Wheaton, Ill., Feb. 19,
2009—Sherry Taylor, manager of farm and
agribusiness for the American Association of
Insurance Services (AAIS), will give a
presentation on the new AAIS Agricultural
General Liability (AgGL) Program at the 2009
Western Agribusiness Conference, March 18-19 in
Sacramento, Calif.
The conference, put on by
the Insurance Skills Center, provides courses
leading to the Agribusiness and Farm Insurance
Specialist (AFIS) designation, as well as
breakout sessions devoted to other topics.
Taylor's presentation provides credit toward the
continuing education requirement of attendees
who have already earned the AFIS designation.
For information on the
conference, and to register, go to
http://agribusinessconference.com/farm-insurance/Default.aspx.
The AgGL, now filed in 17
states and due to be filed countrywide, is the
first standardized general liability program
specifically designed for farm and
agribusinesses.
Compared to standard
farmowners programs, the AgGL provides broader
coverage in its base forms with a wider range of
endorsements for covering or excluding liability
exposures. Also, for several farm classes, the
AgGL’s rating information supplants traditional
acreage-based rating with sales-based rating
information.
Compared to standard CGL
programs, the AAIS AgGL includes a greater
number of standard farm exclusions in its base
forms, as well as limited built-in coverage for
third party property damage arising from the
application of farm chemicals.
Also, the AgGL program
manual includes more agricultural
classifications than typically found in a CGL
manual.
For more information on
affiliating with AAIS for use of the AgGL,
contact Rick Maka, director of marketing, at
rickm@AAISonline.com or by calling
800-564-AAIS.
AAIS is a national advisory
organization that develops policy forms and
rating information used by more than 600
property/casualty insurers throughout the U.S.