Inland Marine Guide Company Action - 
States With Special Versions Of Certified Terrorism Endorsements

Alaska

Alaska does not require that forms, endorsements, rules or rates applicable to non-filed Inland Marine Classes be filed. However, companies are advised to use the same endorsements that are shown for the filed Commercial Inland Marine classes for all Inland Marine Guide classes except Yacht.

Special versions of the non-certified terrorism loss endorsements have been developed for Alaska; CL 0630 01 03, Non-certified Act of Terrorism Exclusion and War and Military Action Exclusion and CL 0650 01 03, Biological and Chemical Non-certified Act of Terrorism Exclusion and War and Military Action Exclusion. Please contact us if you need a copy of these endorsements prior to approval of these endorsements for the filed lines.

See Bulletin 03-0044 for a description of endorsement changes.

 

Arkansas

Endorsements (Certified Terrorism Loss)

In Arkansas, companies are required to file endorsements for non-filed inland marine classes. Companies affiliated for the Inland Marine Guide must make an independent filing to use the special 05 03 editions of the certified terrorism endorsements for all Inland Marine Guide classes except Yacht. For companies that have already submitted a filing of the 12 02 editions and have received an objection, it is recommended that the 05 03 editions be included with your filing response.

Rules

There is no longer a requirement to file rating information or rules for non-filed inland marine in Arkansas.

See Bulletin 03-0091 for a description of endorsement changes.

 

Georgia

Georgia does not require that endorsements, rates, or rules applicable to non-filed Inland Marine Classes be filed. However, companies are advised to use the same endorsements that are shown for the filed Commercial Inland Marine classes for all Inland Marine Guide classes except Yacht.

 

Illinois

Endorsements (Certified Terrorism Loss)

In Illinois, companies are required to file endorsements for non-filed inland marine classes. Companies affiliated for the Inland Marine Guide must make an independent filing to use the special 05 03 editions of the certified terrorism endorsements with for all Inland Marine Guide classes (except Yacht). For companies that have already submitted a filing of the 12 02 editions and have received an objection, it is recommended that the 05 03 editions be included with your objection response.

Rules

There is not a requirement to file rating information or rules for the non-filed inland marine classes in Illinois.

 

Louisiana

Endorsements 

In Louisiana, companies are required to file endorsements for non-filed inland marine classes. Companies affiliated for the Inland Marine Guide must make an independent filing to use the certified terrorism endorsements (CL 0600 05 03 and CL 0610 05 03) for all Inland Marine Guide classes except Yacht.

Companies are advised to refer to Bulletin 02-03 for the filing requirements that apply to terrorism-related filings in Louisiana.

In accordance with Section 106(a)(2)(B) of the Terrorism Risk Insurance Act of 2002, companies should file the certified exclusion endorsement, CL 0610 05 03 as a replacement for CL 0620 05 03.  Companies should file the non-certified exclusion endorsements CL 0630 12 02, and CL 0650 12 02 as replacements for CL 0640 12 02, and CL 0660 12 02.

Rules and Rating Information

Companies are not required to file rules or rating information for non-filed Inland Marine Guide classes. As of the date that endorsements are changed from SFP to Non-SFP versions, companies should begin using the "IMG Terrorism Rules Supplement NSFP- IM Exempt", posted on the AAIS public web site at http://www.aaisonline.com/terror/IMGinfo.htm in place of the current "IMG Terrorism Rules Supplement SFP". This information is also available to AAISdirect subscribers in the Inland Marine Guide section. As was previously the case, the rating information applicable to the Commercial Inland Marine Filed Classes should also be used with the Guide classes.

See Bulletin 03-0311 for a description of endorsement changes.

New York

Endorsements (Certified Terrorism Loss)

In accordance with New York Insurance Department Circular Letter 2000-22, companies are required to file endorsements for certain non-filed inland marine classes. Companies affiliated for the Inland Marine Guide must make an independent filing to use the certified terrorism endorsements (CL 0600 12 02 and CL 0610 12 02) for the Builders' Risk and Electronic Data Processing classes, if these classes are filed as inland marine lines of insurance. If these classes are filed as property lines of insurance, file the special editions of the certified terrorism endorsements (CL 0600 04 03 and CL 0620 04 03). If these classes are filed as a property line of insurance, these classes would no longer fall under the inland marine exemption.

For the non-filed inland marine classes other than Builders' Risk, Electronic Data Processing and Yacht, the 12 02 certified terrorism loss endorsements are available for immediate use.

In accordance with New York Insurance Department Circular Letter 2000-22, companies are required to file endorsements for certain non-filed inland marine classes. Companies affiliated for the Inland Marine Guide must make an independent filing to use the certified terrorism endorsements (CL 0600 12 02 and CL 0610 12 02) for the Builders' Risk and Electronic Data Processing classes, if these classes are filed as inland marine lines of insurance. If these classes are filed as property lines of insurance, file the special editions of the certified terrorism endorsements (CL 0600 04 03 and CL 0620 04 03). If these classes are filed as a property line of insurance, these classes would no longer fall under the inland marine exemption.

For the non-filed inland marine classes other than Builders' Risk, Electronic Data Processing and Yacht, the 12 02 certified terrorism loss endorsements are available for immediate use.

Companies are advised to refer to Circular Letter No. 25 (2002) dated December 23, 2002 and Supplement No. 1 to Circular Letter 25 dated February 19, 2003 for the filing requirements that apply to terrorism-related filings in New York.

