Weekly Tip: Add a State

 

Weekly Tips

Add a State

8/29/2013

Today Arkansas is now eligible for filings.  Are you ready to add them to your filing?

If you are planning on adding Arkansas to your approved or pending filing, you will want to make sure that you have reviewed the step-by-step directions for adding a state to your filing found on the Insurance Company Resources page.  Remember that there are no additional IIPRC fees, but Arkansas' fees are required.  Arkansas requires a fee of $50 per form.  More information regarding the fees can be found on the Member State Filing Fee chart, also found on the Insurance Company Resources page of the website.

There are two key things to remember before adding Arkansas to your filing.  First, and most importantly,  remember that the company must be licensed to do business in Arkansas.    Second, the company must be registered with the Insurance Compact in order to add Arkansas. 

As we have previously announced, Montana will be eligible for filing in the middle of October.   You can find the exact date on the State Premium Volume chart on the website. 

If you have any questions, please contact the Insurance Compact office.