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LOUISIANA
DWELLING PROPERTIES AND PERSONAL &
PREMISES LIABILITY (GL-600) PROGRAMS
Status report on compliance with the Terrorism Risk Insurance Act of 2002 (the Act) and
related state regulatory policies Regarding
"certified" terrorism 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.
The applicability of AAIS's Dwelling Properties and Personal/Premises Liability
terrorism endorsements will depend on whether rental properties insured by such policies
are deemed to be commercial insurance for purposes of the federal program. For an
explanation, see Bulletin 03-0142.
| State Name: Louisiana |
Posting date: 4/1/03, 5/2/03
(additional info) |
| |
Ed date/
Rev # |
Program |
AAIS effective date |
AAIS
filing # |
Insurance dept. filing #, if any |
| End't |
03 03 |
DP |
4/1/03 |
AAIS-2003-11DPF |
203 2234 |
| |
|
PPL |
4/1/03 |
AAIS-2003-11PPLF |
203 2233 |
| Rules |
1.0 |
DP |
No manual on file |
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| |
|
PPL |
4/1/03 |
AAIS-2003-11R |
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| Special company action: For the Dwelling Properties program
only, with respect to rules, companies are obligated to take independent filing action. |
| Comments: AAIS does not make available Dwelling Properties
rules or rating information in this state. Therefore, with respect to the Dwelling
Properties program, the manual supplement has not been submitted to the Louisiana
Department of Insurance. |
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