
the
scop
e of
the
Man
ual.
SSA
P N
o. 4
§
625.
012;
§ 6
25.0
31; §
625
.332
; §6
41.3
5 St
atut
es sp
ecifi
cally
list
ass
ets a
llow
ed a
nd p
rohi
bite
d an
d/or
non
-al
low
ed a
sset
s. SS
AP
No.
6
§ 62
5.01
2(5)
(a);
§641
.35(
1)(c
) St
atut
es a
llow
pre
miu
ms o
ver 9
0 da
ys d
ue fr
om U
.S. g
over
nmen
t or a
ny
of it
s ins
trum
enta
litie
s to
be a
dmitt
ed a
sset
s. SS
AP
No.
16R
§
625.
012(
11)
Esta
blis
hes a
$25
,000
min
imum
cap
italiz
atio
n re
quire
men
t but
not
mor
e th
an 3
% o
f ins
urer
’s c
apita
l/sur
plus
as f
urth
er a
djus
ted
by st
atut
e if
appl
icab
le.
SSA
P N
o. 1
7 R
ule
69O
-188
.021
(16)
R
ule
perm
its C
omm
erci
al S
elf I
nsur
ance
Fun
d to
am
ortiz
e or
gani
zatio
nal c
osts
ove
r 60
mon
ths.
SSA
P N
o. 2
5 §6
41.3
5(2)
(i)
Req
uire
s the
HM
O to
non
-adm
it an
y no
te a
ccou
nt re
ceiv
able
, adv
ance
or
oth
er e
vide
nce
of in
debt
edne
ss o
r inv
estm
ent i
n an
y en
tity
dire
ctly
or
indi
rect
ly c
ontro
lled
by th
e pa
rent
or a
n af
filia
te o
f the
par
ent.
SSA
P N
o. 3
4 §
625.
012(
2)(c
); §
641.
35(1
)(b)
3 A
llow
s as a
n as
set i
nter
est d
ue o
r acc
rued
upo
n a
colla
tera
l loa
n in
an
amou
nt n
ot to
exc
eed
one
year
. SS
AP
No.
34
§ 62
5.01
2(2)
(f)
Stat
es w
ith re
nt d
ue o
r acc
rued
mor
e th
an th
ree
mon
ths p
ast d
ue m
ay
still
be
an a
dmitt
ed a
sset
if c
erta
in c
olla
tera
l is i
n pl
ace.
SS
AP
Nos
. 34
and
37
§ 62
5.01
2(2)
(e) )
; §64
1.35
(1)(
b)5
Lim
its a
ccru
ed m
ortg
age
inte
rest
to 9
0 da
ys.
SSA
P N
o. 5
1 §
625.
121(
5)
Sets
forth
rese
rve
tabl
es th
at m
ust b
e us
ed fo
r cer
tain
life
rese
rves
SS
AP
No.
53
§ 62
4.40
94; §
625
.071
R
elat
es to
repo
rting
of d
irect
writ
ten
prem
ium
s for
bai
l bon
ds
SSA
P N
o. 5
7 §
625-
330
See
Stat
ute
for s
peci
al in
vest
men
ts b
y tit
le in
sure
rs
SSA
P N
o. 5
8 §
635.
011(
1)(a
) Pr
ovid
es d
iffer
ence
s in
defin
ition
s of M
ortg
age
Gua
rant
y In
sura
nce
SSA
P N
o. 6
0 §
627.
972(
5)
Con
cern
ing
prem
ium
reve
nue
reco
gniti
on, t
he O
ffic
e m
ay p
resc
ribe
or
appr
ove
a m
etho
d. N
o pr
escr
ibed
met
hod
has b
een
esta
blis
hed.
SS
AP
No.
62R
§
624.
610
Stat
ute
prov
ides
add
ition
al re
quire
men
ts fo
r det
erm
inin
g w
heth
er c
redi
t sh
ould
be
allo
wed
to u
naut
horiz
ed re
insu
rers
SS
AP
No.
65
§ 62
5.09
1; R
ule
69O
-170
.030
(1)
Add
ress
es ta
bula
r and
non
-tabu
lar r
eser
ves,
disc
ount
ing,
and
sa
lvag
e/su
brog
atio
n re
cove
ries
SSA
P N
o. 6
8 §
625.
012(
12)
Stat
ute
prov
ides
that
goo
dwill
aris
ing
from
acq
uisi
tions
and
mer
gers
oc
curr
ing
afte
r Jan
uary
1, 2
001,
be
cons
ider
ed a
n ad
mitt
ed a
sset
10
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2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
FLO
RID
A (c
ont.)
Cita
tion
adop
ting
the
Man
ual:
§ 6
25.0
1115
(ins
urer
s); §
641.
183
(HM
O) )
; Rul
e 69
O-1
37.0
01(4
)
SS
AP
No.
68
§641
.35(
1)(f
) Fo
r HM
Os,
prov
ides
that
goo
dwill
aris
ing
from
acq
uisi
tions
and
m
erge
rs o
ccur
ring
on o
r afte
r Jan
uary
1, 2
001,
be
cons
ider
ed a
n ad
mitt
ed a
sset
SS
AP
No.
97
§641
.35(
16)
Exce
pt w
ith th
e w
ritte
n co
nsen
t of t
he C
omm
issi
oner
, inv
estm
ents
in
secu
ritie
s iss
ued
by a
ny c
orpo
ratio
n or
ent
erpr
ise
for w
hich
the
cont
rolli
ng in
tere
st is
, or w
ill b
e, h
eld
by th
e H
MO
eith
er d
irect
ly o
r in
dire
ctly
or a
ny c
ombi
natio
n of
the
HM
O a
nd it
s dire
ctor
s, of
fices
, pa
rent
cor
pora
tion,
subs
idia
ries o
r con
trolli
ng st
ockh
olde
rs is
pr
ohib
ited.
11
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
GE
OR
GIA
Cita
tion
adop
ting
the
Man
ual:
§
33-3
-21;
GA
Ins.
Reg
. 120
-2-1
8-.0
7
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 3
3-11
-50
to 3
3-11
-65;
§§
33-1
1-80
to 3
3-11
-89
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
SSA
P N
o. 1
6R
§ 33
-10-
1 Es
tabl
ishe
s adm
issi
bilit
y an
d lim
itatio
ns o
n ED
P eq
uipm
ent/s
oftw
are
SSA
P N
o. 5
5 §
34-9
-163
(b)
Incl
udes
spec
ific
rese
rve
prov
isio
ns n
ot c
over
ed b
y SS
AP
No.
55
for W
orke
rs’
Com
pens
atio
n se
lf-in
sura
nce
grou
ps. T
hese
incl
ude
rese
rvin
g fo
r pol
icie
s writ
ten
in th
e la
st
thre
e ye
ars t
o th
e ag
greg
ate
exce
ss a
ttach
men
t poi
nt, o
r with
Com
mis
sion
er a
ppro
val a
re
serv
e ce
rtifie
d by
a c
asua
lty a
ctua
ry su
bjec
t to
a 45
per
cent
of e
arne
d pr
emiu
ms f
loor
. SS
AP
No.
57
and
A-6
28
§ 33
-10-
10
Add
ress
es c
alcu
latio
n an
d am
ortiz
atio
n of
Sta
tuto
ry o
r Une
arne
d Pr
emiu
m R
eser
ve (S
PR o
r U
PR) f
or ti
tle in
sura
nce
rese
rves
SS
AP
No.
57
and
A-6
28
§ 33
-11-
27
Sets
forth
lim
itatio
ns o
n tit
le p
lant
SS
AP
No.
68
§ 33
-10-
2 St
ates
that
goo
dwill
shal
l not
be
allo
wed
as a
n ad
mitt
ed a
sset
12
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
HA
WA
II
C
itatio
n ad
optin
g th
e M
anua
l:
§ 43
1:3-
301
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 4
31:6
-101
to 4
31:6
-602
Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 7
2 §
431:
19-1
04
Cap
tive
insu
rers
onl
y: P
erm
its c
aptiv
e ris
k re
tent
ion
grou
ps to
use
lette
rs o
f cre
dit t
o m
eet
min
imum
cap
ital a
nd su
rplu
s req
uire
men
ts
GE
NE
RA
L N
OT
E: A
ny in
vest
men
t lim
itatio
n ba
sed
on a
n in
sure
r’s a
sset
s sha
ll be
cal
cula
ted
base
d on
the
asse
ts a
s sho
wn
on th
e an
nual
stat
emen
t as o
f Dec
embe
r 31
prec
edin
g th
e da
te o
f inv
estm
ent.
13
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
IDA
HO
Cita
tion
adop
ting
the
Man
ual:
Id
aho
Cod
e §4
1-33
5
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
Idah
o C
ode
§§ 4
1-70
1 to
41-
735
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l {se
e R
ange
Li
mita
tions
} SS
AP
No.
6
Idah
o C
ode
§41-
601(
5) D
efin
ition
of
Ass
ets
Sets
forth
a sp
ecia
l exc
lusi
on fo
r pre
miu
ms p
ast d
ue o
ver 9
0 da
ys, i
f pay
able
dire
ctly
or
indi
rect
ly b
y th
e st
ate
of Id
aho,
age
ncy
or o
ther
com
pone
nt o
f the
stat
e, o
r any
pol
itica
l su
bdiv
isio
n of
the
stat
e SS
AP
No.
16R
Id
aho
Cod
e §4
1-60
1(11
) Def
initi
on
of A
sset
s A
ltern
ate
adm
issi
bilit
y an
d am
ortiz
atio
n ru
les f
or E
DP
equi
pmen
t and
softw
are
SSA
P N
o. 1
9 Id
aho
Cod
e §4
1-60
1(12
) Def
initi
on
of A
sset
s A
llow
s fur
nitu
re a
nd fi
xtur
es a
nd b
usin
ess a
utom
obile
s as a
dmitt
ed a
sset
s, up
to 1
per
cent
of
the
othe
r ass
ets o
f the
insu
rer
SSA
P N
o. 3
7 Id
aho
Cod
e §4
1-72
1 an
d 41
-722
M
ortg
age
Loan
s and
Con
tract
s D
escr
ibes
per
mitt
ed in
vest
men
ts b
y ty
pes o
f loa
n as
wel
l as l
imita
tions
by
prop
erty
val
ue
14
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
ILL
INO
IS
C
itatio
n ad
optin
g th
e M
anua
l:
215
ILC
S 5/
3.1
and
5/13
6(1)
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
215
ILC
S 5/
126.
