Coordinated Advertising, Rate and Form Review Authority (CARFRA)

{
  "id": "MLC-T-INS-000980",
  "term": "Coordinated Advertising, Rate and Form Review Authority (CARFRA)",
  "field": "Insurance and risk management",
  "definition": "A system developed by the National Association of Insurance Commissioners (NAIC) to facilitate the review and approval of insurance product filings across multiple states. The Coordinated Advertising, Rate and Form Review Authority (CARFRA) allows an insurer to submit a single filing for a product intended for sale in several jurisdictions. A lead state conducts the primary review on behalf of other participating states, which agree to accept the lead state's determination.",
  "abbreviation": "CARFRA",
  "url": "https://mlchart.com/terminology/insurance/coordinated-advertising-rate-and-form-review-authority-carfra/"
}