Missouri Administrative Code

Collateral the actual cash value of the mobile home, plan or rating system shall be considered except for the vendors'/lenders' single inter- unfairly discriminatory within the meaning of PURPOSE: This regulation requires certain est portion of that policy which may be mea- secti…

Theft and C.A.C. .............................................................................7 JOHN R. ASHCROFT (10/31/19) CODE OF STATE REGULATIONS 1 Secretary of State Chapter 2—Automobile Insurance 20 CSR 500-2 Title 20—DEPARTMENT OF (F) Newly acquired and replacement auto- i…

Fire panies issuing this insurance must be autho- rized to do business in Missouri. PURPOSE: This regulation states require- ments for insurers filing and utilizing a non- standard dwelling fire insurance rating plan. 20 CSR 500-3.200 Cancellation, Nonre- This regulation was adop…

these provisions. Neither reference filings nor adherence to PURPOSE: This rule provides procedures for filing or furnishing rating organization filings or deviations shall circumvent the rates and other information with the Missouri Department of commercial casualty insurance ra…

tion Filings filings by—i) becoming a participating insurer of a licensed rating organization which makes reference filings of advisory PURPOSE: Under the Missouri Insurance Code, rate filings made prospective loss costs, ii) filing with the director the information by individual…

sites PURPOSE: This rule provides requirements for use and record- keeping for insurance companies or reciprocal interinsurance exchanges using rate variations (consent to rate). This rule was adopted pursuant to the provisions of section 374.045, RSMo, and implements sections 37…

and Excess Insurance (Rescinded January 30, 2003) . . . . . . . . . . . . . . . . . . 12 Denny Hoskins (5/31/26) CODE OF STATE REGULATIONS 1 Secretary of State 20 CSR 500-4—DEPARTMENT OF COMMERCE AND INSURANCE DIVISION 500—PROPERTY AND CASUALTY TITLE 20—DEPARTMENT OF COMMERCE AND…

Insurance Rate Filings plus lines insurer pursuant to Chapter 384, RSMo. AUTHORITY: section 383.206.6, RSMo Supp. 2006. Emergency rule filed Feb. 1, AUTHORITY: section 374.045, RSMo 1986.* 2007, effective Feb. 13, 2007, expired Aug. This rule was previously filed as 4 CSR 190- 10…

quate Rates *Original authority: 374.045, RSMo 1967. AUTHORITY: section 383.206.6, RSMo Supp. 2006. Emergency rule filed Feb. 1, 2007, effective Feb. 13, 2007, expired Aug. 10, 2007.

sive Rates AUTHORITY: section 383.206.6, RSMo Supp. 2006. Emergency rule filed Feb. 1, 2007, effective Feb. 13, 2007, expired Aug. 10, 2007.

Unfairly Discriminatory Rates AUTHORITY: section 383.206.6, RSMo Supp. 2006. Emergency rule filed Feb. 1, 2007, effective Feb. 13, 2007, expired Aug. 10, 2007.

sociations (Rescinded July 30, 2019) AUTHORITY: sections 374.045, 375.426 and 383.010–383.040, RSMo 1986. This rule was previously filed as 4 CSR 190-16.150. Origi- nal rule filed Dec. 10, 1975, effective Dec. 20, 1975. Rescinded: Filed Jan. 8, 2019, effective July 30, 2019. 20 C…

Section 383.500, RSMo .....................................................................3 JOHN R. ASHCROFT (10/31/19) CODE OF STATE REGULATIONS 1 Secretary of State Chapter 5—Professional Malpractice 20 CSR 500-5 Title 20—DEPARTMENT OF does not include medical malpractice insu…

Forms *Original authority: 287.310, RSMo 1939, amended 1992, (2) The review, computation, certification, 2003 and 374.045, RSMo 1967, amended 1993, 1995, and collection of Second Injury Fund sur- 2008. PURPOSE: This rule specifies policy provi- charge amounts and information is p…

rience Rating Modification (A) Employee leasing arrangement means AUTHORITY: sections 287.320, RSMo Supp. any arrangement, under contract or other- PURPOSE: This rule sets standards for the 1992 and 374.045, RSMo 1986.* This rule wise, where one (1) business or other entity use o…

