NOR Adds SR-23 Insurance Form Filing in MCInfo

MCInfo users can now complete and submit three high-risk auto insurance forms to Iowa, as well as two common intrastate insurance forms:

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, June 18, 2020
Information
Tags: 
Technology, Insurance, Public relations, Investor relations, Public policy, Government, Communications, Professional services, Software, Internet, State, Local, Economy, Finance, Money, Types of insurance, Insurance, Insurance industry, Vehicle insurance, National Online Registries, LLC, NIC Inc.
Geotags: 
United States, Virginia, IOWA
⚠ generated by AI ↴
Organisation: 
NATIONAL ONLINE REGISTRIES, LLC, NIC INC.
Summary
Key Points: 
  • MCInfo users can now complete and submit three high-risk auto insurance forms to Iowa, as well as two common intrastate insurance forms:
    With these five form offerings, MCInfo is fully prepared to meet Iowas new electronic filing requirements going into effect in 2021.
  • Adding SR-23 accomplishes both of these goals by expanding our high-risk insurance filing services and helping our users get ahead of the curve by filing online several months before Iowas deadline.
  • Form SR-23 is the 16th form contained in MCInfos catalog of common and state-specific filing options.
  • Through the Motor Carrier Information Exchange (MCInfo) system, NOR partners with participating states nationwide to provide secure and efficient insurance certificate filing services to insurance companies, filing agencies, and managing general agents.


National Online Registries, LLC (NOR) enhanced its Motor Carrier Information Exchange (MCInfo) system to offer Form SR-23, Uniform Financial Responsibility Notice for Fleets, for filing to the Iowa Department of Transportation. MCInfo users can now complete and submit three high-risk auto insurance forms to Iowa, as well as two common intrastate insurance forms:

  • Form SR-22, Uniform Financial Responsibility Certificate of Insurance
  • Form SR-23, Uniform Financial Responsibility Notice for Fleets
  • Form SR-26, Uniform Financial Responsibility Notice of Cancellation or Termination
  • Form E, Uniform Motor Carrier Bodily Injury and Property Damage Liability Certification of Insurance
  • Form K, Uniform Notice of Cancellation of Motor Carrier Insurance Policies

With these five form offerings, MCInfo is fully prepared to meet Iowa’s new electronic filing requirements going into effect in 2021.

“NOR is always increasing MCInfo’s value by adding to our form offerings and responding to the latest agency requirements,” said Laura Johnson, NOR General Manager. “Adding SR-23 accomplishes both of these goals by expanding our high-risk insurance filing services and helping our users get ahead of the curve by filing online several months before Iowa’s deadline.”

Including Iowa, MCInfo users can file online to a total of 22 participating states. Form SR-23 is the 16th form contained in MCInfo’s catalog of common and state-specific filing options. Using NOR’s rapid process, adding new state agencies or forms only requires a few short weeks.

MCInfo speeds up the submission process and employs form validation for increased data quality. Automatic data population helps save time and prevent data entry errors when submitting multiple forms at once.

For participating states, MCInfo provides a centralized system to receive and review insurance filings, automatically communicate with insurance companies and track trends and progress via the reporting feature. In addition, MCInfo offers a web service for back office automation.

About National Online Registries, LLC

For two decades, National Online Registries, LLC (NOR) has enabled quick, convenient processing of insurance forms on behalf of motor carriers. Through the Motor Carrier Information Exchange (MCInfo) system, NOR partners with participating states nationwide to provide secure and efficient insurance certificate filing services to insurance companies, filing agencies, and managing general agents. Headquartered in Arlington, VA, NOR is a wholly owned subsidiary of NIC Inc. (NASDAQ: EGOV). For more information, please visit www.mcinfo.org.

About NIC Inc.

NIC Inc. (Nasdaq: EGOV) launched the digital government industry in 1992, and continues to lead it, providing a secure payment engine and thousands of digital government solutions across a network of more than 6,000 federal, state, and local government agencies. In addition, NIC Inc. is a leading provider of outdoor recreation solutions, with 1 out of 6 hunting and fishing licenses in the United States sold using an NIC Inc. service. The company created the nation's first personal assistant for government and comprehensive mobile platform, Gov2Go®, as well as the innovative, data-driven prescription drug monitoring platform, RxGov®. More information is available at www.egov.com.

Copyright: 
Copyright Business Wire 2020