AAIS Product Advisory - October 27, 2003

"Product Advisory" identifies all AAIS bulletins issued last week and includes other information of interest to property/casualty insurers.
Link here for Product Advisory from previous weeks: http://www.aaisonline.com/services/pastpa.html

NOV. 19 WEB SEMINAR TO DESCRIBE AGRIBUSINESS PROGRAM
AAIS will hold its next Web-based seminar 1 p.m. Central time on Wed., Nov. 19. Deborah Summerlin, vice president of insurance lines, will describe the Agricultural Output Program (AgOP), a unique program for insuring property exposures of agribusiness operations. This seminar is primarily intended for companies that do not currently use the AgOP. For information and to register, go to http://www.aaisonline.com/services/webinar.html

INPUT SOUGHT ON ANNUAL CONFERENCE TOPICS
AAIS is considering a range of topics for its 2004 Annual Conference, April 4-6 on Amelia Island, Fla. Let us know what you think of certain ideas, or suggest ideas of your own, by going to http://www.aaisonline.com/communications/annualconf.html

RECORDING AVAILABLE OF INLAND MARINE WEB SEMINAR
Companies affiliated for the AAIS Inland Marine Guide can access a recording of the Oct. 22 Inland Marine Web seminar by contacting Debra Petges at debp@AAISonline.com. The seminar features Bob Guevara, AAIS assistant vice president, Inland Marine, describing new automated worksheets for rating nonfiled Inland Marine classes that are available through AAISdirect.

STATE-SPECIFIC TERRORISM INFORMATION POSTED
Go to http://www.aaisonline.com/terrorism/StateAction.html

--------------------------------------------------------------
BULLETINS BY CATEGORY
--------------------------------------------------------------
--------------------------------------------------------------------------------
COUNTRYWIDE/MULTIPLE LINES
--------------------------------------------------------------------------------

COUNTRYWIDE
Insurance Lines
Bulletin 03-0403
AAIS State Filings Guide 09/03 Updates

Includes a new section on Insurance Commissioners and updates to the Exempt Policyholders section, as well as updates to other sections.
------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
COMPLIANCE - Bulletins listed by State
--------------------------------------------------------------------------------

LOUISIANA
Commercial Lines
Bulletin 03-0402
Revised Loss Payable and State Amendatory Endorsements Filed

Proposed effective dates Apr. 1, 2004.
------------------------------------------------------------------------------------------------------------

MONTANA
Commercial Lines
Bulletin 03-0369
Revised State Amendatory Endorsements Approved

Effective dates Jan. 1, 2004.
------------------------------------------------------------------------------------------------------------

MONTANA
Inland Marine Guide
Bulletin 03-0370
Revised State Amendatory Endorsement Available - Compliance Information for Non-Filed Inland Marine Classes

Companies affiliated for AAIS's Inland Marine Guide can adopt the endorsement by taking independent filing action.
------------------------------------------------------------------------------------------------------------

NEW YORK
Personal and Premises Liability
Bulletin 03-0412
Replacement Amendatory Endorsement Approved

Effective date Jan. 1, 2004.
------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
PROGRAM UPDATES - Bulletins listed by Line of Insurance
--------------------------------------------------------------------------------

COMMERCIAL OUTPUT
Alabama, Kentucky, Maine, Nebraska, New Mexico
Bulletin 03-0437
Mold Limitation Endorsements/Rules Approved

Effective date Jan. 1, 2004.
------------------------------------------------------------------------------------------------------------

COMMERCIAL OUTPUT
Texas
Bulletin 03-0436
Mold Limitation Endorsements/Rules Approved

Effective date Jan. 1, 2004. The rules are approved; the endorsements and schedules are exempt from filing requirements.
------------------------------------------------------------------------------------------------------------

COMMERCIAL OUTPUT-XL
Texas
Bulletin 03-0435
Rating Information  - Terrorism (Certified Losses) Filed and Approved

Companies that are affiliated for the Commercial Output Program - XL can adopt the AAIS rating information by making a reference filing with the Texas Department of Insurance (TDI). Each company must establish its own effective date.
------------------------------------------------------------------------------------------------------------