1 to
215
ILC
S 5/
126.
32
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
SSA
P N
o. 2
5 21
5 IL
CS
5/3.
1 Pr
ovid
es li
mita
tion
on re
ceiv
able
s fro
m a
n af
filia
te th
at is
out
side
the
scop
e of
the
Man
ual
15
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
IND
IAN
A
C
itatio
n ad
optin
g th
e M
anua
l:
IC §
27-
1-3-
13;
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 2
7-1-
12-2
to 2
7-1-
12-3
.5; §
§ 27
-1-
13-3
to 2
7-1-
13-3
.5
Prov
ides
lim
itatio
ns o
n in
vestm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 2
§
27-1
-12-
2(a)
(8);
§ 27
-1-1
3-3(
a)(5
) R
equi
res t
hat C
Ds b
e cl
assi
fied
as a
cas
h eq
uiva
lent
rath
er th
an c
ash
SSA
P N
o. 2
9 §
27-1
3-12
-1; §
27-
13-3
4-16
Pr
ovid
es fo
r adm
issi
bilit
y of
shor
t-ter
m p
repa
id e
xpen
ses b
y H
MO
s and
LH
SOs
SSA
P N
o. 5
1 B
ulle
tin 1
37
Allo
ws a
diff
eren
ce in
cal
cula
ting
Uni
vers
al L
ife re
serv
es
SSA
P N
o. 6
8 §
27-1
-12-
3.5;
§ 2
7-1-
13-3
.5
Alte
rnat
e ad
mis
sibi
lity
and
amor
tizat
ion
rule
s for
goo
dwill
; allo
ws f
or a
dmis
sion
of t
rade
na
mes
and
oth
er li
ke in
tang
ible
ass
ets a
ttrib
utab
le to
any
inve
stm
ent i
n a
subs
idia
ry
16
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iona
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ocia
tion
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nce
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mis
sion
ers
IOW
A
C
itatio
n ad
optin
g th
e M
anua
l:
191
IAC
5.1
5
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§ 51
1.8
to 5
11.8
A; §
515
.35
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l SS
AP
No.
86
Act
uaria
l Gui
delin
e 35
19
1 IA
C 9
7 A
ccou
ntin
g fo
r cer
tain
der
ivat
ive
inst
rum
ents
use
d to
hed
ge th
e gr
owth
in in
tere
st c
redi
ted
for i
ndex
ed in
sura
nce
prod
ucts
and
acc
ount
ing
for t
he in
dexe
d in
sura
nce
prod
ucts
rese
rve
SSA
P N
o. 8
6 B
ulle
tin 0
6-01
A
ccou
ntin
g fo
r der
ivat
ive
inst
rum
ents
use
d to
hed
ge th
e gr
owth
in in
tere
st c
redi
ted
for i
ndex
pr
oduc
ts
17
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iona
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nce
Com
mis
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KA
NSA
S
Cita
tion
adop
ting
the
Man
ual:
K
.S.A
. § 4
0-22
5
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
K.S
.A. §
§ 40
-2a0
1 to
40-
2a28
; K
.S.A
. §§
40-2
b01
to 4
0-2b
29
Prov
ides
lim
itatio
ns o
n in
vestm
ents
that
are
out
side
the
scop
e of
the
Man
ual
A-2
00
N
ot a
dopt
ed
A-2
55
N
ot a
dopt
ed
A-5
88
N
ot a
dopt
ed
A-6
28
K.S
.A. §
§ 40
-234
b Pr
ovid
es d
iffer
ing
guid
ance
rega
rdin
g th
e st
atut
ory
prem
ium
rese
rves
for d
omes
tic ti
tle
com
pani
es
A-6
95
N
ot a
dopt
ed
A-7
85
K
.S.A
§§
40-2
21a
is su
bsta
ntia
lly si
mila
r to
Mod
el L
aw 7
85: S
ectio
ns 1
, 2, 3
, 15,
30
and
49
of A
-785
wer
e no
t ado
pted
in K
.A.R
. §§
40-1
-43;
mos
t not
able
of t
hese
sect
ions
are
15–
Val
uatio
n of
and
Req
uire
men
ts fo
r Tru
st A
sset
s, 30
–Ins
olve
ncy
of g
rant
or o
f tru
st, a
nd 4
9–C
redi
t for
une
ncum
bere
d fu
nds
18
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iona
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KE
NT
UC
KY
C
itatio
n ad
optin
g th
e M
anua
l:
KR
S §
304.
3-24
1
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
KR
S304
.7-3
61 to
KR
S 30
4.7-
473
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l A
-628
K
RS
304.
6-08
0 Pr
ovid
es u
near
ned
prem
ium
rese
rve
requ
irem
ents
for t
itle
insu
rers
diff
eren
t fro
m th
e A
P&P
Man
ual
A-8
22
806
KA
R 6
:100
Pe
rmits
stat
emen
t of a
ctua
rial o
pini
on n
ot in
clud
ing
an a
sset
ade
quac
y an
alys
is if
cer
tain
cr
iteria
is m
et
SSA
P N
o. 1
and
Pre
ambl
e K
RS
304.
49-0
70
Alte
rnat
ive
repo
rting
requ
irem
ent f
or c
aptiv
e in
sure
rs
SSA
P N
o. 2
5 K
RS
304.
6-02
0 Pr
ohib
its a
dmis
sibi
lity
of a
dvan
ces t
o of
ficer
s or d
irect
ors,
empl
oyee
s, ag
ents
and
oth
er
pers
ons
SSA
P N
o. 4
0R
KR
S 30
4.7-
350
App
rais
als f
or re
al e
stat
e m
ay b
e re
quire
d if
over
3 y
ears
old
SS
AP
No.
72
KR
S 30
4.49
-040
Pr
ovid
es th
at m
inim
um c
apita
l and
surp
lus r
equi
rem
ents
for c
aptiv
e in
sure
rs m
ay b
e su
ppor
ted
by le
tters
of c
redi
t und
er c
erta
in c
ondi
tions
, res
ultin
g in
the
lette
rs o
f cre
dit b
eing
ad
mitt
ed a
sset
s SS
AP
No.
97
KR
S 30
4.7-
350
Inve
stm
ents
in su
bsid
iarie
s may
be
valu
ed e
ither
at c
ost o
r equ
ity b
asis
SS
AP
No.
97
§ 30
4.37
-110
C
urre
nt K
Y st
atut
e lim
its in
vest
men
ts in
subs
idia
ries t
o th
e le
sser
of 1
0 pe
rcen
t of i
nsur
er’s
as
sets
or 5
0 pe
rcen
t of t
he in
sure
r’s p
olic
yhol
ders
surp
lus
19
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iona
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LO
UIS
IAN
A
C
itatio
n ad
optin
g th
e M
anua
l:
R.S
. § 2
2:57
1
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
R.S
. §§
22:5
81 to
22:
601
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l SS
AP
No.
68
R.S
. § 2
2:59
8(13
); R
.S. §
22:
599(
1)
Sets
forth
lim
itatio
ns re
gard
ing
good
will
SS
AP
No.
73
R.S
. § 2
2:24
9(1)
A
llow
s for
the
clas
sific
atio
n of
furn
iture
and
fixt
ures
as a
dmitt
ed a
sset
s by
HM
Os
20
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iona
l Ass
ocia
tion
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nce
Com
mis
sion
ers
MA
INE
C
itatio
n ad
optin
g th
e M
anua
l:
Title
24-
A §
901
-A (1
)
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
Title
24-
A §
§ 11
01 to
113
7; T
itle
24-A
§§
1151
to 1
161
Prov
ides
lim
itatio
ns o
n in
vestm
ents
that
are
out
side
the
scop
e of
the
Man
ual
21
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iona
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ocia
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nce
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mis
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ers
MA
RY
LA
ND
C
itatio
n ad
optin
g th
e M
anua
l:
Reg
ulat
ion
31.0
4.01
.04
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
Insu
ranc
e A
rticl
e §§
5-5
01 to
5-5
12;
§§ 5
-601
to 5
-609
; CO
MA
R
31.1
2.01
.04,
31.
12.0
6.02
and
31
.05.
10
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
SSA
P N
o. 2
C
OM
AR
31.
12.0
6.02
R
elat
es to
dep
osits
for m
anag
ed c
are
orga
niza
tions
SS
AP
Nos
. 4 a
nd 2
0 In
sura
nce
Arti
cle
§ 5-
511
(e) a
nd (h
) an
d §
5-60
8 (h
) and
(m)
Rel
ates
to a
dmis
sibi
lity
of g
roun
d re
nt a
nd e
quip
men
t tru
st o
blig
atio
ns
SSA
P N
o. 2
1 In
sura
nce
Arti
cle
§ 5-
101(
b)
Rel
ates
to a
dmis
sibi
lity
of in
tere
st d
ue o
r acc
rued
on
colla
tera
l loa
ns
SSA
P N
o. 2
5 In
sura
nce
Arti
cle
§§ 5
-102
, 3-1
17,
5-50
6; C
OM
AR
31.
12.0
6.02
G;
31.1
2.01
.04H
Prov
ides
lim
itatio
ns o
n ad
vanc
es to
rela
ted
parti
es
SSA
P N
os. 2
5 an
d 84
C
OM
AR
31.
12.0
6.02
F; C
OM
AR
31
.12.
