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Part V Department of the Treasury

By United States Department of the Treasury

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Book Id: WPLBN0000671731
Format Type: PDF eBook
File Size: 341.21 KB.
Reproduction Date: 2005
Full Text

Title: Part V Department of the Treasury  
Author: United States Department of the Treasury
Volume:
Language: English
Subject: Government publications, Economics., United States. Department of the Treasury--Appropriations and Expenditures.
Collections: U.S. Department of the Treasury Collection
Historic
Publication Date:
Publisher: United States Department of the Treasury

Citation

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Department Of The Treasury, U. S. (n.d.). Part V Department of the Treasury. Retrieved from http://members.worldlibrary.net/


Description
Government Reference Publication

Excerpt
Excerpt: Each insurer that seeks payment of a Federal share of compensation under subpart F of this part shall retain such records as are necessary to fully disclose all material matters pertinent to insured losses and the Federal share of compensation sought under the Program, including, but not limited to, records regarding premiums and insured losses for all commercial property and casualty insurance issued by the insurer and information relating to any adjustment in the amount of the Federal share of compensation payable. Insurers shall maintain detailed records for not less than 5 years from the termination dates of all reinsurance agreements involving commercial property and casualty insurance subject to the Act. Records relating to premiums shall be retained and available for review for not less than 3 years following the conclusion of the policy year. Records relating to underlying claims shall be retained for not less than 5 years following the final adjustment of the claim.

 

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