IC Circular No. 11-2008
SUBMISSION OF NEGATIVE LIST OF AGENTS, OFFICERS AND EMPLOYEES
(NAR) VOL. 19 NO. 2 / APRIL - JUNE 2008
[ IC CIRCULAR NO. 11-2008, March 03, 2008 ]
SUBMISSION OF NEGATIVE LIST OF AGENTS, OFFICERS AND EMPLOYEES
The reports required under Circular Letters No. 17-2006 and No. 21-2006, shall henceforth be submitted within the first fifteen (15) days following the end of every quarter. However, a company may still submit the names of agents, officers and/or employees to be included in the negative list of the company at any time before the deadline if there is a need to do so. The reports must specify the violations committed and/or be accompanied by supporting documents. Prompt submission of the reports is enjoined to avoid penalty. Adopted: 03 Mar. 2008
(SGD.) EDUARDO T. MALINIS Insurance Commissioner