**This bulletin and its attachments have been made available at the AAIS open Web site: AAISonline.com. This bulletin will not be distributed in a paper format.**

 MISSOURI 
SPECIAL NON-CERTIFIED ACT OF TERRORISM DISCLOSURE NOTICES AVAILABLE

The two AAIS disclosure notices that describe the extent to which coverage is excluded under the non-certified terrorism exclusion endorsements have been acknowledged by the Missouri Department of Insurance and are attached to this Bulletin.

BACKGROUND

In addition to the certified terrorism loss disclosure requirements set forth in the Terrorism Risk Insurance Act of 2002, Missouri Bulletin 03-01, dated March 18, 2003, requires that disclosures also be made any time that a non-certified terrorism exclusion endorsement is attached to a policy. As a result, AAIS has developed two non-certified disclosure notices: one that can be used when nuclear, biological, chemical and other acts which are subject to thresholds are excluded, and one that can be used when only nuclear, biological, and chemical acts are excluded.

NOTICE CL 0315 04 03 (corresponds to non-certified terrorism endorsements that exclude losses executed through nuclear, biological, or chemical means and other losses, provided that such other losses meet specified property damage or bodily injury thresholds)

NOTICE CL 0316 04 03 (corresponds to non-certified terrorism endorsements that exclude only those losses executed through nuclear, biological, or chemical means)

 
FILING NUMBERS

Disclosure notices CL 0315 04 03 and CL 0316 04 03 were submitted for informational purposes under the following AAIS filing numbers. Refer to these filing numbers in any correspondence directed to the Insurance Department.

 
COMPANY ACTION

All Referenced Programs Except Commercial Umbrella, Farm Umbrella, and Inland Marine Guide

Disclosure Notices

Affiliated companies can use the AAIS policyholder notices as filed, 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 required to place them on file for informational purposes.

Commercial Umbrella and Farm Umbrella

Disclosure Notices

Affiliated companies that wish to adopt the AAIS policyholder notices as filed, with slight modifications for individual policies, must do so by notifying the Insurance Department in writing. Companies that develop their own notices are required to place them on file for informational purposes.

Inland Marine Guide

Disclosure Notices

Affiliated companies that wish to adopt the AAIS policyholder notices as filed, with slight modifications for individual policies, must do so by notifying the Insurance Department in writing. Companies that develop their own notices are required to place them on file for informational purposes.

SUPPLIES

The notices filed for use in this state have been released to Uniform Information Services, Inc. (UIS), the print vendor for AAIS forms and endorsements. Call UIS at (800) 382-2424 to order the notices in paper printed format. Call UIS at 800-782-9481 to order the text of the AAIS notices in a variety of electronic formats.

AAIS also offers the notice text in limited electronic formats. Call Veronica Clarke at 800/564-AAIS for more information.

FORMS AND ENDORSEMENTS LISTINGS

The Missouri forms and endorsements listings for the referenced programs will be updated in the near future to reflect the addition of the non-certified terrorism disclosure notices.

ATTACHMENTS
 
--   CL 0315   04 03     Policyholder Disclosure -- Notice Of Terrorism Exclusion
--   CL 0316    04 03     Policyholder Disclosure -- Notice Of Terrorism Exclusion

Direct Questions to:

Edie Gardner, CPCU
Product Development Specialist
edieg@AAISonline.com