SNL Insurance Product Filings

The SNL Insurance Product Filings datasets provide a comprehensive view of the rates, rules, forms, and new program filings that insurers submit through the System for Electronic Rate and Form Filing (SERFF) platform, as required by state regulations under the National Association of Insurance Commissioners (NAIC). These filings are made to the respective departments of insurance (DOI) of each state to ensure regulatory oversight. By monitoring rate and policy changes, regulators aim to maintain market standardization and protect consumers from unfair rates and policies.

Insights from the dataset allow actuaries, product managers, and other insurance professionals to craft market strategies and analyze product pricing and industry trends. They can review pricing strategies across the market, and assess trends in insurance rates as well as consumer preferences to build and offer competitive products. Using data on underwriting criteria and risk factors, insurers can get a better understanding of risk profiles and inform pricing models.

This dataset includes:

• Rates and Product Filing Data: Data extracted from the SERFF Filings that cover information on rate changes and proposals sent to the regulator along with disposition information in response from the regulator. This is accompanied by entity/company-level information.
• Physical Document Delivery: Using the API, users can search for SERFF Filings based on certain filters and retrieve those PDF documents through downloadable links allowing for programmatic downloads of these documents.