A recent bulletin in Mississippi announces a change in the procedure required in that state for insurers to report fire damages.
Effective May 1, 2015, insurer's will be required to file the state's "Fire Loss Registry Form" with the state fire marshal within 45 days of any fire that causes $10,000 or more in damage, or in which a person is killed or injured.
The form must be filed electronically at a web page given in the bulletin, and it should include the insurer's and insured's contact information, policy information, property impacted by the fire, the names of any fire victims, and whether the fire was accidental or arson, among other information.
The information reported contributes to a Registry of Fire Damage that collects information to support loss analysis and public safety.
Insurers can start submitting the forms electronically now by registering at another web page given in the bulletin.
AAIS Advisory notices are posted periodically to announce AAIS product developments, and to provide news items that are relevant to our program users. Advisory notices are news summaries that paraphrase documents which should be consulted directly for complete, authoritative information.