| Posting date: 1/28/03, 7/23/03 (addl. info.) |
| AAIS commercial lines programs filed on behalf of
companies |
Rating factor corresponding to
coverage endorsement |
|
| Agricultural Output |
.0300 |
|
| Artisans |
.0250 |
|
| Businessowners |
.0300 |
|
| Commercial Inland Marine (filed classes) |
.0300 |
|
| Commercial Liability |
.0250 |
|
| Commercial Output |
.0300 |
|
| Commercial Output XL |
.0300 |
|
| Commercial Properties |
.0300 |
|
| Contractors & Developers Output |
No Program Currently On File |
|
| Crime |
.0300 |
|
| Farm Properties |
.0300 |
|
| Farmowners |
.0300 |
|
| Glass |
.0300 |
|
| Personal & Premises Liability (Farm Only) |
.0250 |
|
| AAIS Filing Number(s): AAIS-2002-82COV (Rating Info.
above only) |
| State Filing Number(s): R2003000333 (Rating Info.
above only) |
| AAIS Effective Date: 1/20/03 |
| Company action: Rating Information
Companies that have granted AAIS filing authority for rating information are
required to notify the insurance department as soon as possible as to whether or not they
intend to adopt this filing.
Expedited Filing Transmittal
Not applicable. |
| Disclosure Notices Affiliated companies can
use AAIS policyholder notice CL 1045 12 02 with slight modifications for individual
policies, or develop independent notices that contain the information required by the
Terrorism Risk Insurance Act. Companies that develop their own notices are NOT required to
place them on file. |
| The following certified terrorism filings were submitted
and approved under prior approval provisions: |
| |
| IN FORCE BUSINESS - Use the endorsements shown in
the second column of the chart below to indicate that coverage is provided for certified
terrorism loss. |
| NEW AND RENEWAL BUSINESS - Use the rating
information shown in the last column of the chart below, but only when the insured
declines the offer of coverage for certified terrorism loss. Also use the corresponding
endorsement, shown in the column immediately preceding the rating information, when
coverage for certified terrorism loss is declined. |
| |
| Posting Date: 1/28/03, 2/19/03 (special endorsement
editions posted), 4/29/03 (addl. info) |
| Filings Submitted for Proposed Effective Date of: 3/1/03 |
| AAIS commercial lines programs filed on
behalf of companies |
AAIS endorsement used when
coverage for certified terrorism loss is provided under the federal Terrorism Insurance
Program |
AAIS endorsement used when the
insured declines coverage for certified terrorism loss (New and Renewal Policies Only) |
Fire following SFP rating factor used when
the insured declines coverage for certified terrorism loss (New and Renewal Policies Only) |
| Agricultural Output |
CL 0600 04 03 |
CL 0620 04 03 |
.0105 |
| Artisans |
AP 0700 04 03 |
AP 0720 04 03 |
N/A |
| Businessowners |
BP 0750 04 03 |
BP 0770 04 03 |
.0075 |
| Commercial Inland Marine (filed classes) |
CL 0600 12 02 |
CL 0610 12 02 |
N/A |
| Commercial Liability |
GL 0250 12 02 |
GL 0260 12 02 |
N/A |
| Commercial Output |
CL 0600 04 03 |
CL 0620 04 03 |
.0105 |
| Commercial Output XL |
CL 0600 04 03 |
CL 0620 04 03 |
.0105 |
| Contractors & Developers Output |
No Program Currently On File |
|
| Crime |
CL 0600 12 02 |
CL 0610 12 02 |
N/A |
| Farm Properties |
FL 0600 04 03 |
FL 0620 04 03 |
.0105 |
| Farmowners |
FO 0600 04 03 |
FO 0620 04 03 |
.0075 |
| Glass |
CL 0600 12 02 |
CL 0610 12 02 |
N/A |
| Personal & Premises Liability (Farm Only) |
GL 0310 12 02 |
GL 0320 12 02 |
N/A |
| AAIS Effective Date: 3/1/03 |
| AAIS Filing Number(s) |
AAIS-2002-82EXC (Endorsements & above
Rating Info.) |
AAIS-2002-83CertR (Rules) |
| State Filing Number(s): |
R2003000391 (Endorsements & above Rating
Info.) |
R20030003241 (Rules) |
| Company action: Endorsements
Companies that have granted AAIS filing authority for forms and endorsements
can adopt these endorsements on the effective date designated by AAIS without notifying
the insurance department. Companies cannot adopt the endorsement earlier than the
AAIS effective date.