01.0
4G
Prov
ides
alte
rnat
e ad
mis
sibi
lity
rule
s for
pro
vide
r and
hos
pita
l adv
ance
s and
acc
ount
re
ceiv
able
for h
ealth
car
e pr
ovid
ers
SSA
P N
os. 3
4, 3
7 an
d 83
In
sura
nce
Arti
cle
§ 5-
101
Sets
forth
diff
erin
g ad
mis
sibi
lity
rule
s reg
ardi
ng m
ortg
age
loan
s and
inte
rest
due
or
accr
ued
on su
ch lo
ans
SSA
P N
os. 4
0R a
nd 7
3 In
sura
nce
Arti
cle
§5-5
11(j)
, § 5
-606
an
d §
5-60
8(n)
; CO
MA
R
31.1
2.06
.02
Sets
forth
lim
itatio
ns re
gard
ing
real
est
ate
and
leas
ehol
d im
prov
emen
ts
SSA
P N
o. 5
7 §
5-20
6 Se
ts fo
rth th
e m
etho
dolo
gy to
cal
cula
te S
tatu
tory
Pre
miu
m R
eser
ve (S
PR) a
s wel
l as i
ts
redu
ctio
n.
SSA
P N
o. 8
4 C
OM
AR
31.
12.0
6.02
N
on-a
dmits
rece
ivab
les f
rom
a sp
ecifi
c st
ate
agen
cy th
at a
re m
ore
than
90
days
pas
t due
SS
AP
No.
86
Insu
ranc
e A
rticl
e §5
-511
Pr
ovid
es li
mita
tions
on
deriv
ativ
e in
stru
men
ts
SSA
P N
o. 9
7 In
sura
nce
Arti
cle
§ 7-
202
Prov
ides
lim
itatio
ns re
gard
ing
amou
nts t
hat c
an b
e in
vest
ed in
a su
bsid
iary
M
ultip
le
Insu
ranc
e A
rticl
e §
5-10
01 th
roug
h 5-
1005
, CO
MA
R 3
1.05
.10.
06
Sets
forth
lim
itatio
ns o
n th
e am
ount
of r
isk
on a
ny o
ne su
bjec
t of i
nsur
ance
Non
e In
sura
nce
Arti
cle
§ 5-
401
Perta
ins t
o th
e es
tabl
ishm
ent o
f a sp
ecia
l inv
estm
ent r
eser
ve a
nd su
bmis
sion
of f
inan
cial
st
atem
ents
as r
equi
red
by th
e C
omm
issi
oner
22
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nce
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MA
SSA
CH
USE
TT
S
Cita
tion
adop
ting
the
Man
ual:
§1
75:2
5; B
ulle
tin 0
0-18
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§ 17
5:63
-68
Prov
ides
for i
nves
tmen
t lim
itatio
ns w
hich
are
out
side
the
scop
e of
the
Man
ual
23
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iona
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nce
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mis
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ers
MIC
HIG
AN
C
itatio
n ad
optin
g th
e M
anua
l:
Bul
letin
200
1-02
-IN
S
C
omm
issi
oner
Ord
ers 1
4-04
7-M
, 14-
048-
M a
nd 1
4-04
9-M
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
App
endi
x C
B
ulle
tin 2
001-
02-I
NS
and
Com
mis
sion
er O
rder
A
ctua
rial G
uide
line
XX
XV
not
ado
pted
SSA
P N
o. 6
8 M
CL
500.
1305
A
llow
s life
insu
rers
to re
port
as a
n ad
mitt
ed a
sset
add
ition
al g
oodw
ill, i
n th
e fo
rm o
f val
ue o
f bu
sine
ss a
cqui
red,
at a
n am
ount
gre
ater
than
is a
llow
ed in
the
Man
ual i
f cer
tain
con
ditio
ns
are
met
SS
AP
No.
84
Com
mis
sion
er O
rder
Lo
ans a
nd a
dvan
ces t
o ho
spita
ls a
nd o
ther
pro
vide
rs a
re n
ot p
erm
itted
for H
MO
s, Li
mite
d H
ealth
Ser
vice
Org
aniz
atio
ns, D
enta
l Ser
vice
Cor
pora
tions
24
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iona
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nce
Com
mis
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MIN
NES
OTA
Cita
tion
adop
ting
the
Man
ual:
§
60A
.13,
subd
. 1
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§ 60
A.1
1; §
§ 60
L.01
to 6
0L.1
5;
§§ 6
1A.2
8 to
61A
.315
Pr
ovid
es li
mita
tions
on
inve
stmen
ts th
at a
re o
utsid
e th
e sc
ope
of th
e M
anua
l
25
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iona
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ocia
tion
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nce
Com
mis
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ers
MIS
SISS
IPPI
Cita
tion
adop
ting
the
Man
ual:
§
83-5
-55
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§ 83
-19-
51 to
83-
19-5
5 Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 2
0 §
83-1
9-51
(4)
Proh
ibits
loan
s to
stoc
khol
der,
offic
ers,
or d
irect
ors
SSA
P N
o. 5
7 §
83-1
5-7
and
83-1
5-9
Esta
blis
hes r
eser
ve re
quire
men
ts fo
r titl
e in
sure
rs
SSA
P N
o. 9
7 §
83-6
-2
Esta
blis
hes l
imita
tions
rega
rdin
g in
vest
men
ts in
subs
idia
ries
26
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ers
MIS
SOU
RI
C
itatio
n ad
optin
g th
e M
anua
l:
20 C
SR 2
00-1
.005
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§ 37
5.32
5 to
375
.355
; 375
.534
; §
375.
1070
to 3
75.1
075;
§ 3
76.2
91
to 3
76.3
11; §
379
.080
to 3
79.0
83;
§ 38
2.02
0
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
SSA
P N
o. 1
6R
§ 37
5.32
5; §
354
.315
; § 3
79.0
80; 2
0 C
SR 2
00-1
.040
(2)(
B)2
; 20
CSR
20
0-1.
050(
1)(B
)2.
Sets
forth
diff
erin
g ad
mis
sibi
lity
and
amor
tizat
ion
rule
s for
ED
P eq
uipm
ent
SSA
P N
o. 1
9 20
CSR
200
-1.0
40(3
)(E)
Pr
ovid
es d
iffer
ing
guid
ance
rela
ted
to n
onad
mitt
ance
of o
ffice
furn
iture
and
equ
ipm
ent f
or
Hea
lth M
aint
enan
ce O
rgan
izat
ions
SS
AP
No.
20
§ 37
5.32
6 A
llow
s aut
omob
iles a
s ass
ets f
or p
rope
rty a
nd c
asua
lty in
sure
rs
SSA
P N
o. 4
1 20
CSR
200
-1.0
70(5
)(C
) Pr
ovid
es d
iffer
ing
guid
ance
rega
rdin
g th
e tre
atm
ent o
f acc
rued
inte
rest
on
surp
lus n
otes
SS
AP
Nos
. 54
and
55
§ 35
4.08
0 Pr
ovid
es a
ltern
ate
rese
rvin
g re
quire
men
ts fo
r hea
lth se
rvic
es c
orpo
ratio
ns
SSA
P N
o. 5
5 §
354.
710
Sets
forth
that
pre
paid
den
tal p
lans
cal
cula
te c
laim
and
loss
rese
rves
usi
ng G
AA
P SS
AP
No.
61R
20
CSR
200
-1.0
50(1
)(B
)1.
Sets
forth
diff
erin
g ad
mis
sibi
lity
rule
s for
rein
sura
nce
reco
vera
bles
of p
repa
id d
enta
l pla
ns
SSA
P N
o. 6
1R
20 C
SR 2
00-2
.300
(5)
Sets
forth
oth
er re
quire
men
ts re
gard
ing
whe
n th
e re
insu
ranc
e co
ntra
ct m
ust b
e si
gned
SS
AP
No.
68
20 C
SR 2
00-1
.040
(2)(
B)7
; 20
CSR
20
0-1.
050(
1)(B
)7
Prov
ides
diff
eren
t rul
es fo
r adm
ittin
g an
d am
ortiz
ing
good
will
for c
erta
in h
ealth
ent
ities
SSA
P N
o. 7
3 20
CSR
200
-1.0
50
Sets
forth
alte
rnat
e ad
mis
sibi
lity
rule
s for
off
ice
equi
pmen
t ow
ned
by p
repa
id d
enta
l pla
ns
SSA
P N
o. 1
05
§376
.307
.3
Dire
ctor
’s a
ppro
val r
equi
red
for w
orki
ng c
apita
l fin
ance
inve
stm
ents
for L
ife a
nd H
ealth
in
sure
rs
27
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002-
2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
MO
NT
AN
A
C
itatio
n ad
optin
g th
e M
anua
l:
§ 33
-2-7
01
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§ 33
-12-
201
to 3
3-12
-312
Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
A-6
28
§ 33
-2-5
17
Title
insu
ranc
e un
earn
ed p
rem
ium
, ini
tially
10%
of r
isk
prem
ium
writ
ten,
redu
ced
by 5
% p
er
year
ove
r 20
year
s. Pr
eam
ble
§ 33
-28-
107
Allo
ws c
aptiv
e ris
k re
tent
ion
grou
ps to
use
GA
AP
acco
untin
g SS
AP
No.
16R
§
33-2
-501
(11)
St
ates
that
ED
P eq
uipm
ent m
ay b
e am
ortiz
ed o
ver 8
yea
rs a
nd is
lim
ited
to 1
per
cent
of
adm
itted
ass
ets
SSA
P N
o. 6
5 §
33-2
-518
(3)
Res
trict
s dis
coun
ting
of lo
ss re
serv
es to
wor
kers
com
p ta
bula
r res
erve
s onl
y an
d lim
its
disc
ount
to 4
%
SSA
P N
o. 6
8 §
33-2
-502
(1)
Sets
forth
that
goo
dwill
is a
non
adm
itted
ass
et
SSA
P N
o. 7
2 §
33-2
8-10
4 Pe
rmits
cap
tive
risk
rete
ntio
n gr
oups
to u
se le
tters
of c
redi
t to
mee
t min
imum
cap
ital a
nd
surp
lus r
equi
rem
ents
28
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002-
2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
NE
BR
ASK
A
C
itatio
n ad
optin
g th
e M
anua
l:
§ 44
-322
(B)
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 4
4-51
01 to
44-
5154
Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
A-6
95
NE
Reg
ulat
ions
, Cha
pter
80
Synt
hetic
gua
rant
eed
inve
stm
ent c
ontra
ct re
serv
es sh
ould
be
at le
ast e
qual
to th
e gr
oss
unea
rned
con
tract
fees
plu
s 30
perc
ent o
f any
exc
ess o
f con
tract
fees
rece
ived
ove
r cla
ims
paid
dur
ing
the
year
. Thi
s am
ount
shal
l be
accu
mul
ated
with
out i
nter
est.