(Rescinded September 30, 2019) ...........................................................4 20 CSR 500-6.800 Employee Leasing Arrangements............................................................4 20 CSR 500-6.950 Workers’ Compensation Rate and Supplementary Rate Information F…

Rate and Supplementary Rate Information profit, without judgmental adjustments such (D) The final rate pages, including supple- Filings as loss development and projections through mentary rate information, indicating the rate loss trending to a future point in time. for each clas…

the Workers’ Compensation Residual Mar- the premium, exceed the amount of premium the option of functioning as a direct assign- ket collected by the plan administrator and any ment carrier as opposed to functioning as a servicing carriers, for the period in question; servicing ca…

381.031.14, RSMo 1994, and reviewed November 15, 1996, in Appendix D to 24 PURPOSE: This rule sets out the scope of the under section 381.171, RSMo 1994; and CFR part 3500, or any form which substan- rules in this chapter and provides definitions (J) “Price estimate,” a good fait…

and Charges following, is acceptable: PURPOSE: This rule implements the disclo- sure of material price information pursuant to sections 381.019 and 375.144, RSMo. (1) Disclosure with Title Order. (A) When a prospective purchaser of title insurance or other party to the residentia…

Limitation (A) It is unlawful for a title insurer, title include shareholders of record of any pub- agency or title agent to accept an order for licly-traded insurer. Such report shall be filed PURPOSE: This regulation prescribes title services from any producer with an affil- wi…

site Review sets forth the responsibilities of each party or closing files where commitments or poli- and, when both parties share the responsibil- cies of the insurer have been issued; PURPOSE: This regulation prescribes ity for a particular function, specifies the (J) Policy Re…

for Policy Delay limited to, fees for abstracts, title search and 5. The rate filing shall document the examination and handling of escrows, settle- anticipated losses, expenses, and profits PURPOSE: This regulation prescribes the ments, or closings; and underlying the rates and …

AUTHORITY: section 374.045, RSMo 2000 unreasonably high in relation to the services and sections 381.023 and 381.042, RSMo PURPOSE: This regulation prescribes proce- rendered; Supp. 2008.* Emergency rule filed Oct. 15, dures to be followed by title insurers when fil- 3. Rates are…

Protection Form Filings and sections 381.042 and 381.085, RSMo (A) The individual who performed the Supp. 2007.* Emergency rule filed Jan. 16, examination of title on behalf of the title PURPOSE: This regulation prescribes 2008, effective Jan. 28, 2008, expired July insurer shall…

PURPOSE: This rule prescribes forms and procedures to be followed in proceedings before the insurance department involving the filing of forms with the Property and Casual- ty section. (1) For the purposes of assessing a fee for the filing of all forms, rates and rules required t…

derwriting Rules proprietary information shall comply with the procedures as set forth in 20 CSR 10- PURPOSE: This rule states that any rule used 2.400(3)(L). by an insurer for underwriting purposes must be filed with the Department of Commerce (5) Any insurer which withholds inf…

Data Reporting tory state page of the annual statement; (C) Director means the director of the PURPOSE: This regulation facilitates the Department of Commerce and Insurance; collecting of relevant Medicare supplement (D) Dram shop liability coverage means premium loss data in ord…

Reporting and 536.016, RSMo 2016.* Original rule filed Oct. 1, 2002, effective March 30, 2003. PURPOSE: This rule interprets section Amended: Filed Dec. 19, 2003, effective June 375.1730, RSMo, and sets forth the types of 30, 2004. Amended: Filed Dec. 13, 2018, cost data to be re…

Sickness paid on the basis of a premium rate per Filed Dec. 13, 2018, effective July 30, 2019. (Rescinded July 30, 2019) month per thousand dollars of outstanding insured indebtedness, if premium rates are computed according to the following formula, 20 CSR 600-2.200 Credit Prope…

resents a policy for which premium increases defined for use in this regulation: and Sickness Rates or decreases are required. Insurers should (A) Affiliated insurance producer means PURPOSE: This rule implements the prima maintain in their files their rules for those cir- any in…

