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Multi-State Annuity Filing Program for Insurers

An online program enabling annuity companies to file in Florida, Texas, California, Georgia, and Nevada simultaneously. Learn about the process, benefits, and how to participate with no costs involved.

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Multi-State Annuity Filing Program for Insurers

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  1. Multi-State Review Program for Annuity CompaniesA Single, Online Annuity Filing That Reaches Five States

  2. What is the Multi-State Review Program? • Florida, Texas, and California signed an MOU in 2004 • Combination of all three states’ annuity review standards • Filers use Florida’s online I-File system

  3. How does it work? • Florida, Texas, and California are the “participating” states and review the annuity filing • Other “auxiliary” states can join, but they do not participate in the review and will accept the participating states’ disposition of the filing • File reviews average 60 days or less

  4. 25% of the Annuity Market CA NV GA TX FL

  5. Expedited Review Process • Maximum time for review by states: 60 days • Average time: 30 days • Shortest time to date: 8 days

  6. What does it cost my company to participate? • Nothing; all you need is Internet Explorer 5.5 or higher • Insurers have been using Florida’s online filing system (I-File) for Florida rate and forms filings since 2002

  7. More Information? • Contact FL’s Deputy Insurance Commissioner Michelle Robleto at 850.413.3140

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