(The plan of operation or feasibility study should be tabbed so that the section that meets each of the aforementioned requirements is easily identified. If the information is not available in the plan of operation or feasibility study, the Risk Retention Group should provide a supplement which provides the required information.)
2. Affidavit of Filing and Annual Statement Attestation. If the group does not file electronically with the NAIC, then the following items must be submitted in lieu of the affidavit.
a. The most recent Annual Financial Statement on the NAIC blank
3. The most recent Statutory Basis Quarterly Statement.
4. The most recent Report of Examination from the state of domicile.
5. The NAIC Risk Retention Reporting Form
6. The NAIC group notice and registration form Part A.
7. The NAIC group notice and registration form Part B.
8. Certificate of Authority and Compliance from the State of domicile.
9. A filing fee of $200.00 for filing the initial registration.
10. Risk Retention Group State of Domicile Certification.
Each of the aforementioned items is to be submitted and properly completed before the registration can be considered as filed with this Department. The submission must be labeled to correspond with the above indicated number sequence. The Registration may be returned to the Risk Retention Group if the filing is found to be substantially incomplete.
During our review, occasional requests for additional information may be made to the indicated contact person. Correspondence or inquiries regarding the registration must be made only by a company official who has the authority to make corporate decisions regarding the registration. It may also be necessary to request policies and/or endorsements of contracts proposed for use in West Virginia including rating plans and advertising or solicitation material.
A letter confirming the group’s registration will be forwarded to the risk retention group once we have received and reviewed the above requested items. Please be advised that until this department issues this confirmation, the group will not be registered to do business in the State of West Virginia.