CALIFORNIA
Status report on compliance with the
Terrorism Risk Insurance Act of 2002
and related state regulatory policies

Regarding "certified" commercial losses
For an act of terrorism to be certified by the U.S. Secretary of the Treasury (and thus trigger coverage under the federal Terrorism Reinsurance Program), it must cause more than $5 million in losses and be inspired, directed, and/or carried out on behalf of a foreign person or interest.

NEW AND RENEWAL BUSINESS 
Posting date: 12/10/03, 1/8/04, 6/7/04, 6/11/04 (Farmowners filing numbers added)

AAIS commercial lines programs filed on behalf of companies

AAIS endorsement used when coverage is provided under the federal Terrorism Insurance Program

Rating factor to accompany coverage endorsement

AAIS endorsement used when insured declines terrorism coverage
(New and Renewal Policies Only)

Fire following rating factor for SFP states 
Farm Properties FL 0600 01 04 No Manual On File FL 0620 01 04

N/A
Farmowners FO 0600 01 04 No Manual On File FO 0620 01 04

N/A
Personal & Premises Liability (Farm Only) GL 0310 01 04 No Manual On File GL 0320 01 04

N/A
AAIS Effective Date: 1/1/04

 

AAIS File No.

State File No.

Endorsements

 

 

       Farm Properties

 AAIS-2003-62FPF

FL 0600 01 04 - CDI 03-8334
FL 0620 01 04 - CDI 03-8335

       Farmowners

 AAIS-2003-62FOF

FO 0600 01 04 - CDI 04-1838
FO 0620 01 04 - CDI 04-1839

       Personal & Premises Liability

 AAIS-2003-62PPLF

GL 0310 01 04 - CDI 03-8330
GL 0320 01 04 - CDI 03-8331

Filing Number(s):

Company action:

Companies affiliated for forms can adopt these endorsements by following the California filing requirements for Category 2 forms.

All companies that adopt these endorsements must submit a reference filing which establishes an effective date and includes the necessary completed California state filing forms. When submitting a filing, refer to the AAIS filing number and the CDI number.

Separate Line Item Disclosure Endorsement: (CL 0605 02 03)

 

AAIS File No.

CDI File No.

Program

 

 

       Farm Properties

 AAIS-2003-3FP

 03-1614

       Farmowners

 AAIS-2003-3FO

 03-1613

       Personal & Premises Liability

 AAIS-2003-3CL/PPL

 03-1711

Effective Date: 2/24/03

Company Action:

Companies affiliated for forms can adopt these endorsements by following the California filing requirements for Category 2 forms.

All companies that adopt these endorsements must submit a reference filing which establishes an effective date and includes the necessary completed California state filing forms. When submitting a filing, refer to the AAIS filing number and the CDI Number.
Posting date: 11/12/03, 1/8/04, 6/7/04      

AAIS commercial lines advisory filings

AAIS endorsement used when coverage is provided under the federal Terrorism Insurance Program

Rating factor to accompany coverage endorsement

AAIS endorsement used when insured declines terrorism coverage

Fire following rating factor for SFP states 
Farm Umbrella

UM 0330 01 04

Refer to company

UM 0340 01 04

N/A
AAIS Advisory Effective Date: 1/1/04
AAIS Filing Number(s): AAIS-2003-57 State File No:
UM 0330 01 04 - CDI 03-8336
UM 0340 01 04 - CDI 03-8337
Company action: Each company that wishes to adopt the 01 04 Farm Umbrella endorsements must do so by establishing an effective date and notifying the Insurance Department in writing.

AAIS does not develop rating information for the Farm Umbrella program. Companies must make a filing of any rating information that they independently develop.

 Separate Line Item Disclosure Endorsement: (CL 0605 02 03)

 

AAIS File No.

CDI File No.

Program

 

 

       Farm Umbrella

 AAIS-2003-4FUP

 03-1710

Effective Date: 2/11/03

Company Action:

Companies can adopt these endorsements by following the California filing requirements for Category 2 forms.

All companies that adopt these endorsements must submit a reference filing which establishes an effective date and includes the necessary completed California state filing forms. When submitting a filing, refer to the AAIS filing number and the CDI Number.

 

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