Rules
Companies that have granted AAIS filing authority for rules for this line of
insurance are required to notify the insurance department as soon as possible as to
whether or not they intend to adopt the manual supplement.
In accordance with filing procedures recently established by the insurance
department, companies that choose not to adopt the supplement or that choose to delay its
adoption must:
-- state the reason(s) for the non-adoption/delay in their notification letter; and
-- submit a copy of the rules currently in use for this coverage.
Companies that intend to adopt the manual supplement must file the necessary state
filing form and designate an effective date for the supplement.
Rating Information
Companies that have granted AAIS filing authority for rating information are required
to notify the insurance department as soon as possible as to whether or not they intend to
adopt this filing.
Expedited Filing Transmittal
Not applicable. |
| Comments: Disclosure Notices
Affiliated companies can use AAIS policyholder notice CL 1045 12 02 with slight
modifications for individual policies, or develop independent notices that contain the
information required by the Terrorism Risk Insurance Act. Companies that develop their own
notices are NOT required to place them on file for informational purposes. |
| Separate Line Item Disclosure Endorsement (CL 0605
02 03) AAIS Filing No.: AAIS-2003-3
State Filing No.: R2003000792
Effective Date: 2/11/03
Company Action: Affiliated companies can adopt the endorsement, as filed,
without taking any filing action.
|
| AAIS commercial lines advisory filings |
AAIS endorsement used when coverage is provided under
the federal Terrorism Insurance Program |
AAIS endorsement used when insured declines terrorism
coverage |
| Commercial Umbrella |
UM 0755 12 02 |
UM 0765 12 02 |
| Posting date: 1/28/03 |
| Filings Submitted for Proposed Effective Date of: 3/1/03 |
| AAIS Advisory Effective Date: 3/1/03 |
| AAIS Filing Number(s): AAIS-2002-84EXC |
| State Filing Number(s): R2003000484 |
| Company action: Endorsements
Each company that wishes to adopt these endorsements must do so by establishing
an effective date and notifying the Insurance Department in writing.
Rating Information
Companies must also develop and submit rating information independently.
Expedited Filing Transmittal
Not applicable. |
| Comments: Disclosure Notices
Affiliated companies can use AAIS policyholder notice CL 1045 12 02 with slight
modifications for individual policies, or develop independent notices that contain the
information required by the Terrorism Risk Insurance Act. Companies that develop their own
notices are NOT required to place them on file for informational purposes. |
| Separate Line Item Disclosure Endorsement (CL 0605
02 03) AAIS Filing No.: AAIS-2003-4
State Filing No.: R2003001089
Effective Date: 2/11/03
Company Action: Affiliated companies can adopt the endorsement by establishing
an effective date and notifying the insurance department in writing. Refer to the
applicable Filing Number(s) when corresponding with the Department. |
Regarding "non-certified" commercial losses
Non-certified terrorism losses are all commercial losses from acts of terrorism that
are not certified as such by the Secretary of the Treasury, and thus not covered by the
federal reinsurance program. These include, but are not necessarily limited to, acts
inspired, directed, and/or carried out by domestic U.S. groups or individuals.
Filing of non-certified materials is not anticipated in this state.
| Posting date: |
| Filings Submitted for Proposed Effective Date of: |
| AAIS commercial lines programs filed on
behalf of companies |
AAIS endorsement used to
exclude coverage for non-certified terrorism losses |
AAIS endorsement used to
exclude coverage for nuclear, biological, or chemical terrorism losses |
| Agricultural Output |
|
|
| Artisans |
|
|
| Businessowners |
|
|
| Commercial Inland Marine (filed classes) |
|
|
| Commercial Liability |
|
|
| Commercial Output |
|
|
| Commercial Output XL |
|
|
| Commercial Properties |
|
|
| Contractors & Developers Output |
|
|
| Crime |
|
|
| Farm Properties |
|
|
| Farmowners |
|
|
| Glass |
|
|
| Personal & Premises Liability (Farm Only) |
|
|
| AAIS Effective Date: |
| AAIS Filing Number(s): |
| State Filing Number(s): |
| Company action: |
| Comments: |
| AAIS commercial lines advisory filings |
AAIS endorsement number
for excluding coverage for non-certified terrorism losses |
AAIS endorsement used to
exclude coverage for nuclear, biological, or chemical terrorism losses |
| Commercial Umbrella |
|
|
| Farm Umbrella |
|
|
| AAIS Advisory Effective Date: |
| AAIS Filing Number(s): |
| State Filing Number(s): |
| Company action: |
| Comments: |