The
max
imum
re
quire
d re
serv
e sh
all b
e 15
0 pe
rcen
t of t
he c
urre
nt a
nnua
lized
con
tract
fees
. The
rese
rve
may
be
redu
ced,
with
the
resu
lt ne
ver l
ess t
han
zero
, by
any
exce
ss o
f cla
ims p
aid
over
the
cont
ract
fees
rece
ived
dur
ing
the
year
. A
-815
N
E R
egul
atio
ns, C
hapt
er 8
4 A
llow
s the
use
of t
he p
refe
rred
200
1 C
SO m
orta
lity
tabl
e on
pol
icie
s iss
ued
1/1/
04 a
nd la
ter
A-8
30
NE
Reg
ulat
ions
, Cha
pter
71
Rem
oved
the
cons
train
ts o
n th
e X
fact
ors u
sed
to c
alcu
late
def
icie
ncy
rese
rves
SS
AP
No.
20
Bul
letin
CB
-58
Allo
ws a
ircra
ft to
be
cons
ider
ed a
n ad
mitt
ed a
sset
SS
AP
No.
41
§ 44
-221
A
llow
s int
eres
t on
surp
lus n
otes
issu
ed p
rior t
o Se
pt. 9
, 199
5, to
be
paid
with
out a
ppro
val
SSA
P N
o. 5
7 an
d A
-628
A
rticl
e 19
Titl
e In
sura
nce
§ 44
-198
8 re
serv
es
Sets
forth
diff
eren
t rat
es a
t whi
ch th
e un
earn
ed p
rem
ium
rese
rve
may
be
rele
ased
SSA
P N
o. 1
03
§§ 4
4-51
20
For f
orei
gn se
curit
ies l
oane
d, th
e co
llate
ral r
ecei
ved
on th
e tra
nsac
tion
date
mus
t be
at le
ast
equa
l to
102
perc
ent o
f the
mar
ket v
alue
of t
he lo
aned
secu
ritie
s. If
at t
he c
lose
of a
ny
busi
ness
day
the
mar
ket v
alue
of t
he c
olla
tera
l is l
ess t
han
100
perc
ent,
the
borr
ower
shal
l de
liver
, by
the
clos
e of
the
next
bus
ines
s day
, an
addi
tiona
l am
ount
of c
olla
tera
l suf
ficie
nt to
br
ing
the
mar
ket v
alue
of a
ll co
llate
ral h
eld
for t
hat l
oan
to a
t lea
st 1
02 p
erce
nt o
f mar
ket
valu
e of
the
loan
ed se
curit
ies.
29
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002-
2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
NE
VA
DA
C
itatio
n ad
optin
g th
e M
anua
l:
§ 67
9B.0
33.1
(b)
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
Prea
mbl
e N
RS
§§ 6
94C
.400
G
AA
P ac
coun
ting
requ
ired
for c
aptiv
e in
sure
rs in
clud
ing
risk
rete
ntio
n gr
oups
SS
AP
No.
16R
N
RS
681B
.010
(13)
N
RS
681B
.010
(13)
stat
es th
at E
DP
equi
pmen
t adm
itted
mus
t not
exc
eed
5 pe
rcen
t of t
he
insu
rer’
s ass
ets;
whe
reas
SSA
P N
o. 1
6 st
ates
that
ED
P eq
uipm
ent s
hall
be li
mite
d to
3
perc
ent o
f C&
S ad
just
ed to
exc
lude
any
ED
P eq
uipm
ent a
nd o
pera
ting
syst
em so
ftwar
e, n
et
defe
rred
tax
asse
ts a
nd n
et p
ositi
ve g
oodw
ill
SSA
P N
o. 2
1
NR
S §§
682
A.1
80
Prov
ides
a c
ap o
n th
e va
luat
ion
of a
col
late
ral l
oan
base
d on
90
perc
ent o
f the
val
ue o
f the
un
derly
ing
secu
rity
SSA
P N
o. 4
1 N
RS
§§ 6
94C
.250
Pr
ovid
es d
iffer
ing
guid
ance
rega
rdin
g th
e tre
atm
ent o
f sur
plus
not
es a
s equ
ity a
nd th
e ac
crue
d in
tere
st o
n su
rplu
s not
es. G
AA
P A
ccou
ntin
g cl
assi
fies s
urpl
us n
otes
as d
ebt.
Purs
uant
to S
SAP
No.
41,
cap
tive
insu
rers
may
repo
rt su
rplu
s not
es a
s equ
ity, w
ith
Com
mis
sion
er’s
app
rova
l. SS
AP
No.
62R
N
RS
§§ 6
94C
.350
, N
RS
§§ 6
94C
.400
A
ddre
sses
cre
dit f
or re
insu
ranc
e ce
ded
to a
lien
nona
ffili
ated
insu
rers
whi
ch w
rite
no p
rimar
y co
vera
ges i
n th
e U
nite
d St
ates
GA
AP
Acc
ount
ing
requ
ired
for c
aptiv
e in
sure
rs in
clud
ing
risk
rete
ntio
n gr
oups
diff
ers;
cap
tive
insu
rers
may
repo
rt re
insu
ranc
e tra
nsac
tions
pur
suan
t to
SSA
P N
o 62
R w
ith th
e C
omm
issi
oner
’s a
ppro
val
SSA
P N
o. 6
5 N
RS
§§ 6
94C
.400
Lo
ss d
isco
untin
g pe
rmitt
ed b
y ca
ptiv
e in
sure
rs u
pon
appr
oval
by
Com
mis
sion
er
SSA
P N
o. 7
2 N
RS
§§ 6
94C
.250
Pe
rmits
risk
rete
ntio
n gr
oups
to u
se le
tters
of c
redi
t to
mee
t min
imum
cap
ital a
nd su
rplu
s re
quire
men
ts
A/S
Inst
ruct
ions
N
AC
§§
694C
.210
C
aptiv
e A
ctua
rial O
pini
on a
nd C
PA A
udit
Fina
ncia
l Sta
tem
ent R
epor
t due
June
30
Info
rmat
ion
rega
rdin
g N
evad
a’s p
resc
ribed
diff
eren
ces f
rom
NA
IC S
tatu
tory
Acc
ount
ing
Prin
cipl
es sh
ould
be
obta
ined
by
cont
actin
g th
e N
evad
a D
epar
tmen
t of
Insu
ranc
e.
30
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
NE
W H
AM
PSH
IRE
C
itatio
n ad
optin
g th
e M
anua
l:
§ 40
0-A
: 36
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 4
02:2
7 to
402
:29-
d; §
§ 41
1-A
: 1
to 4
11-A
: 37
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
SSA
P N
o. 3
0 §
401-
B: 2
Se
ts fo
rth li
mita
tions
on
inve
stm
ents
in su
bsid
iarie
s
31
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
NE
W J
ER
SEY
C
itatio
n ad
optin
g th
e M
anua
l:
§ 17
-23
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 1
7:24
-1 to
17:
24-1
6 (A
ll); §
§ 17
:24-
28 to
17:
24-3
6 (P
/C);
§§ 1
7B:
20-1
to 1
7B: 2
0-8
(Life
/Hea
lth)
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
SSA
P N
o. 1
6R
§ 11
:2-4
R
egar
ding
the
cost
of E
DP
equi
pmen
t SS
AP
No.
40R
§
17B
: 20-
1 Li
mits
am
ount
of r
eal e
stat
e he
ld fo
r im
prov
emen
t or a
cqui
red
with
a p
lan
for d
evel
opm
ent
SSA
P N
o. 5
4 §
11:4
-6
Sets
forth
min
imum
rese
rve
stan
dard
s for
acc
iden
t and
hea
lth c
ontra
cts
SSA
P N
o. 5
5 §
17B
: 19-
8d
Reg
ardi
ng in
tere
st ra
tes u
sed
in d
eter
min
ing
aggr
egat
e re
serv
e fo
r any
cat
egor
y of
pol
icie
s SS
AP
No.
57
§ 17
:46B
-15
Add
ress
es th
e st
atut
ory
prem
ium
rese
rve
for t
itle
insu
rers
SS
AP
No.
58
§ 17
:46A
-3
Reg
ardi
ng c
ontri
butio
ns to
stat
utor
y co
ntin
genc
y re
serv
e by
mor
tgag
e gu
aran
tee
insu
rers
32
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Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
NEW
MEX
ICO
C
itatio
n ad
optin
g th
e M
anua
l:
§ 59
A-5
-29
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 5
9A-9
-1 to
59A
-9-2
7 Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 1
6R
§ 59
A-8
-1-L
A
ltern
ate
adm
issi
bilit
y an
d de
prec
iatio
n ru
les f
or E
DP
equi
pmen
t SS
AP
No.
21
§ 59
A-8
-1-B
(7)
Allo
ws f
or th
e cl
assi
ficat
ion
of c
erta
in ta
xes o
n re
al p
rope
rty a
s an
adm
itted
ass
et
SSA
P N
os. 3
4 an
d 37
§
59A
-8-1
-B(5
) Pr
ovid
es a
ltern
ate
adm
issi
bilit
y ru
les f
or o
verd
ue in
tere
st SS
AP
No.
