If one submitter is submitting for an insurer on a daily basis, does that mean that all of the other submitters for that insurer must also submit on a daily basis?
If one submitter is submitting for an insurer on a daily basis, does that mean that all of the other submitters for that insurer must also submit on a daily basis?
Question:
If one submitter is submitting for an insurer on a daily basis, does that mean that all of the other submitters for that insurer must also submit on a daily basis?
Answer:
No, each submitter for each insurer may elect to submit on a daily, weekly, biweekly or monthly basis, as long as all of the data is received by the due date and as long as the submission frequency and number of files are consistent each quarter for the data reporting group.
Because the Indemnity Data Benchmark reports issue monthly, data reporting may not be less frequent than monthly.