Assumption Reinsurance Depopulation Program – Documents Index 2019-2020

Click the following to access the 2018-2019 Document Index

#DocumentInstructionsDeadline
1Non Disclosure AgreementSubmit to TWIA as soon as possible to receive access to the data Recommended to submit as soon as possible

2

Participation Agreement Submit to TWIA with program application5/1/2019

3

Comparable Coverage & Premium Certification Form;     Side by Side Comparison Example Carriers file with TDI and TWIA forms, rates, and rating rules, or submit a supplemental "reference" filing if carrier will use forms and/or rates already on file with TDI. Also submit to TDI and TWIA the Comparable Coverage & Premium Certification Form and Side by Side Comparison. 5/1/2019

4

Financial InformationSubmit to TWIA all of the items on the Financial Information checklist5/1/2019
 5Industry UCAA Form 13Separately to TDI, send the Industry UCAA Form 13 items 5/1/2019
 6Carrier Checklist for Submission to TDI Separately to TDI, send the Carrier Checklist items and include the completed checklist 5/1/2019

Resources & Communication Templates

The forms included below are for your review to help with planning and awareness of future program activities.

#DocumentDescriptionTimeframe
1 Timeline of Assumption Reinsurance Depopulation Program Describes necessary activities and deadlines related to the program. n/a -  for reference only
 2Data FieldsThis document contains the data that will be provided by TWIA to participating insurers.n/a -  for reference only
 3 Coverage Option Summary This summary provides a way for insurers to outline their coverages and how they compare to TWIA. n/a -  for reference only  
 4 Offer and Assumption AgreementThis agreement will be executed between TWIA and participating insurers after offers have been approved by TWIA.November 2019
 5 Quota Share Reinsurance Contract This agreement will be executed between TWIA and participating insurers after offers have been approved by TWIA. November 2019
6Notice of Offer of Assumption and Novation This is a prescribed communication that the participating insurer will send to the policyholder after the offer has been approved. 12/1/2019
7 Notice and Reminder of Offer to Transfer PolicyThis is a communication that TWIA will send to the policyholder notifying them of an offer on their policy. 12/1/2019 (Notice) 3/15/2020 (Reminder)
8 Certificate of AssumptionThis is a prescribed communication that the participating insurer will send to the policyholder at the time of the assumption. 5/10/2020   
9 Notice of Assumption and Policy ExpirationThis is a communication that TWIA will send to the policyholder as a reminder that their policy will be assumed by the carrier whose offer their agent approved if the policyholder takes no action by May 31. 5/10/2020