40R
§
59A
-8-1
5 R
equi
res t
hat a
ppra
isal
s be
no m
ore
than
thre
e ye
ars o
ld
SSA
P N
o. 5
3 §
59A
-8-9
Pr
ovid
es fo
r the
cal
cula
tion
of th
e un
earn
ed p
rem
ium
rese
rve
that
is n
ot in
clud
ed in
the
Man
ual
SSA
P N
o. 5
5 A
dmin
istra
tive
Dire
ctiv
e –
2/ 2
7/13
R
epor
ting
entit
y H
MO
s tha
t ow
n ho
spita
ls a
nd o
ther
pro
vide
rs sh
all r
epor
t the
aff
iliat
ed
prov
ider
ope
ratio
ns a
s gro
ss a
mou
nts.
This
incl
udes
all
unpa
id c
laim
s and
ass
ocia
ted
heal
thca
re re
ceiv
able
s tha
t are
nor
mal
ly e
limin
ated
with
in a
GA
AP
cons
olid
atio
n. A
s st
atut
ory
acco
untin
g re
quire
s leg
al e
ntity
repo
rting
, thi
s is a
cla
rific
atio
n.
SSA
P N
o. 5
7 §
59A
-8-1
-M
Gui
danc
e re
lativ
e to
inve
stm
ent i
n tit
le p
lant
and
diff
erin
g ad
mis
sibi
lity
treat
men
t of
prem
ium
s and
fees
for t
itle
insu
rers
SS
AP
No.
58
§ 59
A-8
-12-
B
Con
tain
s diff
erin
g re
quire
men
ts fo
r cal
cula
ting
the
cont
inge
ncy
rese
rve
SSA
P N
o. 6
2R
§ 59
A-8
-1-E
Pr
ovid
es a
ltern
ativ
e ad
mis
sibi
lity
rule
s for
rein
sura
nce
prem
ium
s ove
r 90
days
pas
t due
SS
AP
No.
68
§ 59
A-8
-2-A
(1)
Stat
es th
at g
oodw
ill is
a n
onad
mitt
ed a
sset
SS
AP
No.
92
Adm
inis
trativ
e D
irect
ive
– 10
/3/1
3 R
epor
ting
entit
y Pr
oper
ty a
nd C
asua
lty C
ompa
nies
shal
l be
allo
wed
to e
xpen
se o
blig
atio
ns
for s
ettle
men
t Def
ined
Ben
efit
Pens
ion
Plan
to “
Oth
er E
xpen
se”
or M
isce
llane
ous I
ncom
e (E
xpen
se) W
rite-
In (p
age
4, li
ne 1
4) a
s tha
t exp
ense
is in
curr
ed w
hen
it is
evi
dent
that
no
cred
it fo
r tim
e se
rved
has
bee
n gi
ven
to a
ny p
artic
ipan
ts u
nder
the
plan
sinc
e 6
year
s prio
r to
the
curr
ent r
epor
ting
perio
d SS
AP
No.
97
§
59A
-8-1
4-C
Su
bsid
iary
inve
stm
ents
may
be
valu
ed u
sing
onl
y th
e eq
uity
met
hod
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W Y
OR
K
C
itatio
n ad
optin
g th
e M
anua
l:
11 N
YC
RR
§ 8
3 - R
egul
atio
n 17
2
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
Ins.
Law
§§
1401
to 1
414
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l SS
AP
No.
6
11 N
YC
RR
§ 8
3.4(
a)
Prov
ides
add
ition
al g
uida
nce
rela
ted
to p
rem
ium
acc
rual
s per
tain
ing
to g
uara
ntee
d ra
tes o
f ce
rtain
hea
lth e
ntiti
es a
nd o
verd
ue p
rem
ium
s fro
m g
over
nmen
tal e
ntiti
es
SSA
P N
o. 1
6R
11 N
YC
RR
§ 8
3.4(
c)
Sets
forth
diff
erin
g gu
idan
ce fo
r ele
ctro
nic
data
pro
cess
ing
equi
pmen
t and
cer
tain
softw
are
for h
ealth
com
pani
es
SSA
P N
o. 1
9 11
NY
CR
R §
83.
4(d)
A
llow
s for
adm
issi
bilit
y of
cer
tain
leas
ehol
d im
prov
emen
ts c
apita
lized
prio
r to
Jan.
1, 2
001,
fo
r cer
tain
hea
lth e
ntiti
es
SSA
P N
o. 2
0 11
NY
CR
R §
83.
4(e)
(2)
Expr
essl
y pr
ohib
its lo
ans t
o of
ficer
s or d
irect
ors
SSA
P N
o. 2
2 11
NY
CR
R §
83.
4(f)
A
llow
s for
adm
issi
bilit
y of
cer
tain
leas
es c
apita
lized
prio
r to
Jan.
1, 2
001,
for c
erta
in h
ealth
en
titie
s SS
AP
No.
25
11 N
YC
RR
§ 8
3.4(
g)(2
) Es
tabl
ishe
s gui
delin
es fo
r inv
estm
ents
in p
aren
ts a
nd a
ffilia
tes b
y P/
C in
sure
rs a
nd c
erta
in
heal
th e
ntiti
es
SSA
P N
os. 2
5 an
d 97
11
NY
CR
R §
83.
4(g)
(1);
11
NY
CR
R §
83.
4(k)
(1)
Prov
ides
the
Supe
rinte
nden
t with
the
auth
ority
to d
eter
min
e w
heth
er c
ontro
l exi
sts
SSA
P N
o. 2
9 11
NY
CR
R §
83.
4(h)
Pr
ovid
es a
ltern
ate
guid
ance
for p
repa
id e
xpen
ses
SSA
P N
o. 3
5R
11 N
YC
RR
§ 8
3.4(
i) In
clud
es a
dditi
onal
gui
danc
e re
gard
ing
the
adm
issi
bilit
y of
cer
tain
reco
vera
bles
per
tain
ing
to
heal
th e
ntiti
es
SSA
P N
o. 4
0R
11 N
YC
RR
§ 8
3.4
(j)
Prov
ides
gui
danc
e fo
r val
uing
real
est
ate
for c
erta
in h
ealth
insu
rers
SS
AP
No.
57
11 N
YC
RR
§ 8
3.4(
l) Se
ts fo
rth d
iffer
ing
limita
tions
on
the
inve
stm
ent i
n a
title
pla
nt fo
r titl
e in
sure
rs
SSA
P N
o. 6
1R
11 N
YC
RR
§ 8
3.4(
t) Pr
ovid
es a
dditi
onal
gui
danc
e fo
r adm
issi
bilit
y of
Def
erre
d Pr
emiu
m A
sset
s SS
AP
No.
62R
11
NY
CR
R §
83.
4(m
)(1)
Pr
ovid
es a
dditi
onal
gui
danc
e re
late
d to
rein
sura
nce
prem
ium
s pas
t due
SS
AP
No.
62R
11
NY
CR
R §
83.
4(m
)(2)
Se
ts fo
rth d
iffer
ing
treat
men
t for
loss
por
tfolio
tran
sfer
s eff
ectiv
e pr
ior t
o Ja
n. 1
, 200
1 SS
AP
No.
64
11 N
YC
RR
§ 8
3.4(
n)
Esta
blis
hes d
iffer
ent g
uida
nce
rela
tive
to c
laim
ove
rpay
men
ts fo
r hea
lth e
ntiti
es
SSA
P N
o. 6
5 11
NY
CR
R §
83.
4(o)
St
ates
that
non
-tabu
lar r
eser
ves a
nd m
edic
al c
laim
s sha
ll be
dis
coun
ted;
IBN
R a
nd u
npai
d LA
E sh
all n
ot b
e di
scou
nted
SS
AP
Nos
. 68
and
97
13 N
YC
RR
§ 8
3.4
(k)(
2)
Prov
ides
gui
danc
e fo
r rec
ordi
ng in
vest
men
ts in
subs
idia
ries t
hat a
re c
erta
in h
ealth
ent
ities
w
hich
car
ry g
oodw
ill a
s an
asse
t SS
AP
No.
68
11 N
YC
RR
§ 8
3.4(
p)
Prov
ides
alte
rnat
ive
adm
issi
bilit
y ru
les f
or g
oodw
ill fo
r cer
tain
hea
lth c
ompa
nies
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NE
W Y
OR
K (c
ont.)
Cita
tion
adop
ting
the
Man
ual:
11
NY
CR
R §
83
- Reg
ulat
ion
172
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
SSA
P N
o. 7
3 11
NY
CR
R §
83.
4(q)
Pr
ovid
es fo
r diff
erin
g de
prec
iatio
n ru
les f
or h
ealth
car
e de
liver
y as
sets
SS
AP
No.
74
11 N
YC
RR
§ 8
3.4(
r)
Doe
s not
per
mit
an in
sure
r to
redu
ce it
s los
s res
erve
s by
any
cred
its o
ther
than
rein
sura
nce
SSA
P N
o. 8
4 11
NY
CR
R §
83.
4(s)
(1)(
2)
Sets
forth
alte
rnat
ive
adm
issi
bilit
y ru
les f
or p
harm
aceu
tical
reba
tes a
nd u
nsec
ured
hea
lth
rece
ivab
les
SSA
P N
o. 1
01
11 N
YC
RR
§ 8
3.4(
b)
Prov
ides
diff
erin
g gu
idan
ce re
gard
ing
inco
me
tax
reco
vera
bles
35
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iona
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nce
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mis
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NO
RT
H C
AR
OL
INA
C
itatio
n ad
optin
g th
e M
anua
l:
§ 58
-2-1
65
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 5
8-7-
165
to 5
8-7-
188
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l SS
AP
Nos
. 4, 1
9, 2
9 an
d 73
§
58-7
-162
(13)
A
llow
s an
insu
rer t
o ad
mit
othe
r ass
ets a
t val
ues t
o be
det
erm
ined
by
the
Com
mis
sion
er th
at
coul
d po
ssib
ly in
clud
e as
sets
def
ined
by
the
SSA
P as
bei
ng n
onad
mis
sibl
e (i.
e., a
sset
s not
sp
ecifi
cally
add
ress
ed)
SSA
P N
o. 6
§
58-7
-162
(6);
11N
CA
C; 1
1C.0
206
Sets
forth
that
if p
rem
ium
s in
cour
se o
f col
lect
ion
are
due
from
any
per
son
that
sole
ly, o
r in
com
bina
tion
with
the
pers
on’s
aff
iliat
es, o
wes
an
amou
nt th
at e
qual
s or e
xcee
ds 5
per
cent
of
the
insu
rer’
s sur
plus
, suc
h am
ount
s can
onl
y be
repo
rted
as a
dmitt
ed a
sset
s if c
erta
in
requ
irem
ents
are
met
SS
AP
No.
