BUILDERS' RISK REVISION ADDRESSES
KEY COVERAGE CONCERNS

AAIS last week released a comprehensive revision of the policy forms and rating procedures provided in the Builders' Risk section of the AAIS Inland Marine Guide. Among other things, the revision does the following:

• Implements a distinction between "additional construction expenses" and "additional soft costs" with their own limits and deductible provisions. More information on this is available in a press release.

• Clarifies that costs to demolish undamaged property are covered under the coverage extension for debris removal. This change responds to a federal court ruling, also discussed in the release.

• Introduces a new endorsement that provides comprehensive equipment breakdown coverage.

Builders' Risk presentation available online

A slide presentation on the Builders' Risk revision is available online. The presentation features audio commentary by Robert Guevara, AAIS vice president of inland marine. You need a computer with speakers to hear the audio commentary.

For information on affiliating with AAIS for use of the Inland Marine Guide, contact Rick Maka, director of marketing, at rickm@AAISonline.com, or by calling 800-564-AAIS.

NOV. 13 WEB SEMINAR TO COVER NEW
AGRICULTURAL GENERAL LIABILITY PROGRAM

AAIS's new Agricultural General Liability Program (AgGL) will be described in a web-based seminar scheduled for 10 a.m. Central time (11 a.m. Eastern) on Thursday, Nov. 13 .

The seminar will feature Sherry Taylor, AAIS manager of farm and agribusiness, and Deborah Summerlin, AAIS vice president of insurance lines, describing the AgGL forms and the features of its manual.

When filed later this year, the AgGL will provide the industry's first general liability forms specifically designed for agricultural enterprises. The program was described in an article in the latest edition of AAIS's Viewpoint magazine.

The seminar is open to staff members of companies affiliated with AAIS for use of its farm and agricultural insurance programs. To register,

Others can ask to participate by contacting Joyce Tignino, vice president of marketing and industry relations, at joycet@AAISonline.com, or by calling 800-564-AAIS.

Boatowners web seminar recording available

A recording is available of a web seminar held in October on the latest revision to the AAIS Boatowners Program. The recording features Pam Nykaza, AAIS senior product development specialist for inland marine, the principal developer of the revision.

For copies of the Boatowners seminar slides, click here. To access the recording, click here. To hear the audio portion of the recording, you need to have a computer equipped with speakers.

PROGRAM PLANNING UNDERWAY
FOR 2009 AAIS 'MAIN EVENT'

AAIS is now evaluating topics for its 2009 Main Event conference, April 26-28 in Half Moon Bay, Calif.

This executive conference focuses on product-related issues of strategic importance to property/casualty insurers. To that end, AAIS is seeking speakers on trends in science, technology, law, economics, and other fields that will impact property and liability risk and, consequently, the design and development of P/C insurance products.

There are two ways to submit ideas for topics:

• Use the AAISalert online submission form. This web page asks users to describe new exposures they are concerned about, indicate how they address the exposure or plan to address it, and how it is likely to affect property/casualty insurance.

• Contact Joseph Harrington, AAIS director of corporate communications, at joeh@AAISonline.com, or by calling 800-564-AAIS.

JAN. 8 IS DEADLINE FOR
MARYLAND RATE GUIDE DATA

Insurers that received Bulletin 08-87 from the Maryland Insurance Administration have until Jan. 8, 2009 to provide premium information for use in the state's annual rate guides for homeowners, personal auto, motorcycle, recreational vehicle/ATV, and boat/personal watercraft insurance.

According to the bulletin, the mandate applies only to "certain select"  property/casualty insurers. Companies that did not receive the bulletin directly from the MIA do not have to respond.

As in the past, this call for data asks for annual premiums under 2009  rates for certain coverage scenarios. Therefore, AAIS cannot respond on behalf of its statistical reporting affiliates.

ARKANSAS ISSUES ASSESSMENT
FOR RURAL UNDERWRITING ASSOCIATION

Insurers in Arkansas need to pay $200 to the state's Rural Risk Underwriting Association.

A bulletin from the Arkansas Insurance Department says that all property insurers and mutual aid associations licensed in the state have until Dec. 31, 2008 to submit their payment, which goes toward the expenses of mailing renewal subscription notices for volunteer fire services.