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OHIO
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.
| IN FORCE BUSINESS - Use the endorsements and rating information
shown below only when the insured accepts the offer of coverage for certified terrorism
loss. |
| Posting date: 12/30/02, 1/31/03, 2/11/03 (addl.
info), 5/22/03 (COP-XL info 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 |
| Agricultural Output |
CL 0600 12 02 |
.0250 |
CL 0610 12 02 |
N/A |
| Artisans |
AP 0700 12 02 |
.0225 |
AP 0710 12 02 |
N/A |
| Businessowners |
BP 0750 12 02 |
.0250 |
BP 0760 12 02 |
N/A |
| Commercial Inland Marine (filed classes) |
CL 0600 12 02 |
.0250 |
CL 0610 12 02 |
N/A |
| Commercial Liability |
GL 0250 12 02 |
.0225 |
GL 0260 12 02 |
N/A |
| Commercial Output |
CL 0600 12 02 |
.0250 |
CL 0610 12 02 |
N/A |
| Commercial Output XL |
CL 0600 12 02 |
.0250 |
CL 0610 12 02 |
N/A |
| Commercial Properties |
CL 0600 12 02 |
.0250 |
CL 0610 12 02 |
N/A |
| Contractors & Developers Output |
CL 0600 12 02 |
.0250 |
CL 0610 12 02 |
N/A |
| Crime |
CL 0600 12 02 |
.0250 |
CL 0610 12 02 |
N/A |
| Glass |
CL 0600 12 02 |
.0250 |
CL 0610 12 02 |
N/A |
| AAIS Effective Date: 12/30/02 |
Filing Number(s):
| Program |
AAIS Filing No. |
State Filing No. |
| Agricultural Output: |
AAIS-2002-82AG |
PCD 139280 |
| Artisans |
AAIS-2002-82AP |
PCD 139288 |
| Businessowners |
AAIS-2002-82BP |
PCD 139275 |
| Commercial Inland Marine |
AAIS-2002-82CIM |
PCD 139283 |
| Commercial Liability |
AAIS-2002-82CL |
PCD 139276 |
| Commercial Output |
AAIS-2002-82COP |
PCD 139281 |
| Commercial Output - XL |
AAIS-2002-82COP-XL |
PCD 139282 |
| Commercial Properties |
AAIS-2002-82CP |
PCD 139286 |
| Contractors & Developers Output |
AAIS-2002-82DOP |
PCD 139285 |
| Crime |
AAIS-2002-82CR |
PCD 139287 |
| Glass |
AAIS-2002-82GS |
PCD 139284 |
|
| Company action: Endorsements
Companies that have granted AAIS filing authority for forms and endorsements can
adopt the endorsements without notifying the insurance department.
Rating Information
Companies that have granted AAIS filing authority for rating information can adopt
this rating information without notifying the insurance department if they intend to use
it without change.
However, companies that choose to depart from the AAIS filed rating information
must notify the insurance department in writing as soon as possible.
Expedited Filing Transmittal
An Expedited Filing Transmittal Document For Terrorism Risk Insurance Forms and
Pricing must be included in order to receive expedited handling of any filing required
under these instructions. |
| Comments: |
| Disclosure Notices |
| Affiliated companies can use the AAIS policyholder notices
as filed with slight modifications for individual policies or develop independent notices
that contain the information required by the Terrorism Risk Insurance Act. Companies that
develop their own notices are NOT required to place them on file. |
| Separate Line Item Disclosure Endorsement (CL 0605 02 03) Filing
Number(s):
| Program |
AAIS Filing No. |
State Filing No. |
| Agricultural Output: |
AAIS-2003-3AG |
PCD 140518 |
| Artisans |
AAIS-2003-3AP |
PCD 140520 |
| Businessowners |
AAIS-2003-3BP |
PCD 140521 |
| Commercial Inland Marine |
AAIS-2003-3CIM |
PCD 140522 |
| Commercial Liability |
AAIS-2003-3CL |
PCD 140523 |
| Commercial Output |
AAIS-2003-3COP |
PCD 140524 |
| Commercial Output - XL |
AAIS-2003-3COP-XL |
PCD 140525 |
| Commercial Properties |
AAIS-2003-3CP |
PCD 140526 |
| Contractors & Developers Output |
AAIS-2003-3DOP |
PCD 140512 |
| Crime |
AAIS-2003-3CR |
PCD 140511 |
| Glass |
AAIS-2003-3GS |
PCD 140515 |
Effective Date: 2/11/03
Company Action: Companies that have granted AAIS filing authority for forms and
endorsements can adopt the endorsements without notifying the insurance department. |
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 |
| Commercial Umbrella |
UM 0755 12 02 |
Refer to company |
UM 0765 12 02 |
N/A |
| AAIS Advisory Effective Date: 12/30/02 |
Filing Number(s):
| Program |
AAIS Filing No. |
State File No. |
| Commercial Umbrella |
AAIS-2002-84CUP |
PCD 139273 |
|
| Company action: Endorsements
Each company that wishes to adopt these endorsements must do so by establishing an
effective date and notifying the Insurance Department in writing.