25
§ 58
-7-1
63(2
) Pr
ohib
its th
e ad
mis
sibi
lity
of a
dvan
ces t
o of
ficer
s, di
rect
ors,
cont
rolli
ng st
ockh
olde
rs,
empl
oyee
s, ag
ents
and
oth
er p
erso
ns
SSA
P N
o. 2
5 §
58-7
-200
(c) a
nd (e
)(5)
Pr
ohib
its a
n in
sure
r fro
m m
akin
g lo
ans t
o di
rect
ors,
offic
ers,
cont
rolli
ng st
ockh
olde
rs a
nd
entit
ies i
n w
hich
such
per
sons
are
subs
tant
ially
inte
rest
ed
SSA
P N
o. 3
0, p
arag
raph
14
§58-
7-16
3(9)
R
equi
res a
sset
s tha
t are
enc
umbe
red
to b
e no
nadm
itted
SS
AP
Nos
. 53
and
58
§ 58
-3-7
2(d)
D
oes n
ot a
llow
a re
duct
ion
for a
ntic
ipat
ed in
vest
men
t inc
ome
in th
e de
term
inat
ion
of th
e pr
emiu
m d
efic
ienc
y re
serv
e, u
nles
s prio
r app
rova
l fro
m th
e co
mm
issi
oner
is o
btai
ned
SSA
P N
o. 5
7 §
58-2
6-15
Li
mits
the
amou
nt g
uara
ntee
d or
insu
red
in a
ny o
ne ri
sk o
n re
al p
rope
rty lo
cate
d in
Nor
th
Car
olin
a to
40
perc
ent o
f a ti
tle in
sure
r’s c
ombi
ned
capi
tal a
nd su
rplu
s, un
less
prio
r app
rova
l of
the
com
mis
sion
er is
obt
aine
d SS
AP
No.
57
§ 58
-26-
25
Sets
forth
a d
iffer
ent c
alcu
latio
n of
the
unea
rned
pre
miu
m re
serv
e fo
r titl
e in
sura
nce
com
pani
es
SSA
P N
o. 5
8 §
58-1
0-13
0 Se
ts fo
rth a
diff
eren
t cal
cula
tion
of th
e un
earn
ed p
rem
ium
rese
rve
for m
ortg
age
guar
anty
in
sure
rs
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iona
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NO
RT
H D
AK
OT
A
C
itatio
n ad
optin
g th
e M
anua
l:
§ 45
-03-
15-0
1
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 2
6.1-
05-1
8 to
26.
1-05
-21
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l SS
AP
No.
16R
§
26.1
-05-
19
Sets
forth
diff
erin
g de
prec
iatio
n pe
riod
for E
DP
equi
pmen
t and
softw
are
SSA
P N
o. 2
0 §
26.1
-05-
18
Expr
essl
y pr
ohib
its lo
ans t
o of
ficer
s or d
irect
ors o
r any
of t
heir
imm
edia
te fa
mily
. SS
AP
No.
26
Bul
letin
201
0-2
Allo
ws d
omes
tic in
sure
rs to
acc
ount
for l
ong-
term
CD
s as c
ash
unde
r cer
tain
con
ditio
ns
SSA
P N
o. 9
7 §
26.1
-10-
02
Esta
blis
hes l
imita
tions
rega
rdin
g in
vest
men
ts in
subs
idia
ries
37
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nce
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OH
IO
C
itatio
n ad
optin
g th
e M
anua
l:
Adm
inis
trativ
e R
ule
3901
-3-1
8(E)
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 3
907.
14 to
390
7.14
1 (L
ife);
§§
3925
.05
to 3
925.
09; §
392
5.20
(N
on-li
fe)
Prov
ides
lim
itatio
ns o
n in
vestm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 5
7 O
RC
395
3.11
(Titl
e co
s.)
Esta
blis
hmen
t of s
tatu
tory
pre
miu
m re
serv
e –
prov
ides
a c
alcu
latio
n m
etho
d th
at d
iffer
s fro
m
the
Man
ual
SSA
P N
o. 5
7 O
RC
395
3.14
(Titl
e co
s.)
Prov
ides
for p
oten
tial t
hat a
title
pla
n in
vest
men
t cou
ld e
xcee
d va
luat
ion
rest
rictio
ns in
the
Man
ual
SSA
P N
o. 9
7 O
RC
396
4.19
4(C
)and
(D)
Prov
ides
for i
nves
tmen
t in
an O
hio
spec
ial p
urpo
se c
aptiv
e to
be
at a
udite
d st
atut
ory
equi
ty
adju
sted
for a
ny a
ppro
ved
alte
rnat
ive
rese
rvin
g m
etho
dolo
gy.
38
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iona
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tion
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nce
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mis
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OK
LA
HO
MA
C
itatio
n ad
optin
g th
e M
anua
l:
Title
36
O.S
. § 3
11
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
Title
36
§§ 1
601
to 1
629
Prov
ides
lim
itatio
ns o
n in
vestm
ents
that
are
out
side
the
scop
e of
the
Man
ual
39
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iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
OR
EG
ON
C
itatio
n ad
optin
g th
e M
anua
l:
Insu
ranc
e D
ivis
ion
Bul
letin
INS
2003
-5
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 7
33.5
10 to
733
.780
Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
40
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iona
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tion
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nce
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mis
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ers
PEN
NSY
LV
AN
IA
Cita
tion
adop
ting
the
Man
ual:
In
s Dep
t. N
otic
es N
o. 2
014-
12
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
Sect
ions
404
.1—
406.
1 (L
ife) a
nd
518-
B—
519.
1 (F
ire/M
arin
e) o
f The
In
sura
nce
Com
pany
Law
of 1
921
(40
P.S.
§§
504.
1—50
6.1
and
653b
—65
4.1)
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
A-7
85
31 P
a. C
ode,
Cha
pter
161
.6
Rel
ates
to th
e re
voca
tion
of a
qua
lifie
d re
insu
rer
SSA
P N
o. 4
A
rticl
e X
XIV
of t
he In
sura
nce
Com
pany
Law
of 1
921
(40
P.S.
§9
91.2
434(
d))
Rel
ates
to p
aym
ent o
f def
icie
ncie
s for
Fra
tern
al B
enef
it So
ciet
ies
SSA
P N
o. 5
3 Se
ctio
n 10
08 o
f The
Insu
ranc
e C
ompa
ny L
aw o
f 192
1 (4
0 P.
S. §
96
8)
Rel
ates
to p
rem
ium
rese
rves
of r
ecip
roca
l and
inte
r-in
sura
nce
exch
ange
s
SSA
P N
o. 5
3 Se
ctio
n 66
1 of
The
Insu
ranc
e C
ompa
ny L
aw o
f 192
1 (4
0 P.
S. §
83
2)
App
licab
le to
une
arne
d pr
emiu
m re
serv
es fo
r sur
ety
com
pani
es
SSA
P N
o. 5
4 an
d A
-010
31
Pa.
Cod
e, C
hapt
er 8
4a
Rel
ates
to m
inim
um re
serv
e st
anda
rds f
or in
divi
dual
and
gro
up h
ealth
and
acc
iden
t ins
uran
ce
cont
ract
s SS
AP
Nos
. 55
and
65
31 P
a. C
ode,
Cha
pter
116
R
elat
es to
dis
coun
ting
of w
orke
rs’ c
ompe
nsat
ion
loss
rese
rves
SSA
P N
o. 5
7 an
d A
-628
Se
ctio
ns 7
14-7
16 o
f The
Insu
ranc
e C
ompa
ny L
aw o
f 192
1 (4
0 P.
S. §
§ 91
0-14
to 9
10-1
6)
As r
egar
ds u
near
ned
prem
ium
rese
rves
of t
itle
insu
rers
SSA
P N
o. 6
2R a
nd A
-785
Se
ctio
n 31
9.1
of th
e In
sura
nce
C
ompa
ny L
aw o
f 192
1 (4
0 P.
S.
§442
.1(b
)(5)
)
Rel
ates
to a
ny o
ther
form
of s
ecur
ity a
ccep
tabl
e to
the
Insu
ranc
e C
omm
issi
oner
41
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iona
l Ass
ocia
tion
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nce
Com
mis
sion
ers
RH
OD
E IS
LA
ND
C
itatio
n ad
optin
g th
e M
anua
l:
§ 27
-12-
1
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 2
7-11
-1 to
27-
11-3
(Life
); §§
27-
11.1
-1 to
27-
11.1
-8
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
42
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iona
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tion
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nce
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mis
sion
ers
SOU
TH
CA
RO
LIN
A
C
itatio
n ad
optin
g th
e M
anua
l:
Ins.
Dep
t. B
ulle
tin N
o. 2
000-
13
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 3
8-12
-10
to 3
8-12
-520
Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 5
3
Bul
letin
201
0-11
R
elat
es to
repo
rting
of d
irect
writ
ten
prem
ium
s for
bai
l bon
ds
SSA
P N
o. 5
3 B
ulle
tin 2
012-
02
Cla
rific
atio
n an
d re
min
der o
f iss
ues a
ddre
ssed
in D
epar
tmen
t Bul
letin
201
0-11
rega
rdin
g th
e re
porti
ng o
f dire
ct w
ritte
n pr
emiu
ms f
or b
ail b
onds
SS
AP
No.
