AAIS Product Advisory - January 12, 2004

"Product Advisory" identifies all AAIS bulletins issued last week and includes other information of interest to property/casualty insurers.
Link here for Product Advisory from previous weeks: http://www.aaisonline.com/services/pastpa.html

WEB SEMINARS TO COVER IMG CONSTRUCTION, TRANSIT CLASSES
AAIS has scheduled two new Web seminars to cover revisions of key sections of the Inland Marine Guide. On Feb. 11, Robert Guevara, AVP for inland marine, will discuss revisions to the construction classes (Builders' Risk, Contractors' Equipment, Installation Floater, and Riggers' Liability). On Mar. 10, Bob will present revisions to the transit classes (Transit, Motor Truck Cargo, and Warehouse Legal Liabiilty). To register, go to http://www.aaisonline.com/services/webinar.html

EARLY-BIRD DISCOUNT FOR ANNUAL CONFERENCE
People who sign up before Feb. 6 get a discount on the registration fee for the 2004 AAIS Annual Conference, April 4-6 at the Ritz-Carlton on Amelia Island, Fla. The conference features a strong lineup of speakers from A.M. Best, IBM, Microsoft, NAMIC, Nationwide, St. Paul, Arbitration Forums, and the American Institute for CPCU. For information and to register, go to http://www.aaisonline.com/communications/annualconf.html

DISCOUNT AVAILABLE ON VALUATION SERVICE
Companies affiliated with AAIS for any line of insurance can qualify for a discount on the "CostWorks Valuator" residential valuation service developed by RSMeans, a firm that specializes in construction cost data.
For information on the agreement between AAIS and RSMeans, go to http://www.aaisonline.com/press/Press111403.html
For information on CostWorks Valuator, go to www.rsmeans.com ,
or contact Michael Cummings, account director for insurance services, at mcummings@reedbusiness.com (RSMeans is owned by Reed Construction Data.)

STATE-SPECIFIC TERRORISM INFORMATION POSTED
Go to http://www.aaisonline.com/terrorism/StateAction.html

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BULLETINS BY CATEGORY
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COMPLIANCE - Bulletins listed by State
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MASSACHUSETTS
Commercial Umbrella
Bulletin 04-0014
State Amendatory Endorsement To Be Withdrawn

Proposed advisory effective date March 1, 2004.
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MINNESOTA
Personal And Premises Liability
Bulletin 04-0021
Revised State Amendatory Endorsement Approved

Effective date March 1, 2004.
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NEW MEXICO
Commercial Lines
Bulletin 04-0017
Revised State Amendatory And New Settlement Of Catastrophic Claims Endorsements Filed

Proposed effective date June 1, 2004.

To view the NM statute related to catastrophic claims see paragraph F., at the following website:
http://external.uniforminc.com/forms/getCite1.plx?doc=32932citetext.htm&src=LC
Note: highlight the entire link before clicking on it or copy and paste it to your browser.
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NEW MEXICO
Commercial Umbrella, Farm Umbrella
Bulletin 04-0015
Revised State Amendatory Endorsements Filed

Proposed advisory effective date April 1, 2004.
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WASHINGTON
Artisans, Businessowners, Commercial Properties
Bulletin 04-0020
Mortgagee, Loss Payee And Amendatory Endorsements And Rules Filed

Once approved, companies will need to establish their own effective dates.

To view mortgagee and loss payee related regulations see the links below:
Loss Payable Regulation WAC 284-21-010
http://external.uniforminc.com/forms/getCite1.plx?doc=28329citetext.htm&src=LC
Loss Payable Appendix
http://external.uniforminc.com/forms/getCite1.plx?doc=28330citetext.htm&src=LC
Note: highlight the entire link before clicking on it or copy and paste it to your browser.

To view the Washington Condominium law go to:

http://external.uniforminc.com/forms/getCite1.plx?doc=49541citetext.htm&src=LC
Note: highlight the entire link before clicking on it or copy and paste it to your browser.

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PROGRAM UPDATES - Bulletins listed by Line of Insurance
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ARTISANS, BUSINESSOWNERS, COMMERCIAL LIABILITY
Virginia
Bulletin 04-0027
Endorsements Revised In Response To Simplified Auto Forms Implementation

Effective date Feb. 1, 2004.
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COMMERCIAL OUTPUT PROGRAM
Minnesota
Bulletin 04-0024
Mold Limitation Endorsements/Rules Approved

Effective date March 1, 2004.
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FARMOWNERS
Minnesota
Bulletin 04-0012
Manual Revision 08 03 Available

Effective date April 1, 2004.
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FARMOWNERS
Nebraska
Bulletin 04-0016
Manual Revision 08 03 Approved

Effective date April 15, 2004.
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HOMEOWNERS, MOBILE-HOMEOWNERS
Montana, Nebraska, New Hampshire, & Vermont
Bulletin 04-0009
Fungi Limitation Endorsements & Manual Supplement Approved

Effective date April 1, 2004.
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MOBILE-HOMEOWNERS
Virginia
Bulletin 04-0010
Fungi Limitation Endorsement & Manual Supplement Approved

Effective date April 1, 2004.

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AAIS helps more than 600 property/casualty insurers compete in their markets by providing cost-effective technical services, including forms and manuals, and product development, actuarial, statistical, filing, and software support.
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Subscribers to http://www.AAISdirect.com may view and download these bulletins immediately.

Companies that do not currently use an AAIS program referenced here can request additional information from Rick Anderer at richarda@AAISonline.com or 800/564-AAIS x222.

AAIS Product Advisory can be forwarded to others who are interested in its content. To subscribe to AAIS Product Advisory, go to www.AAISinfo.com. To unsubscribe or change your e-mail subscription, contact Pat Peters at patp@AAISonline.com or 800/564-AAIS x289.

Contact Product Advisory at info@AAISonline.com.
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