Weekly Tip: Amended Filing Fees

 

Weekly Tips

Amended Filing Fees

4/25/2013

This Weekly Tip will help you make sure that you are properly submitting the required amended filing fees. Amended filing fees are required per the IIPRC Terms and Procedures for IIPRC Filing Fees for some amendments. When amending a filing, please send a Note to Reviewer requesting to reopen the filing and include the reason for reopening. Please note that if the filing is being amended to provide updates to the SOI or the addition of the Foreign Language translation certifications; or to correct typographical or formatting errors, no amended filing fees are required. All other amendments to a previously-approved filing require a filing fee.  Effective January 1, 2013 any reopened filing that was submitted after January 1, 2013 that meets the requirements for an amended fee will require 50% of the original IIPRC Filing Fee to reopen and amend as defined in our Filing Fee Rule.  The filer should review the IIPRC Filing Fee submitted for the original submission and the amended filing fee will be 50% of such amount.

We hope that this information is helpful and provides guidance regarding amending filing fees. If you have any questions please contact the Insurance Compact's office and we will be more than happy to answer any questions that you may have as you prepare to amend your filing.