Rating Information

Companies must make an independent filing to use the certified terrorism loss rating information for the Builders' Risk and Electronic Data Processing classes.

For the non-filed inland marine classes other than Builders' Risk, Electronic Data Processing and Yacht, the certified terrorism loss rating information is available for immediate use.

See Bulletin 03-0092 for a description of endorsement changes for policies subject to standard fire policy requirements.

 

Oklahoma

Endorsements (Certified Terrorism Loss)

In Oklahoma, companies are required to file endorsements for non-filed inland marine classes. Companies affiliated for the Inland Marine Guide must make an independent filing to use the special editions. CL 0600 05 03 and CL 0610 05 03, of the certified terrorism endorsements for all Inland Marine Guide classes except Yacht. For companies that have already submitted a filing of the 12 02 editions and have received an objection, it is recommended that the 05 03 editions be included with your filing response.

See Bulletin 03-0116 for a description of endorsement changes.

Rating Information

There is no requirement to file rating information or rules for non-filed inland marine in Oklahoma.

 

Virginia

Endorsements (Certified Terrorism Loss)

In Virginia, companies are required to file endorsements for certain non-filed inland marine classes. Companies affiliated for the Inland Marine Guide must make an independent filing to use the special editions of the certified terrorism endorsements (CL 0600 03 03 and CL 0610 03 03) for the Bailee Customers Floater and Motor Truck Cargo classes. For companies that have already submitted a filing of the 12 02 editions and have received an objection, it is recommended that the 03 03 editions be included with your filing response.

For the non-filed inland marine classes other than Bailee Customers Floater, Motor Truck Cargo, and Yacht, the endorsements listed above are available for immediate use.

Companies are advised to refer to Administrative Letter 2002-15, Dec. 18, 2002, for the filing requirements that apply to terrorism-related filings in Virginia.

In Virginia, companies are required to file endorsements for certain non-filed inland marine classes. Companies affiliated for the Inland Marine Guide must make an independent filing to use the special editions of the certified terrorism endorsements (CL 0600 03 03 and CL 0610 03 03) for the Bailee Customers Floater and Motor Truck Cargo classes. For companies that have already submitted a filing of the 12 02 editions and have received an objection, it is recommended that the 03 03 editions be included with your filing response.

For the non-filed inland marine classes other than Bailee Customers Floater, Motor Truck Cargo, and Yacht, the endorsements listed above are available for immediate use.

Companies are advised to refer to Administrative Letter 2002-15, Dec. 18, 2002, for the filing requirements that apply to terrorism-related filings in Virginia.

The Virginia Bureau of Insurance has specified that any policy issued with a 12 02 edition of a certified terrorism endorsement must be amended to include the 03 03 edition counterpart. The effective date of the change must coincide with the policy effective date.

See Bulletin 03-0093 for a description of endorsement changes.

Rating Information

There is no requirement to file rating information or rules for non-filed inland marine in Virginia.

 

Washington

Endorsements (Certified Terrorism Loss)

In Washington, companies are required to file endorsements for non-filed inland marine classes. Companies affiliated for the Inland Marine Guide must make an independent filing to use the certified terrorism endorsements (CL 0600 12 02 and CL 0610 01 03) for all Inland Marine Guide classes except Yacht. For companies that have already filed and received an objection related to CL 0610 12 02, it is recommended that CL 0610 01 03 be submitted as a replacement when responding to the Department of Insurance.

Special versions of the non-certified terrorism loss endorsements have been developed for Washington; CL 0630 01 03, Non-certified Act of Terrorism Exclusion and War and Military Action Exclusion and CL 0650 01 03, Biological and Chemical Non-certified Act of Terrorism Exclusion and War and Military Action Exclusion. Please contact us if you need a copy of these endorsements prior to approval of these endorsements for the filed lines.

Companies are advised to refer to WA DOI website for the filing requirements that apply to terrorism-related filings in Washington.

See Bulletin 03-0087 for a description of endorsement changes.

Rating Information

There is no requirement to file rating information or rules for non-filed inland marine in Washington.

 

Additional filing considerations:

In states that require the filing of forms and rules for Inland Marine Guide classes (with the exception of Yacht), companies must make their own filing of non-certified terrorism endorsements and certified and non-certified terrorism rules.

Companies are advised to refer to the bulletins issued by the state insurance departments for the filing requirements that apply to terrorism-related filings; most Insurance Departments publish bulletins on their Web sites. For a state bulletin number, refer to List of state insurance department Terrorism Risk Insurance Act of 2002 bulletins.

Terrorism endorsements are incompatible with the forms and endorsements in the Yacht class.

Refer to Bulletin 03-0089 Inland Marine Company Action for information regarding endorsement CL 0605 02 03, Certified Terrorism Loss Disclosure of Premium and Federal Share of Insured Losses.

Site Map

IMG Manual Supplements

Information 
Regarding Terrorism

Status of State Action
on latest terrorism filings

Inland Marine Guide 
Terrorism Information

Status of State Action
on earlier terrorism filings
(prior to new federal law)

Compliance with the federal Terrorism Risk Insurance Act of 2002 and subsequent state regulations

Results of personal lines terrorism survey

List of state insurance department Terrorism Risk Insurance Act of 2002 bulletins

Company Action for Special Endorsement Versions - IMG

Supplements

IMG Terrorism Rules Supplement - NSFP - IM Exempt
 

IMG Terrorism Rules Supplement - SFP
 

 

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