| Date: July 28, 2003 |
Bulletin Number: |
03-0270 |
| Line(s) of
Insurance: |
Agricultural Output
Artisans
Businessowners
Commercial Inland
Marine
Commercial Liability
Commercial Output
|
Commercial Output XL
Commercial Properties
Contractors &
Developers Output
Crime
Farm Properties
|
Farmowners
Glass
Personal & Premises
Liability
|
**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.**
FLORIDA,
NEW YORK, AND TEXAS
CERTIFIED TERRORISM LOSS MANUAL RULES SUPPLEMENT AVAILABLE
Reference Bulletin:
02-0550 and 03-0092
Manual rules
that address the use of only the Certified Terrorism Loss endorsements described in
Reference Bulletins 02-0550 and 03-0092 have been filed and are available for use,
effective immediately, in the states of Florida, New York, and Texas.
BACKGROUND
The sample Rule
Supplements that are shown on our public web site as attachments to Bulletin 02-0550
contain both certified and non-certified terrorism rules. As a result, special abridged
supplements, that contain rules pertaining only to the AAIS certified terrorism filings
were developed for use in those states where non-certified filings were not made
(specifically, Florida, New York, and Texas).
FILING NUMBERS
Refer to the
following filing numbers in all correspondence directed to the insurance department.
FLORIDA
Program |
AAIS File No. |
State File No. |
Agricultural Output, Artisans,
Businessowners, Commercial Output, and Contractors & Developers Output |
AAIS-2002-83COMR |
FCC 03-07943 |
Commercial Inland Marine (Filed
Classes) |
N/A--No Filing Required |
N/A |
Commercial Liability and
Personal & Premises Liability (Farm Only) |
AAIS-2002-83CLR |
FCC 03-07960 |
Commercial Properties, Farm
Properties, and Glass |
AAIS-2002-83CFR |
FCC 03-07945 |
Crime |
AAIS-2002-83CRR |
FCC 03-07963 |
Farmowners |
AAIS-2002-83FOR |
FCC 03-07964 |
NEW YORK
Program |
AAIS Filing Number |
State File No. |
Agricultural Output,
Artisans, Businessowners, Commercial Inland Marine,
Commercial Liability, Commercial Output, Commercial Output XL, Commercial Properties,
Crime, Farm Properties, Farmowners, Glass, and Personal & Premises Liability (Farm
Only) |
AAIS-2002-83CertR |
R2003003241 |
TEXAS
Program |
AAIS File No. |
State File No. |
Agricultural Output |
AAIS-2002-83AGCERTR |
TDI No. 9212439257; Link No.
68933 |
Artisans |
AAIS-2002-83APCERTR |
TDI No. 9212439261; Link No.
68935 |
Businessowners |
AAIS-2002-83BPCERTR |
TDI No. 9212439262; Link No.
68936 |
Commercial Inland Marine (filed
classes) |
AAIS-2002-83CIMCERTR |
TDI No. 9212439222; Link No.
68915 |
Commercial Liability |
AAIS-2002-83CLCERTR |
TDI No. 9212439270; Link No.
68943 |
Commercial Output |
AAIS-2002-83COPCERTR |
TDI No. 9212439263; Link No.
68937 |
Commercial Output XL |
AAIS-2002-83COPXLCERTR |
TDI No. 9212439265; Link No.
68939 |
Commercial Properties |
AAIS-2002-83CPCERTR |
TDI No. 9212439225; Link No.
68918 |
Crime |
AAIS-2002-83CRCERTR |
TDI No. 9212439223; Link No.
68916 |
Farmowners |
AAIS-2002-83FOCERTR |
TDI No. 9212439234; Link No.
68920 |
Glass |
AAIS-2002-83GSCERTR |
TDI No. 9212439221; Link No.
68914 |
COMPANY ACTION
Florida
Companies that have granted AAIS filing
authority for rules can adopt the manual supplement without notifying the insurance
department if they intend to use it without change.
However, companies that choose to depart from
the AAIS filed rules, including a decision not to adopt the manual supplement, must notify
the insurance department in writing as soon as possible. Commercial Inland Marine is
deregulated. Therefore, no notification to the state is required with respect to this line
of insurance.
New York
Companies that have granted AAIS
filing authority for rules are required to notify the insurance department as soon as
possible as to whether or not they intend to adopt this filing.
In accordance with filing
procedures recently established by the insurance department, companies that choose not to
adopt a rules filing or that choose to delay adoption of the filing 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 the coverage.
Companies that intend to adopt
the rules contained in this filing must file the necessary state filing form and
designate the effective date for the revised rules.
Texas
Affiliated
companies can adopt the rules supplement by establishing an effective date and submitting the necessary reference filing(s)
to the Texas Department of Insurance.
However, due to special Texas guidelines, the
AAIS rules supplement was placed on file for the Farmowners program, with respect to
commercial farm risks only (i.e., filed as commercial multi-peril & used when form
GL-610 is attached). Companies will need to file a separate adoption if they also wish to
use the rules supplement when writing personal farm risks (when form GL-2 is attached).
AVAILABILITY
All future
manual orders in the aforementioned programs and states will include the certified only
Rules Supplement pages.
ATTACHMENTS
-- Florida Certified Terrorism Loss Rules Supplement (Rev 1.0)
-- New York Certified Terrorism Loss Rules
Supplement (Rev 1.0)
-- Texas Certified Terrorism Loss Rules
Supplement (Rev 1.0)
Direct Questions to:
Edie Gardner, CPCU
Product Development Specialist
edieg@AAISonline.com
Copyright, American Association of Insurance Services, Inc., 2003
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