Weekly Tip: Updated Logo Change Procedures

 

Weekly Tips

Updated Logo Change Procedures

5/07/2015

From time to time, companies may change their logos. This week's Weekly Tip email will provide you with the necessary steps required for making such a submission to the Insurance Compact. Please note that these steps have been updated since the first Weekly Tip was issued in September 2012 on logo change procedures.

The Insurance Compact can accept a filing for the rebranding/change of logo for products filed with the Insurance Compact. One new submission (generally filed using the applicable “Other” TOI) with a copy of the new logo attached to the filing submission under Supporting Documentation may be made to the Insurance Compact to achieve this purpose. The filing submission should provide: 1) a list of all TOIs of previously approved filings affected by the logo change; 2) a certified letter signed by an officer of the Company indicating the logo has or will be approved/filed in States in accordance with their respective requirements along with the effective date of this change; 3) a detailed list of the forms impacted by the change in logo should be provided under Supporting Documentation; and 4) associated filings should be indicated under View Associated Filings. The company will be required to submit a filing fee to the Insurance Compact in the amount of $500 plus all applicable state filing fees. The filing will receive a disposition of "approved" and the disposition will contain the following language:

"This approval is granted in accordance with applicable IIPRC Rules and Uniform Standards pertaining to the forms referenced in this filing and is limited to such forms. It does not replace any required approvals and/or filings to be made by individual States for a 'change of logo'."

We hope that this information is helpful. If you have any questions about information contained in this Weekly Tip or the Insurance Compact, please contact us.