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AAIS Product Advisory - February 21,
2003
"Product Advisory"
identifies all AAIS bulletins issued this week and includes other
information of interest to property/casualty insurers. Link here
for Product Advisory from previous weeks: http://www.AAISonline.com/General/advisory/pa-list.htm
FOLLOW-UP SEMINAR SCHEDULED ON TERRORISM
AAIS will present a Web-based seminar March 5, 2003 to provide an
update on compliance with the new federal terrorism reinsurance
program. Among other things, the seminar will cover requirements
arising from final program regulations, due to be issued any day
by the U.S. Treasury. For information and to sign up, go to http://www.aaisonline.com/communications/webinar.htm
TABLE EXPLAINS APPLICATION OF TERROR ENDORSEMENTS
Education Director Robert Prahl has prepared a table that lists
how AAIS's latest terrorism endorsements apply to certain
categories of terrorism losses. Go to http://www.aaisonline.com/terror-re.htm,
find the reference at the bottom of the right-hand column, then
open the table in Microsoft Word or as a PDF.
STATE-SPECIFIC TERRORISM
INFORMATION POSTED
AAIS continues to post state-specific filing information related
to compliance with the new federal terrorism reinsurance program.
Find postings that provide information regarding the certified
filings for 52 jurisdictions and information regarding the
non-certified filings for 14 jurisdictions at this site:
http://www.AAISonline.com/terror/StateAction.htm
UPDATES ON AAIS COUNTRYWIDE FILINGS:
www.AAISonline.com/Ins_lines/status/ilsrl.htm
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BULLETINS BY CATEGORY
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COUNTRYWIDE/MULTIPLE LINES
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COUNTRYWIDE
Commercial Output
Revision 3.0 Approved
Bulletin 03-0095
Effective date change to June 1,
2003 for states announced today and outstanding states. Sample
policyholder notice available.
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TERRORISM UPDATES - Bulletins listed by State
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COMMERCIAL LINES
Georgia
Bulletin 03-0067
Special Editions of Certified Terrorism Endorsements Available
Edition 02 03 certified terrorism
endorsements distributed.
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COMMERCIAL LINES
New York
Bulletin 03-0092
Special Editions of Certified Terrorism Exclusion Endorsement
Available
Edition 04 03 certified
terrorism endorsements distributed.
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COMMERCIAL LINES
Virginia
Bulletin 03-0093
Special Editions of Certified Terrorism Exclusion Endorsement
Available
Edition 03 03 certified
terrorism endorsements distributed.
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COMPLIANCE - Bulletins listed by State
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NEW JERSEY
Commercial Properties
Revised IRPM Plan & Amendatory Endorsement Approved
Bulletin 03-0088
Effective date May 1, 2003.
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PROGRAM UPDATES - Bulletins listed by Line of Insurance
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COMMERCIAL OUTPUT
(5 Bulletins)
Indiana Bulletin 03-0082 Revision
3.0 Approved
New Mexico Bulletin 03-0083 Revision 3.0 Approved
North Dakota Bulletin 03-0084 Revision 3.0 Approved
South Dakota Bulletin 03-0085 Revision 3.0 Approved
Wyoming Bulletin 03-0086 Revision 3.0 Approved
Effective dates June 1, 2003. Refer
to Company Action for instructions on how to adopt these filings.
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FARMOWNERS, HOMEOWNERS,
MOBILE-HOMEOWNERS
Florida
Bulletin 03-0097
Identity Fraud Expense Coverage Option Approved
Effective date May 1, 2003.
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FARMOWNERS
Texas
Bulletin 03-0054
Identity Fraud Expense Coverage Option Approved
Refer to Company Action for
instructions on how to adopt this filing.
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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.
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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.
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