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AAIS Product Advisory - March 18, 2003
Supplemental Terrorism Rating
Information Available
The Supplemental Terrorism Rating
Plan discussed at the AAIS Web-based seminar of March 5, 2003 has
been posted to the AAIS open Web site. For explanatory Bulletin
03-0136, the rating plan, and a sample filing memo, go to: http://www.aaisonline.com/terror/Bulletin/03-0136.htm
AAIS is NOT filing the Terrorism Supplemental Rating Plan. Each
company should determine the states, territories, lines of
insurance, and risk characteristics that are suitable subjects for
supplemental terrorism rating and take the necessary filing action
with the appropriate state insurance departments. The suggested
charges and limitations can and should be modified to reflect each
company's unique circumstances.
An AAIS affiliate for any line of
insurance may take independent filing action to file and implement
a Terrorism Supplemental Rating Plan that is based on the material
provided by AAIS. Companies not affiliated with AAIS must request
permission to use the Terrorism Supplemental Rating Plan or any
variation based on that plan. Contact Rick Anderer at Richarda@AAISonline.com
or 800/564-AAIS ext. 222 for further information.
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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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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.
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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