Fraternal benefit societies are non-profit organizations that offer insurance and other benefits to their members. They are based on shared interests and values, such as religion or profession, and are often organized into local chapters. These can include trade unions and credit unions and organizations such as the Kiwanis.
Fraternal benefit societies
Fraternal benefit societies need to file an annual financial information report with our office.
Resources for your organization
- Learn the different parts of the anti-fraud plan that insurers are required to submit to our office.
- Learn how to submit the financial information required for fraternal benefit societies.
- MCAS filings are submitted through the National Association of Insurance Commissioners (NAIC), not to individual states.
- Insurers and producers are required to notify our office when security breaches occur that involve private consumer information (i.e., Social Security numbers, etc.).