53
Bul
letin
201
3-10
C
larif
y an
d am
end
Dep
artm
ent B
ulle
tin 2
012-
02 g
over
ning
the
repo
rting
of g
ross
(tot
al)
prem
ium
s for
sure
ty b
onds
in th
is st
ate
43
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iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
SOU
TH
DA
KO
TA
C
itatio
n ad
optin
g th
e M
anua
l:
AR
SD 2
0:06
:25
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 5
8-27
-1 to
58-
27-1
11
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l A
-628
§
58-2
5-22
Pr
ovid
es d
iffer
ing
guid
ance
as t
o th
e st
atut
ory
prem
ium
rese
rve
for t
itle
com
pani
es
SSA
P N
o. 3
A
RSD
20:
06:2
5:01
.01
Sets
forth
rule
s reg
ardi
ng c
hang
es in
acc
ount
ing
estim
ates
for i
nsur
ers w
ritin
g su
rety
bon
ds
guar
ante
eing
stud
ent l
oan
repa
ymen
ts. C
hang
es m
ay b
e am
ortiz
ed o
ver t
he re
mai
ning
life
of
the
loan
s. SS
AP
No.
16R
§
58-2
6-1
(11)
Pr
ovid
es d
iffer
ing
adm
issi
bilit
y an
d am
ortiz
atio
n ru
les f
or E
DP
equi
pmen
t SS
AP
No.
25
§ 58
-26-
10 (2
) Pr
ohib
its th
e ad
mis
sibi
lity
of a
dvan
ces t
o of
ficer
s, em
ploy
ees,
repr
esen
tativ
es, p
rodu
cers
and
ot
her p
erso
ns
SSA
P N
o. 5
3 A
RSD
20:
06:2
5:01
.01
Allo
ws f
or in
sure
rs w
ritin
g su
rety
bon
ds g
uara
ntee
ing
stud
ent l
oan
repa
ymen
ts to
reco
gniz
e pr
emiu
ms w
hen
due
SSA
P N
o. 5
3 A
RSD
20:
06:2
5:01
.02
Rel
ates
to w
ritte
n pr
emiu
m o
f bai
l bon
ds
SSA
P N
o. 5
7 §
58-2
7-11
0 Se
ts fo
rth li
mita
tions
on
title
pla
nt to
25
perc
ent o
f ass
ets
SSA
P N
o. 6
0 A
RSD
20:
06:2
5:01
.01
Allo
ws i
nsur
ers w
ritin
g su
rety
bon
ds g
uara
ntee
ing
stud
ent l
oan
repa
ymen
ts to
com
pute
un
earn
ed p
rem
ium
s bas
ed o
n th
eir c
laim
s and
exp
ense
pat
tern
s SS
AP
No.
68
§
58-2
6-10
(1) &
58-
26-1
(13)
Pr
ovid
es th
at g
oodw
ill a
risin
g fr
om a
cqui
sitio
ns a
nd m
erge
rs o
ccur
ring
afte
r Jan
. 1, 2
001,
is
an a
dmitt
ed a
sset
SS
AP
No.
73
SDC
L C
hapt
er 2
6 R
equi
res t
hat h
ealth
car
e de
liver
y as
sets
be
nona
dmitt
ed
SSA
P N
o. 1
03
§ 58
-27-
81
For s
ecur
ities
lend
ing,
repu
rcha
se, r
ever
se re
purc
hase
and
dol
lar r
oll t
rans
actio
ns, s
tate
s tha
t 10
0 pe
rcen
t col
late
ral i
s req
uire
d at
all
times
44
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iona
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nce
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ers
TE
NN
ESS
EE
C
itatio
n ad
optin
g th
e M
anua
l:
§ 56
-1-5
01(g
)
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 5
6-3-
301
to 5
6-3-
307
(Life
); §§
56
-3-4
01 to
56-
3-40
9 (N
on-li
fe)
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l
SSA
P N
o. 4
§
56-1
-405
A
ddre
sses
adm
issi
bilit
y of
spec
ial d
epos
its w
ith o
ther
stat
es
SSA
P N
o. 2
5 §
56-1
-405
R
elat
es to
adm
issi
bilit
y of
rece
ivab
les f
rom
par
ent c
ompa
ny
SSA
P N
os. 6
1R a
nd 6
2R
§ 56
-1-4
05
Sets
forth
adm
issi
bilit
y ru
les r
egar
ding
une
arne
d co
mm
issi
ons o
n re
insu
ranc
e ce
ded
SSA
P N
o. 6
8 §
56-1
-405
A
ddre
sses
adm
issi
bilit
y of
goo
dwill
45
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iona
l Ass
ocia
tion
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nce
Com
mis
sion
ers
TEX
AS
C
itatio
n ad
optin
g th
e M
anua
l:
28 T
AC
§ 7
.18
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
Cha
pter
s 424
and
425
, § 8
62.0
02
and
§ 86
1.25
8 Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 4
§§
424
.072
, 424
.052
and
425
.152
; 28
TA
C §
11.
803
(2)(
N)
Allo
ws i
nsur
ers a
nd H
MO
s to
inve
st, u
p to
cer
tain
lim
itatio
ns, i
n in
vest
men
ts n
ot o
ther
wis
e au
thor
ized
and
not
spec
ifica
lly p
rohi
bite
d SS
AP
No.
4
§§ 8
41.4
01 –
841
.419
A
llow
s lim
ited
purp
ose
subs
idia
ries t
hat o
nly
rein
sure
XX
X re
serv
es fr
om a
ffili
ates
to re
cord
gu
aran
tees
from
qua
lifyi
ng a
ffili
ates
as a
n ad
mitt
ed a
sset
SS
AP
No.
16R
§§
841
.004
, 861
.255
, 862
.003
; 28
TAC
§§
7.18
(c)(
2)(B
) and
11.
803
(3)(
C)(
iii)
Allo
ws E
DP
equi
pmen
t acq
uire
d pr
ior t
o Ja
n. 1
, 200
1, to
be
amor
tized
ove
r a 1
0-ye
ar p
erio
d
SSA
P. N
o. 1
9 §§
841
.004
, 861
.255
, 862
.003
; 28
TAC
§§
7.18
(c)(
2)(C
) and
11.
803
(3)(
C)(
i) an
d (ii
)
Allo
ws t
he a
dmis
sibi
lity
of fu
rnitu
re a
nd e
quip
men
t
SSA
P N
o. 2
0 28
TA
C §
11.
803
(3)(
C)(
ii)
Allo
ws H
MO
s to
adm
it ve
hicl
es u
sed
in c
onne
ctio
n w
ith h
ealth
car
e se
rvic
es
SSA
P N
o. 2
5 28
TA
C §
7.1
8 (c
)(2)
(A)
Any
inte
rcom
pany
bal
ance
s tha
t are
mor
e th
an 9
0 da
ys o
ld a
re n
onad
mitt
ed
SSA
P N
o. 3
5R
§§ 4
62.1
57, 4
63.1
61, a
nd 4
63.1
62
Prov
ides
spec
ific
acco
untin
g gu
idan
ce fo
r gua
rant
y fu
nd a
sses
smen
ts
SSA
P N
os. 3
7 an
d 38
§§
424
.064
(d) a
nd 4
25.1
19 (f
) Sp
ecifi
cally
pro
hibi
ts c
onst
ruct
ion
loan
s for
resi
dent
ial p
rope
rty
SSA
P N
o. 4
0R
§ 42
5.11
9 (b
) A
llow
s 30
perc
ent o
ccup
ancy
to b
e co
nsid
ered
pro
perty
occ
upie
d by
the
com
pany
SS
AP
No.
41
§ 42
7.05
5, 8
82.2
53, 9
12.3
09,
942.
158;
28
TAC
§ 7
.7
The
Dep
artm
ent m
ust a
ppro
ve su
rplu
s not
e pa
ymen
t sch
edul
e; o
nly
amou
nts t
hat a
re d
ue a
re
adm
issi
ble
by o
wne
r of n
ote.
SS
AP
No.
51
28 T
AC
§§
3.15
01 –
3.1
505;
3.
1608
; 3.6
101;
§ 4
25.0
58 (l
) Sp
ecifi
c ef
fect
ive
date
s for
ann
uity
tabl
es; e
xem
pts T
exas
-onl
y do
mes
tics f
rom
ass
et
adeq
uacy
ana
lysi
s; 1
00%
of 1
980
CSO
Mor
talit
y Ta
ble
at 5
.5%
inte
rest
for c
redi
t life
pol
icy
min
imum
rese
rves
for i
ssue
s prio
r to
1/1/
2009
,pro
vide
s for
the
use
of 2
001
CSO
Mor
talit
y Ta
ble
for s
uch
rese
rves
for i
ssue
s on
or a
fter 1
/1/2
009
SSA
P N
o. 5
2 28
TA
C §
3.1
608
Exem
pts T
exas
-onl
y do
mes
tics f
rom
ass
et a
dequ
acy
anal
ysis
SS
AP
No.
53
Wor
kers
’ com
p m
anua
l; 8
62.1
02
§A
llow
s var
ious
met
hods
for c
alcu
latin
g un
earn
ed p
rem
ium
rese
rve
SSA
P N
os. 5
3 an
d 71
H
B 1
047
§221
.002
(c)
§350
3.20
2
Bai
l bon
d w
riter
s are
exe
mpt
from
boo
king
une
arne
d pr
emiu
m a
nd m
ay re
port
prem
ium
net
of
com
mis
sion
s or f
unds
pai
d to
bai
l bon
d ag
ents
; the
re is
no
reco
gniti
on o
f com
mis
sion
pai
d to
bai
l bon
d ag
ents
.
46
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nce
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mis
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ers
TE
XA
S (c
ont.)
C
itatio
n ad
optin
g th
e M
anua
l:
28TA
C §
7.1
8
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
SSA
P N
o. 5
4 28
TA
C §
§ 3.
1608
; 3.7
009
Exem
pts T
exas
-onl
y do
mes
tics f
rom
ass
et a
dequ
acy
anal
ysis
; app
lies c
ontra
ct re
serv
es
requ
irem
ents
for b
usin
ess p
urch
ased
afte
r eff
ectiv
e da
te o
f Mar
ch 2
009
SSA
P N
o. 5
7 §§
255
1.25
1 th
ru 2
551.
