AAIS Product Advisory - March 7, 2003

"Product Advisory" identifies all AAIS bulletins issued this week and includes other information of interest to property/casualty insurers. Link here for Product Advisory from previous weeks: http://www.AAISonline.com/General/advisory/pa-list.htm

RECORDING AVAILABLE OF LATEST TERRORISM SEMINAR
Companies can access a recording of AAIS's March 5 Web seminar on terrorism by contacting Debra Petges at debp@AAISonline.com. The seminar features AAIS staff members Debi Summerlin and Kim Ward providing updates on AAIS filing action and rating information. Summerlin also provides some commentary on the U.S. Treasury's Feb. 25 regulations for the new federal terrorism reinsurance program.

STATE-SPECIFIC TERRORISM INFORMATION POSTED
Information regarding the AAIS certified filings has been posted for all 52 jurisdictions. As of Feb. 28, non-certified filings have been submitted in 48 jurisdictions and approved in 20. State-specific filing information related to compliance with the federal terrorism reinsurance program is posted at:
http://www.AAISonline.com/terror/StateAction.htm

UPDATES ON AAIS COUNTRYWIDE FILINGS:
www.AAISonline.com/Ins_lines/status/ilsrl.htm

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BULLETINS BY CATEGORY
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TERRORISM UPDATES - Bulletins listed by State
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COUNTRYWIDE
Commercial Lines
Bulletin 03-0117
Non-Certified Terrorism Exclusions Filed

Optional endorsements that restate the War exclusion and that exclude loss caused by non-certified acts of terrorism have been filed in all jurisdictions except Florida, Georgia, New York, and Texas.
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OKLAHOMA
Commercial Lines
Bulletin 03-0116
Special Editions of Certified Terrorism Endorsements Available

Edition 05 03 certified terrorism endorsements distributed.
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COMPLIANCE - Bulletins listed by State
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FLORIDA
Homeowners
Manual Revision 16.1 Approved
Bulletin 03-0110

Modified in response to Section 627.0629 of the Florida Statutes. Alternate Supplement Revisions 3.0 and 3.1 also approved. Effective date Oct. 1, 2003.
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PROGRAM UPDATES - Bulletins listed by Line of Insurance
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COMMERCIAL OUTPUT
(5 Bulletins)

District of Columbia Bulletin 03-0100 Revision 3.0 Approved
Georgia Bulletin 03-0104 Revision 3.0 Approved
Idaho Bulletin 03-0101 Revision 3.0 Approved
Oklahoma Bulletin 03-0105 Revision 3.0 Approved
Rhode Island Bulletin 03-0103 Revision 3.0 Approved

Effective dates June 1, 2003. Refer to Company Action for instructions on how to adopt these filings.
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DWELLING PROPERTIES
Minnesota
Bulletin 03-0107
Revision 4.0 Approved

Effective date June 1, 2003.
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FARM PROPERTIES
Minnesota
Bulletin 03-0108
Revision 4.0 Approved

Effective date June 1, 2003.
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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.

Feel free to forward the AAIS Product Advisory to anyone. 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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Product Advisory
Contacts

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.