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Supplement No. 1 to Circular Letter No. 22 (2005)

November 06 , 2007

TO:

All Property/Casualty Insurers Domiciled in New York State

RE:

Filing of Actuarial Opinion Summary (AOS)

STATUTORY REFERENCE:  Sections 307(a)(1) and (a)(2), 308(b), 4104(a) of the Insurance Law

Circular Letter No. 22 (2005), issued on December 7, 2005, provided guidelines to all domestic property/casualty insurers licensed under Section 4104(a) on filing an Actuarial Opinion Summary (AOS).The purpose of this supplement is to advise that a duplicate copy of the Statement of Actuarial Opinion (SAO) is no longer required to be attached with the filing of the AOS and that all AOS filings, as well as comments and questions regarding the contents of the circular letter, should be directed to:

Ms. Gloria Huberman, Supervising Casualty Actuary
New York State Insurance Department, Property Bureau
25 Beaver Street, 4th floor
New York, New York 10004
(212) 480-5134
by email ghuberma@ins.state.ny.us

Please be reminded that the AOS must be submitted annually to the Department by March 15.

Very Truly Yours,

_____________________________
Larry Levine
Assistant Deputy Superintendent &
Chief Examiner
Property Bureau

 

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