NEW AND REVISED ENDORSEMENTS
AND SCHEDULES ISSUED FOR
THE INLAND MARINE GUIDE

AAIS is issuing several new and revised endorsements and schedules in the Inland Marine Guide, a leading industry resource of policy forms, rating procedures, and underwriting guidelines for the nonfiled classes.

The new endorsements include:

• A Builders' Risk endorsement for changing the coinsurance percentage under the jobsite and rehabilitation and renovation forms;

• An Electronic Data Processing endorsement for excluding coverage for hardware and software that is part of or connected to production, medical, or HVAC equipment;

• A Warehouse Legal Liability endorsement for excluding coverage for tobacco products, alcoholic beverages, prescriptions drugs, and narcotics; and

• A general endorsement that can be used to amend the deductible provision to allow for a separate deductible for loss caused by a named tropical windstorm or hurricane.

For information on affiliating with AAIS for use of the Inland Marine Guide, contact Rick Maka, AAIS director of marketing, at rickm@AAISonline.com, or by calling 800-564-AAIS, ext. 222.

ROOMS STILL AVAILABLE
FOR AAIS MAIN EVENT

Property/casualty executives and managers can still register for the 2009 AAIS Main Event, April 26-28 at The Ritz-Carlton in Half Moon Bay, Calif.

You can reserve a room online at the conference hotel; be sure to add the AAIS group code (dhpdhpa) under "Additional Information." Alternatively, you can use a hotel reservation form developed specifically for the Main Event.

A description of the conference program and conference registration are also available online.

For more information, contact Joseph Harrington, director of corporate communications, at joeh@AAISonline.com, or by calling 800-564-AAIS.

AgGL PROGRAM AVAILABLE IN 20 STATES

AAIS's new Agricultural General Liability (AgGL) Program has been approved for use in 20 states: AL, AZ, DE, ID, IN, IA, KS, KY, MD, MI, MS, MO, NM, NC, OH, OK, PA, SD, TN, and WI.

Introduced in 2008, the AgGL is the first standardized program specifically designed for insuring general liability exposures of farms 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. Compared to standard CGL programs, the AgGL forms include important provisions addressing agricultural exposures, and its manual includes numerous agricultural classifications not typically found in a CGL manual.

The rating information provided in the AgGL manual introduces sales-based loss costs in place of acreage-based loss costs in several farm classes. The state-specific loss costs for approximately 360 AgGL classifications are being posted to the AAISdirect Internet service as data sets for ease of integration into company rating systems.

For information on affiliating with AAIS for use of its AgGL Program, contact Rick Maka, AAIS director of marketing, at rickm@AAISonline.com, or by calling 800-564-AAIS, ext. 222.

NEW WASHINGTON LAW
REQUIRES FLOOD NOTICE

A new law in the state of Washington requires every insurer issuing a homeowners, unit-owners, tenants, or dwelling property policy in that state to notify the insured if the policy does not cover damage caused by flood.

The law provides the wording of the required notice, including contact information for the National Flood Insurance Program. Insurers are required to make sure the contact information is current.

The law takes effect 90 days after the close of the current Washington legislative session.

MARYLAND REMINDS CARRIERS
REGARDING NOTICE OF CANCELLATION

The Maryland Insurance Administration recently issued an e-mail reminder that insurers are required to inform policyholders of the company's right to cancel a policy during an underwriting period.

No new bulletin was issued, but the message referred to insurer obligations under provisions (e) and (f) of §12-106. Questions can be directed to Dudley Ewen, the MIA's chief examiner for market conduct.

Companies affiliated with AAIS to write one or more AAIS programs in Maryland, and who use the AAISdirect Internet service, can consult bulletin 07-2219, issued in 2007, for background information on the implementation of underwriting periods and related notice requirements.

NEW JERSEY CHANGES
HO REPORTING REQUIREMENT

A bulletin from the New Jersey Department of Banking and Insurance states that homeowners insurers can now file certain reports semi-annually, rather than each quarter.

Mandatory reports of the amount of homeowners insurance in-force and new business written can now be filed by Jan. 31 and July 31 of each year, covering the six months through the preceding December and June, respectively.