DWELLING PROPERTIES, FARMOWNERS, FARM PROPERTIES, HOME-BASED BUSINESS, HOMEOWNERS, MOBILE-HOMEOWNERS, PERSONAL & PREMISES LIABILITY
(6 Bulletins)

Alabama    Bulletin 03-0323
Maine   Bulletin 03-0386
Massachusetts   Bulletin 03-0387
New Hampshire   Bulletin 03-0394
New Mexico   Bulletin 03-0396
West Virginia   Bulletin 03-0385

Fungi Limitation Endorsements & Manual Supplements Approved

Effective dates Jan. 1, 2004.
------------------------------------------------------------------------------------------------------------

HOMEOWNERS
Delaware
Bulletin 03-0417
Manual Revision 14.0 Approved

Effective date Feb. 1, 2004.
------------------------------------------------------------------------------------------------------------

HOMEOWNERS
Kentucky
Bulletin 03-0418
Manual Revision 11.0 Approved

Effective date Feb. 1, 2004.
------------------------------------------------------------------------------------------------------------

HOMEOWNERS
Maryland
Bulletin 03-0419
Manual Revision 15.0 Approved

Effective date Feb. 1, 2004.
------------------------------------------------------------------------------------------------------------

HOMEOWNERS
Mississippi
Bulletin 03-0420
Manual Revision 4.0 Approved

Effective date Feb. 1, 2004.
------------------------------------------------------------------------------------------------------------

HOMEOWNERS
North Dakota
Bulletin 03-0421
Manual Revision 14.0 Approved

Effective date Feb. 1, 2004.
------------------------------------------------------------------------------------------------------------

HOMEOWNERS
Texas
Bulletin 03-0434
Identity Fraud Expense Coverage Option Approved

Each company must establish its own effective date.
------------------------------------------------------------------------------------------------------------

INLAND MARINE GUIDE
California
Bulletin 03-0439
Electronic Data Processing Forms Revision Approved

Advisory effective immediately; company must establish its own effective date.
------------------------------------------------------------------------------------------------------------

INLAND MARINE GUIDE
California

Bulletin 03-0440
Electronic Data Processing Rating Revision Approved

Advisory effective immediately; company must establish its own effective date.
------------------------------------------------------------------------------------------------------------

INLAND MARINE GUIDE
Nebraska
Bulletin 03-0438
Electronic Data Processing Revision Approved

Advisory effective immediately; company must establish its own effective date.
------------------------------------------------------------------------------------------------------------

MOBILE-HOMEOWNERS
New Mexico
Bulletin 03-0422
Manual Revision 12.0 Approved

Effective date Feb. 1, 2004.
------------------------------------------------------------------------------------------------------------

PERSONAL UMBRELLA
New Jersey
Bulletin 03-0384
Personal Umbrella Options Approved

Advisory effective date Oct. 1, 2003.
-----------------------------------------------------------------------------------------------------------

AAIS helps more than 600 property/casualty insurers compete in their markets by providing cost-effective technical services, including forms and manuals, and product development, actuarial, statistical, filing, and software support.
------------------------------------------------------------------------------------------------------------

Subscribers to http://www.AAISdirect.com may view and download these bulletins immediately.

Companies that do not currently use an AAIS program referenced here can request additional information from Rick Anderer at richarda@AAISonline.com or 800/564-AAIS x222.

Feel free to forward the AAIS Product Advisory to anyone. To subscribe to AAIS Product Advisory, go to www.AAISinfo.com. To unsubscribe or change your e-mail subscription, contact Pat Peters at patp@AAISonline.com or 800/564-AAIS x289.

Contact Product Advisory at info@AAISonline.com.
--------------------------------------------------------------------------------

Product Advisory
Contacts

To subscribe to AAIS Product Advisory, go to www.AAISinfo.com

To unsubscribe or change your e-mail subscription, contact Pat Peters at patp@AAISonline.com or 800/564-AAIS x289.

Contact Product Advisory at info@AAISonline.com.

Top