(Rescinded July 30, 2019) ...................................................................4 20 CSR 600-2.510 Time Periods and Termination of Credit Accident and Sickness Insurance ..........4 20 CSR 600-2.600 Credit Insurance—Indirect Compensation .............................…

Indirect Compensation PURPOSE: This rule advises insurance com- panies of factors that the director will consid- er in determining what is indirect compensa- tion which might lead to violations of the forty percent commission cap limit that may be paid to creditors under Chapter …

Coverages and Private Passenger Automobile Insurance................................3 JOHN R. ASHCROFT (10/31/19) CODE OF STATE REGULATIONS 1 Secretary of State Chapter 3—Reporting Data on Residential and Auto Insurances 20 CSR 600-3 Title 20—DEPARTMENT OF Emergency amendment fil…

explains insurance producer licensing stan- 5. Organizational Credit Business Entity. dards and procedures. A. A completed Form UA-BEP; PURPOSE: This rule sets out the scope of the B. One hundred dollar ($100) applica- rules in this chapter and provides definitions (1) Applicatio…

(A) Title Insurance. Pursuant to section Variable Annuity Contract Examination tional insurance when receiving payment for 381.115, RSMo and 20 CSR 700-8.100, title existing business; agents may be licensed as individual insur- PURPOSE: This rule prescribes the examina- 4. Signin…

Applications (Rescinded July 30, 2008) ...................................................5 20 CSR 700-1.040 Clearance Letters (Rescinded September 30, 2019) ......................................5 20 CSR 700-1.050 Payment of Earned Commissions (Rescinded September 30, 2019) ....…

Commissions Filed July 12, 2002, effective Jan. 30, 2003. 20, 1975. Amended: Filed Aug. 16, 1977, (Rescinded September 30, 2019) effective Dec. 11, 1977. Amended: Filed Feb. *Original authority: 374.045, RSMo 1967, amended 1993, 1995; 375.141, RSMo 1961, amended 1965, 1967, 1, 19…

sion Contracts Prohibited (B) Exceeds the term of indebtedness it secures except as provided in section PURPOSE: This regulation requires repre- PURPOSE: This regulation specifies restric- 385.035, RSMo; or sentatives of reciprocal and interinsurance tions on the authority of ins…

12.030. Original rule filed Dec. 20, 1974, be Sold Under Credit License *Original authority: 385.010, RSMo 1977, amended 1992; effective Dec. 30, 1974. Amended: Filed Oct. 385.015, RSMo 1977, amended 1987, 1992; 385.020, 14, 1977, effective March 13, 1978. PURPOSE: This regulatio…

Agreements PURPOSE: This regulation provides for Producer Service Agreements. (1) A producer service agreement may be used to establish compensation. The form set forth in Exhibit A is approved for use as spec- ified in section 375.116, RSMo. Substantially equivalent forms may be…

Entity Insurance Producers name” as used in section 375.012, subsection ducer. (Rescinded July 30, 2008) (2), RSMo (Supp. 1967), means a person’s actual and not fictitious name and includes a (2) No person shall act in this state as an AUTHORITY: sections 374.045, 375.013, surnam…

Termination of Insurance Producers nizational credit business entity licensed pur- coverage, providing written evidence of insur- suant to section 375.065, RSMo, in the man- ance transactions, and handling premiums, PURPOSE: The department defines appoint- except to the extent th…

Termination of Appointment of Agents (Rescinded January 30, 2003) ..............9 JOHN R. ASHCROFT (5/31/22) CODE OF STATE REGULATIONS 1 Secretary of State

Insurance Producers Concerning Personal Insurance Transactions....................9

Annuity and Long Term Care Insurance Sales..........................................12 20 CSR 700-1.146 Recommendations of Variable Life Insurance to Customers (Suitability) ...........12 20 CSR 700-1.147 Reasonable Supervision in Variable Life Sales..............................…

(Rescinded March 30, 2017) ...............................................................15 20 CSR 700-1.150 Incidental Fees Charged by Insurance Producers ........................................15 20 CSR 700-1.152 Recommendations of Long-Term Care Insurance to Customers (Suita…