April 6, 2005


The AAIS 
Inland Marine Guide




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NEWLY REVISED STAT PLANS RELEASED 
FOR CRIME, GLASS, AND INLAND MARINE 

AAIS is starting to distribute updated statistical plans.

In bulletins to be issued Friday, April 8, AAIS will provide each statistical reporting affiliate for Crime, Glass, and Inland Marine with a revised statistical plan, along with a summary of changes made to each plan. Stat plans for other lines will be filed in coming months.

According to Larry Thill, AAIS statistical manager, the general purpose of the revisions is to reflect new computer media available for submitting reports, incorporate terrorism reporting instructions, and add a second option for reporting changes in coverage in situations when a computer system is not capable of reporting policy changes in full statistical detail.

For information on AAIS's Statistical Reporting service, contact Rick Maka, director of marketing, at rickm@AAISonline.com.


ROBERT GUEVARA TO ADDRESS 
IMUA ANNUAL CONVENTION 

Robert Guevara, AAIS vice president for inland marine, will speak on "Inland Marine Regulatory Issues" on Tuesday, April 19, at the Annual Convention of the Inland Marine Underwriters Association in Monterey, Calif.

Among other roles, Guevara is the principal developer of the AAIS Inland Marine Guide, a leading resource of forms, rating procedures, underwriting guidelines and other information for the traditionally nonfiled classes of inland marine insurance. 


NEXT AAIS WEB SEMINAR ADDRESSES 
MOTOR TRUCK CARGO INSURANCE

AAIS's next Web-based training seminar, scheduled for 1 p.m. Central time on May 25, will address aspects of rating and loss control in Motor Truck Cargo (MTC) insurance.

Robert Guevara, AAIS vice president of inland marine, will open the presentation with a review of changes to the rating procedure provided in the MTC section of the AAIS Inland Marine Guide.

The Guide is a leading industry resource for forms, rating procedures, underwriting guidelines, and other information for the traditionally nonfiled classes of inland marine insurance; Guevara is its principal developer.

Guevara will be joined by Bruce Dalrymple, president and CEO of Marine Solutions Group, LLD, who will describe the use of telephone surveys for loss control in Motor Truck Cargo.

To register,


FIRST APPROVAL FOR MISSOURI 
GUARANTY FUND DISCLOSURES

AAIS has received its first approval of a new disclosure, included in a state amendatory endorsement, regarding guaranty fund reimbursements required in Missouri. 

The disclosure advises policyholders of their right to recover paid premium in the event an insurer becomes insolvent. It is required by a law amended last year to remove a minimum premium threshold for payments and increase the amount of premium recoverable. (To read the new disclosure requirement, scroll down to section 375.775 of a 2004 act concerning the state guaranty fund.)

The revised AAIS disclosure was approved in a state amendatory endorsement filed for the Commercial Output Program. Disclosures will be filed for other programs.


GRAY WOLF SEMINARS SCHEDULES 
AAIS UNDERWRITING ACADEMY 

Gray Wolf Insurance Seminars has scheduled its next "AAIS Personal Lines Underwriting Academy" for May 2-6 in Tinley Park, Ill. (suburban Chicago). Registration is open to all property/casualty professionals that want in-depth training on using the forms and manuals in the AAIS Homeowners, Farmowners, Dwelling Properties, Landlord's Package, Personal and Premises Liability, Personal and Farm Umbrella, and Personal Inland Marine programs.

The academy is led by Gray Wolf senior instructor Fred Macy, who has taught property/casualty courses since 1977 and AAIS-specific courses since 1996.


 


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