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AAIS Product
Advisory - May 23, 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/palist.htm
REVISED AAIS FACT BOOK
A copy of the revised AAIS Factbook
has been distributed to all affiliated companies. The Factbook
describes the many services offered by AAIS. It is a resource that
will help answer many of the questions that arise as affiliates
implement AAIS programs and integrate them into their company
operations and systems.
CUSTOMER-SPECIFIC
WEB SEMINARS OFFERED
AAIS plans to offer Internet Web seminars customized for company
employees, including their agents. We need your input on lines of
insurance or technical subjects that would be of interest to you
or fulfill a training need. Please refer your suggestions to Bob
Prahl, Education Director, at Bobp@AAISonline.com, or call him at
800/564-2247, ext. 238.
STATE-SPECIFIC
TERRORISM INFORMATION POSTED
Information regarding the AAIS certified filings has been posted
for all 52 jurisdictions. Non-certified filings have been
submitted in 48 jurisdictions and approved in 43. State-specific
filing information related to compliance with the federal
terrorism reinsurance program is posted at:
http://www.AAISonline.com/terror/StateAction.htm
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BULLETINS BY CATEGORY
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TERRORISM UPDATES - Bulletins listed by State
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VIRGINIA
Dwelling Properties, Personal & Premises Liability
Bulletin 03-0201
Certified Terrorism Filings Approved
FL 0670 03 03 and
accompanying manual supplement approved effective
Apr. 1, 2003.
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COUNTRYWIDE / MULTIPLE LINES
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COUNTRYWIDE
Farm Umbrella, Personal Umbrella
Countrywide Advisory Fungi Exclusions Filed
Bulletin 03-0171
Filings
submitted in most jurisdictions. Proposed advisory effective date
July 1, 2003. Notice of approvals and company action will be
provided in subsequent bulletins.
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COMPLIANCE - Bulletins listed by State
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ARKANSAS
Agricultural Output, Artisans, Businessowners, Commercial Output,
Commercial Output - XL, Commercial Properties, Contractors &
Developers Output, Dwelling Properties, Farmowners, Farm
Properties, Homeowners, Mobile-Homeowners
Bulletin 03-0192
Fire Loss Reporting Act of 2003 Passed
House Bill 2770
effective April 14, 2003. See:
http://www.arkleg.state.ar.us/ftproot/bills/2003/public/HB2770.pdf
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ILLINOIS
Inland Marine Guide
Bulletin 03-0193
State Amendatory Endorsement Withdrawn, Compliance Information for
Non-Filed Inland Marine Classes
CL 0121 01 01 is being revised to address Department concerns.
Once the revised endorsement is approved for use with AAIS
"filed" programs, it will be made available for use with
the Inland Marine Guide.
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PROGRAM UPDATES - Bulletins listed by Line of Insurance
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COMMERCIAL OUTPUT
2 Bulletins
Illinois
Bulletin 03-0183 Revision 3.0 Approved
Iowa Bulletin
03-0182 Revision 3.0 Approved
Effective July 1, 2003. Refer to Company
Action for instructions on how to adopt these filings.
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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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