1. Company Name
Identifies the individual insurance company included in a filing submission. Because filings are submitted, reviewed, and reported on a company-specific basis, each participating company is listed separately.
2. Group Name
Identifies the parent organization or insurance group affiliated with an insurance company. When applicable, the group name appears on all related reports.
3. Filing Status
Indicates the current or final disposition of a filing as determined by the state insurance department. Status options include Approved, Disapproved, Rejected, Withdrawn, and Pending. Pending filings have not yet completed regulatory review and are available in select states.
4. State
Identifies the state or jurisdiction that received and processed the filing. BSRF includes filings from all 50 U.S. states and the District of Columbia.
5. State Tracking Number
A state-assigned reference number used to identify a filing submission. This number may be numeric or alphanumeric and is unique within a state, although the same number may appear in unrelated filings from other states.
6. Major Line
Identifies the primary line of insurance business addressed in the filing. This field is comparable to the NAIC Type of Insurance (TOI) classification.
7. Program
Identifies a specific product segment or coverage type within a Major Line. This field is similar to the NAIC Sub-TOI classification and provides additional detail regarding the coverage being filed.
8. Filing Action
Describes the type of filing submitted for regulatory review. Examples include Rate, Rate/Rule, Form, and New Program.
9. Financial Strength Rating
Reflects A.M. Best's opinion of an insurer's ability to meet its ongoing insurance policy and contractual obligations.
10. Number of Pages in PDF
Indicates the total number of pages contained in the filing document. Larger documents may contain more supporting information, documentation, exhibits, or rate details.
11. Indicated Rate Effect
Represents the rate adjustment calculated by comparing the projected loss ratio to the permissible loss ratio. This measure helps determine whether current rates should increase, decrease, or remain unchanged. Data may not be available for all filings.
12. Effective Date
The date on which the approved filing may first be implemented by the insurer. While insurers may request specific effective dates, the state insurance department determines the final approved date reported in BSRF.
13. Overall Effect
Represents the rate change approved or accepted by the state insurance department following regulatory review. This information is typically obtained from disposition documents, NAIC templates, analyst worksheets, or filing text.
14. Date Added to BSRF
The date on which the filing document and associated data were added to the BSRF database.
15. Disposition Date
The date on which the state insurance department completed its review and closed the filing.
16. SERFF Number
A unique identification number automatically assigned through the NAIC's System for Electronic Rate and Form Filing (SERFF). This number appears on all filings submitted through SERFF.
17. Group AMB Number
A proprietary identification number assigned by AM Best to insurance groups and their affiliated member companies.
18. AMB Number
A proprietary identification number assigned by AM Best to each insurance company included within its databases and products.
19. AMB Filing Description
AM Best's summary of significant details and notable observations contained within selected competitive filings reviewed by A.M. Best analysts.
20. SERFF Filing Description
The filing description provided through SERFF, summarizing the insurer's proposed filing action. Because filings may be amended during review, this description may not reflect subsequent changes or revisions.
21. Overall % Indicated Change
Represents the calculated percentage change in premium rates required to align projected future losses and expenses with anticipated premium income based on actuarial analysis and historical experience.
22. Overall % Rate Impact
Represents the final filed or approved average percentage change in premium rates for a specific line of business. This value reflects the average impact across all affected policies within the filing.
23. Written Premium Change for This Program
Represents the estimated statewide change in written premium dollars resulting from the proposed rate filing for a specific program.
24. Number of Policyholders Affected for This Program
Represents the estimated number of policyholders impacted by a proposed rate change or policy modification within a specific program.
25. Written Premium for This Program
Represents the total statewide written premium associated with a specific company and program.
26. Maximum % Change
Represents the largest percentage increase or decrease in premium that may be experienced by an individual policyholder within the filing, when reported.
27. Minimum % Change
Represents the smallest percentage increase or decrease in premium that may be experienced by an individual policyholder or group of policies within the filing, when reported.