OmniState: A Powerful New Time-Saver

Right now, there are more than 200,000 documents sitting on State Insurance Department websites. That includes web pages full of information, but also thousands of PDF forms, Word documents and Excel files. In just the single month of January 2010, 4,000 new documents were added and over 12,000 documents had changed.

As an insurance professional, do you know what these documents are… what they say about how you can and cannot conduct business? Are you confident that you can find them all? Will you know when any of them change?

Here’s a partial list of what you’ll find on a typical state insurance department website:

• The forms you need for rate, rule and policy form filings
• Reports: Annual and Quarterly, Market Conduct and Financial Examinations
• Market share information
• Notices and Bulletins: including rate hearings and required filings, data calls, etc.
• Press Releases for both insurers and the general public
• Interpretations of statutes and regulations
• Proposals for new and revised statutes and regulations
• Case orders: which include mergers, liquidations, disciplinary actions and cease & desists (on both companies and producer/agents), DOI judgments and decisions

That’s just a sample of what’s available today on most State insurance department websites. Much of this is information that will affect your business. Much of it is time-sensitive information that you need to know. And all of it is information that can change at any time. Bottom line: If you’re not paying attention to State Insurance Department websites, you’re probably missing critical information.

OmniState is designed to address the growing needs of insurance compliance professionals by organizing, tracking and updating the increasing volumes of information being published to state insurance department web sites. We cover all 50 States, and major U.S. territories.

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50 STATES PLUS

• OmniState scours the insurance department web sites of all 50 States, the District of Columbia and U.S. Territories and finds all of the files “hiding” there.
• Our proprietary system catalogs every document – whether it’s a PDF, web page, Word document, or Excel spreadsheet, and then presents all of the information that it’s found in one, well organized place.
• OmniState turns chaos into a single, easy-to-use information resource.

ORGANIZED

• Our Indexers tag each document and web page with one or more of our Topics.
• Their work makes it easy for you to zero-in on just those documents that could affect your business – and ignore those that you don’t need.
• OmniState’s Indexing powers all of our finding and updating tools: our Topic Selector, the File Folder system, Updates, E-mail Alerts, making information from all states work together.
  

CENTRALIZED

• More than just a service that delivers information, OmniState gives you additional tools that help you manage your information. For example, our File Folder system lets you customize your state web site information into Unread, Read, Implemented and Ignored folders.
• Our Topic Selector lets you control the subject areas OmniState covers for you. And you can broaden or narrow your selection at any time, as your informational needs change.

MONITORED

• OmniState’s innovative systems scan state insurance department web sites on a regular basis, looking for changes, deletions and additions. When these occur, our Indexers present you with categorized update information.
• The items you’ve chosen in the Topic Selector tell the system which subjects to track. When something changes, then, OmniState sends you an E-mail Alert – daily, weekly or monthly.

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OmniState is a service of Platinum Compliance.
Platinum Compliance is a team of subject area experts, indexers, information architects,
and software developers - all working to meet your compliance-related information needs.