261
Spec
ific
requ
irem
ents
for t
itle
com
pany
rese
rves
and
inve
stmen
ts
SSA
P N
o. 5
8 C
hapt
er 3
502
Lim
itatio
ns o
n ag
greg
ate
risk
SSA
P N
o. 5
9 28
TA
C §
3.6
101
and
3.61
02
Spec
ific
rese
rve
requ
irem
ents
for c
redi
t life
& c
redi
t dis
abili
ty fo
r pol
icie
s iss
ued
prio
r to
1/1/
09
SSA
P N
o. 6
1R
28 T
AC
§ 3
.700
9 Sp
ecifi
c re
quire
men
ts fo
r pur
chas
e or
ass
umpt
ion
of A
&H
bus
ines
s SS
AP
No.
73
28 T
AC
§ 1
1.80
3 (3
)(C
) and
(D)
Allo
ws H
MO
s to
adm
it fu
rnitu
re a
nd e
quip
men
t use
d in
adm
inis
tratio
n an
d al
low
s diff
eren
t m
etho
d of
dep
reci
atio
n SS
AP
No.
97
Cha
pter
823
, Sub
chap
ter G
A
llow
s six
val
uatio
n al
tern
ativ
es fo
r sub
sidi
arie
s and
aff
iliat
es
Man
ual
28 T
AC
§ 7
.18(
d)
Exem
pts f
arm
mut
uals
, mut
ual a
sses
smen
t, m
utua
l aid
and
mut
ual b
uria
l ass
ocia
tions
with
le
ss th
an $
6 m
illio
n in
pre
miu
m fr
om c
ompl
ying
with
the
Man
ual
47
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nce
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mis
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UT
AH
Cita
tion
adop
ting
the
Man
ual:
§
31A
-17-
201
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 3
1A-1
8-10
1 to
31A
-18-
110
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l A
-001
§§
31A
-18-
105(
16)
Perm
its c
erta
in fo
reig
n in
vest
men
ts o
utsi
de th
e sc
ope
of th
e M
anua
l
48
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iona
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nce
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mis
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ers
VE
RM
ON
T
C
itatio
n ad
optin
g th
e M
anua
l:
tit. 8
V.S
.A. §
356
1 an
d §6
007(
b)
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
Prea
mbl
e Ti
tle 8
§ 6
007(
b)
GA
AP
acco
untin
g pe
rmitt
ed fo
r ris
k re
tent
ion
grou
ps
SSA
P N
o. 6
5 Pe
rmitt
ed b
y G
AA
P Lo
ss d
isco
untin
g pe
rmitt
ed in
cer
tain
risk
rete
ntio
n gr
oup
situ
atio
ns w
ith D
epar
tmen
t ap
prov
al
SSA
P N
o. 7
2 Ti
tle 8
§ 6
007
Perm
its ri
sk re
tent
ion
grou
ps to
use
lette
rs o
f cre
dit t
o m
eet m
inim
um c
apita
l and
surp
lus
requ
irem
ents
49
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2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
VIR
GIN
IA
C
itatio
n ad
optin
g th
e M
anua
l:
§ 3
8.2-
1300
; § 3
8.2-
1306
.2; §
38.
2-13
06.3
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 3
8.2-
1400
to 3
8.2-
1447
Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
A-0
10, A
-812
and
A-8
20
Mul
tiple
stat
utes
and
rule
s V
A re
cogn
izes
all
or m
ost a
ctua
rial t
able
s cite
d by
app
endi
ces;
how
ever
, dat
es a
nd sc
ope
of
appl
icat
ion
may
diff
er
SSA
P N
o. 5
7 an
d A
-628
§
38.2
-461
0.1
Sets
forth
diff
eren
t rat
es a
t whi
ch th
e un
earn
ed p
rem
ium
rese
rve
may
be
rele
ased
by
dom
estic
title
insu
ranc
e co
mpa
nies
SS
AP
No.
59
§ 38
.2-3
723
and
§ 38
.2-3
729
C
Stat
ute
pres
crib
es th
e m
inim
um re
serv
e st
anda
rd a
s the
198
5 C
omm
issi
oner
s’ In
divi
dual
D
isab
ility
Tab
le A
for s
ingl
e pr
emiu
m c
redi
t dis
abili
ty c
ontra
cts h
avin
g le
ss th
an a
15-
day
elim
inat
ion
perio
d.
50
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2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
WA
SHIN
GT
ON
C
itatio
n ad
optin
g th
e M
anua
l:
§ 48
.05.
073;
§ 4
8.36
A.2
63; §
48.
43.0
97 §
48.
125.
090
SSA
P or
App
endi
ces
Stat
e La
w o
r R
egul
atio
n D
escr
iptio
n
A-0
01
RC
W 4
8.12
.010
; Cha
pter
48.
13 R
CW
Pr
ovid
es li
mita
tions
on
inve
stm
ents
out
side
the
scop
e of
the
Man
ual.
In 2
012,
Was
hing
ton
Stat
e am
ende
d C
hapt
er 4
8.13
RC
W b
y ad
optin
g su
bsta
ntia
lly a
ll of
the
NA
IC’s
“D
efin
ed
Stan
dard
s” m
odel
inv
estm
ent
law
. Th
e am
ende
d la
w p
lace
s in
vest
men
t lim
itatio
ns o
n in
sure
r m
inim
um a
sset
req
uire
men
ts,
whi
le a
llow
ing
insu
rers
fle
xibi
lity
for
inve
stm
ents
ab
ove
insu
rer m
inim
um a
sset
requ
irem
ents
. SS
AP
No.
16R
R
CW
48.
12.0
10
Esta
blis
hes m
inim
um a
mou
nts f
or li
mita
tion
on E
DP
equi
pmen
t. SS
AP
No.
86
RC
W 4
8.13
.091
; WA
C 2
84-1
3-92
0 Th
e am
ende
d la
w a
nd re
gula
tion
proh
ibit
the
use
of d
eriv
ativ
e fo
r spe
cula
tive
or re
plic
atio
n pu
rpos
es w
hile
allo
win
g in
sure
rs to
use
der
ivat
ives
for t
he p
rude
nt p
urpo
ses o
f hed
ging
and
in
com
e ge
nera
tion.
Furth
er in
form
atio
n re
gard
ing
Was
hing
ton’
s pre
scrib
ed d
iffer
ence
s fro
m N
AIC
Sta
tuto
ry A
ccou
ntin
g Pr
inci
ples
shou
ld b
e ob
tain
ed b
y co
ntac
ting
the
Off
ice
of th
e In
sura
nce
Com
mis
sion
er, S
tate
of W
ashi
ngto
n.
51
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2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
WE
ST V
IRG
INIA
Cita
tion
adop
ting
the
Man
ual:
§
33-4
-14(
a); I
nfor
mat
iona
l Let
ter N
o. 1
24
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§ 33
-8-1
to §
33-
8-32
Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
o. 6
8 §
33-7
-3(a
) Ex
pres
sly
defin
es g
oodw
ill a
s a n
onad
mitt
ed a
sset
52
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2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
WIS
CO
NSI
N
C
itatio
n ad
optin
g th
e M
anua
l:
§ 50
.20
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
§§ 6
20.0
1 to
620
.25,
Wis
. Sta
t. §
6.20
, Wis
. Adm
. Cod
e Pr
ovid
es li
mita
tions
on
inve
stm
ents
that
are
out
side
the
scop
e of
the
Man
ual
SSA
P N
os. 2
5 an
d 84
§§
9.1
0 an
d 9.
11, W
is. A
dm. C
ode
Non
adm
its c
erta
in re
ceiv
able
s car
ried
by H
MO
s SS
AP
No.
54
and
A-0
10
Ins 3
.17
and
3.45
5, W
is. A
dm. C
ode
Wis
cons
in h
as n
ot a
dopt
ed th
e 20
04 re
visi
ons t
o N
AIC
Mod
el R
eg. 1
0, w
hich
com
pris
es
App
endi
x A
-010
. Th
eref
ore
Wis
cons
in’s
min
imum
rese
rvin
g st
anda
rds f
or h
ealth
pol
icie
s ar
e di
ffere
nt fr
om th
e M
anua
l’s.
Com
pani
es sh
ould
com
ply
with
the
stan
dard
s of t
heir
stat
e of
dom
icile
. If
a fo
reig
n co
mpa
ny’s
hea
lth re
serv
es a
re le
ss th
an th
e W
isco
nsin
min
imum
, th
e di
ffer
ence
shou
ld b
e de
scrib
ed in
the
Not
es.
SSA
P N
o. 5
8 In
s 3.0
9(12
) (c)
, Wis
. Adm
. Cod
e R
equi
res t
he c
hang
e in
the
cont
inge
ncy
rese
rve
to b
e re
cord
ed th
roug
h un
derw
ritin
g in
com
e ra
ther
than
as a
dire
ct c
harg
e/cr
edit
to su
rplu
s SS
AP
No.
60
Ins 3
.08(
7)(b
), W
is. A
dm. C
ode
Req
uire
s the
cha
nge
in th
e co
ntin
genc
y re
serv
e to
be
reco
rded
thro
ugh
unde
rwrit
ing
inco
me
rath
er th
an a
s a d
irect
cha
rge/
cred
it to
surp
lus
53
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2016
Nat
iona
l Ass
ocia
tion
of In
sura
nce
Com
mis
sion
ers
WY
OM
ING
Cita
tion
adop
ting
the
Man
ual:
W
yom
ing
Reg
ulat
ions
, § 4
7.4
SSA
P or
App
endi
ces
Stat
e L
aw o
r R
egul
atio
n D
escr
iptio
n
A-0
01
W.S
. §§
26-7
-101
to 2
6-7-
116
Prov
ides
lim
itatio
ns o
n in
vest
men
ts th
at a
re o
utsi
de th
e sc
ope
of th
e M
anua
l SS
AP
No.
68
W.S
. § 2
6-6-
102(
a)(i)
Ex
pres
sly
nona
dmits
goo
dwill
, tra
de n
ames
and
oth
er si
mila
r int
angi
ble
asse
ts
54