Rating Information
Companies must also submit related rating information independently.
Expedited Filing Transmittal
An Expedited Filing Transmittal Document For Terrorism Risk Insurance Forms and
Pricing must be included in order to receive expedited handling of any filing required
under these instructions. |
| Comments: Disclosure Notices
Affiliated companies can use the AAIS policyholder notices as filed with slight
modifications for individual policies or develop independent notices that contain the
information required by the Terrorism Risk Insurance Act. Companies that develop their own
notices are NOT required to place them on file. |
| Separate Line Item Disclosure Endorsement (CL 0605 02 03) Filing
No.:
| Program |
AAIS Filing No. |
State File No. |
| Commercial Umbrella |
AAIS-2003-4CUP |
PCD 140519 |
Effective Date: 2/11/03
Company Action: Each company that wishes to adopt these endorsements must do so
by establishing an effective date and notifying the Insurance Department in writing. |
Regarding "non-certified" commercial losses
Non-certified terrorism losses are all commercial losses from acts of terrorism that
are not certified as such by the Secretary of the Treasury, and thus not covered by the
federal reinsurance program. These include, but are not necessarily limited to, acts
inspired, directed, and/or carried out by domestic U.S. groups or individuals.
| Posting date: 2/24/03, 3/14/03 (addl.
info), 5/22/03 |
| Filings Submitted for Proposed Effective
Date of: 2/19/03 |
| AAIS commercial lines programs filed on
behalf of companies |
AAIS endorsement used to
exclude coverage for non-certified terrorism losses |
AAIS endorsement used to
exclude coverage for nuclear, biological, or chemical terrorism losses |
| Agricultural Output |
CL 0630 12 02 |
CL 0650 12 02 |
| Artisans |
AP 0730 12 02 |
AP 0750 12 02 |
| Businessowners |
BP 0780 12 02 |
BP 0800 12 02 |
| Commercial Inland Marine (filed classes) |
CL 0630 12 02 |
CL 0650 12 02 |
| Commercial Liability |
GL 0270 12 02 |
GL 0280 12 02 |
| Commercial Output |
CL 0630 12 02 |
CL 0650 12 02 |
| Commercial Output XL |
CL 0630 12 02 |
CL0650 12 02 |
| Commercial Properties |
CL 0630 12 02 |
CL 0650 12 02 |
| Contractors & Developers Output |
CL 0630 12 02 |
CL 0650 12 02 |
| Crime |
CL 0630 12 02 |
CL 0650 12 02 |
| Farm Properties |
FL 0630 12 02 |
FL 0650 12 02 |
| Farmowners |
FO 0630 12 02 |
FO 0650 12 02 |
| Glass |
CL 0630 12 02 |
CL 0650 12 02 |
| Personal & Premises Liability (Farm Only) |
GL 0330 12 02 |
GL 0340 12 02 |
| AAIS Effective Date: 2/19/03 |
Filing Number(s):
| Program |
AAIS Filing No. |
State Filing No. |
| Agricultural Output: |
AAIS-2002-83AG |
PCD 141108 |
| Artisans |
AAIS-2002-83AP |
PCD 141120 |
| Businessowners |
AAIS-2002-83BP |
PCD 141119 |
| Commercial Inland Marine |
AAIS-2002-83CIM |
PCD 141109 |
| Commercial Liability |
AAIS-2002-83CL |
PCD 141116 |
| Commercial Output |
AAIS-2002-83COP |
PCD 141110 |
| Commercial Output - XL |
AAIS-2002-83COP-XL |
PCD 141111 |
| Commercial Properties |
AAIS-2002-83CP |
PCD 141112 |
| Contractors & Developers Output |
AAIS-2002-83DOP |
PCD 141114 |
| Crime |
AAIS-2002-83CR |
PCD 141115 |
| Farm Properties |
AAIS-2002-83FP |
PCD 141117 |
| Farmowners |
AAIS-2002-83FO |
PCD 141121 |
| Glass |
AAIS-2002-83GS |
PCD 141113 |
| Personal & Premises Liability |
AAIS-2002-83PPL |
PCD 141118 |
|
| AAIS commercial lines advisory filings |
AAIS endorsement number
for excluding coverage for non-certified terrorism losses |
AAIS endorsement used to
exclude coverage for nuclear, biological, or chemical terrorism losses |
| Commercial Umbrella |
UM 0775 12 02 |
UM 0785 12 02 |
| Farm Umbrella |
UM 0350 12 02 |
UM 0360 12 02 |
| AAIS Advisory Effective Date: 2/19/03 |
| Filing Number(s): |
| Program |
AAIS Filing No. |
State Filing No. |
| Commercial Umbrella |
AAIS-2002-85CUP |
PCD 141107 |
| Farm Umbrella |
AAIS-2002-85FUP |
PCD 141106 |
| Company action: Each company that wishes to adopt
these endorsements must do so by establishing an effective date and notifying the
Insurance Department in writing. |
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