Below summarizes the updates addressed in this AIXMIC CPP Changes.
Rating & Issuance
ISO & AIX/ NOVA Updates – System has been updated with following state changes. The Effective Dates listed below are the system implementation dates (Control Date) and may not reflect Companies filed Approval Dates. When applicable, the changes reflect both CO 10 – Nova Casualty Company and CO 20 – AIX Specialty Insurance Company.
Illinois
• ISO 02/09 Package Mods, effective 2/1/09 Indiana
• ISO 04/09 General Liability Loss Costs, effective 4/1/09 • ISO 04/09 General Liability ILF’s, effective 4/1/09 Kansas
• ISO 04/09 Property Earthquake Loss Costs, effective 4/1/09 Kentucky
• ISO 02/09 General Liability Loss Costs, effective 2/1/09 • ISO 02/09 General Liability ILF’s, effective 2/1/09 Massachusetts
• ISO 02/09 Inland Marine Loss Costs, effective 2/1/09 Montana
• ISO 04/09 Property Loss Costs, effective 4/1/09 North Dakota
• ISO 04/09 Property Earthquake Loss Costs, effective 4/1/09 New York
• NVA Program GL LCM change, effective 2/1/09
Note: NVA quotes/ policies issued in January use 1.10 factor in the “All Other” factor field. System will automatically rate with new NVA GL LCM on 02/01/09 effectives & later.
Ohio
• ISO 04/09 Property Loss Costs, effective 4/1/09 Oklahoma
• ISO 04/09 General Liability ILF’s, effective 4/1/09 • ISO 04/09 General Liability Loss Costs, effective 4/1/09 Oregon
• ISO 03/09 General Liability ILF’s, effective 3/1/09 Pennsylvania
• ISO 04/09 General Liability ILF’s, effective 4/1/09 South Carolina
• ISO 01/09 General Liability ILF’s, effective 4/1/09 South Dakota
• ISO 04/09 Property Earthquake Loss Costs, effective 4/1/09 Tennessee
• ISO 04/09 General Liability ILF’s, effective 4/1/09 Texas
• ISO 02/09 Inland Marine Loss Costs, effective 2/1/09 Utah
• ISO 04/09 Property Loss Costs, effective 4/1/09 • ISO 03/09 General Liability ILF’s, effective 3/1/09 Wisconsin
• ISO 04/09 Property Loss Costs, effective 4/1/09 Wyoming
• ISO 04/09 Property Loss Costs, effective 4/1/09 • ISO 04/09 General Liability ILF’s, effective 4/1/09
Rating & Issuance - Forms
Connecticut• CP 04 39 (10-90) – Functional Personal Property Valuation (Other Than Stock), effective 2/1/09
• CP 12 19 (06-07) – Additional Insured – Building Owner, effective 2/1/09
• CP 12 32 (06-07) – Limitation on Loss Settlement – Blanket Insurance (Margin Clause), effective 2/1/09
• CP 14 70 (06-07) – Building Glass – Tenant’s Policy, effective 2/1/09 • CP 15 04 (06-07) – Discretionary Payroll Expense, effective 2/1/09
Note: Form CP 1504 is available for manual selection from the Property Forms Summary and text can be entered using Screen #32795 – Property Miscellaneous Screen.
• CP 15 32 (06-07) – Civil Authority Changes(s), effective 2/1/09
Note: Form CP 1532 is available for manual selection from the Property Forms Summary and text can be entered using Screen #32795 – Property Miscellaneous Screen.
• CP 15 55 (06-95) – Business Income Changes – Time Period, discontinued effective 2/1/09
• CP 15 56 (06-97) - Business Income Changes – Beginning of the Period of Restoration, discontinued effective 2/1/09
• CM 00 21 (08-08) – Camera and Musical Instruments Dealers Form, effective 5/1/09 • CM 00 22 (08-08) – Equipment Dealers Coverage, effective 5/1/09
• CM 00 52 (08-08) – Floor Plan Coverage Form, effective 5/1/09 • CM 00 59 (08-08) – Jewelers Block Coverage Form, effective 5/1/09 • CM 01 26 (08-08) – Louisiana Changes, effective 5/1/09
Florida
• IL 00 03 (09-08) – Calculation of Premium, effective 2/1/09
• IL 00 21 (09-08) – Nuclear Energy Liability Exclusion Endorsement (Broad Form), effective 2/1/09
Georgia
• CR 07 50 (08-08) – Amendment – Delete Provisions Regarding Certain Acts of Terrorism (Applicable to Crime/Fidelity Only), effective 4/1/09
• CR 07 59 (01-08) – Amendment – Delete Provisions Regarding Certain Acts of Terrorism (Applicable to Crime/Fidelity Only) – Georgia, Discontinued effective 4/1/09
Kansas
CG 20 07 (07-98) – Additional Insured – Engineers, Architects or Surveyors, discontinued effective 2/1/09
CG 20 09 (03-97) – Additional Insured – Owners, Lessees or Contractors – Scheduled Person or Organization (For Use When Contractual Liability Coverage is not Provided to You in this Policy), discontinued effective 2/1/09
CG 20 10 (03-97) – Additional Insured - Owners, Lessees or Contractors – Scheduled Person or Organization, discontinued effective 2/1/09
CG 20 15 (07-04) – Additional Insured – Vendors, discontinued effective 2/1/09
CG 20 28 ((07-04) - Additional Insured – Lessor or Leased Equipment, Discontinued effective 2/1/09
CG 20 29 (11-85) – Additional Insured – Grantor of Franchised, discontinued effective 2/1/09
CG 20 32 (07-98) – Additional Insured - Engineers, Architects or Surveyors Not Engaged by the Named Insured, discontinued effective 2/1/09
CG 20 33 (07-98) – Additional Insured – Owners, Lessees or Contractors - Automatic Status When Required in Lease Agreement With You, discontinued effective 2/1/09 CG 20 34 (07-04) – Additional Insured – Lessor of Leased Equipment - Automatic Status
When Required in Lease Agreement With You, discontinued effective 2/1/09
CG 20 37 (07-04) – Additional Insured – Owners, Lessees or Contractors – Completed Operations, discontinued effective 2/1/09
• CG 32 76 (01-09) – Kansas Additional Insured – Owners, Lessees or Contractors, effective 2/1/09
• CG 32 77 (01-09) – Kansas Additional Insured – Owners, Lessees or Contractors – Automatic Status When Required in Construction Agreement with You, effective 2/1/09
• CG 32 78 (01-09) - Kansas Additional Insured – Owners, Lessees or Contractors – Completed Operations, effective 2/1/09
• CG 32 79 (01-09) - Kansas Additional Insured – Owners, Lessees or Contractors- Vendors, effective 2/1/09
• CG 32 80 (01-09)- Kansas Additional Insured – Owners, Lessees or Contractors- Grantor of Franchise, effective 2/1/09
• CG 32 81 (01-09) - Kansas Additional Insured – Owners, Lessees or Contractors- Engineers, Architects or Surveyors, effective 2/1/09
• CG 32 82 (01-09) - Kansas Additional Insured – Owners, Lessees or Contractors-Owners, Lessees or Contractors- Engineers, Architects or Surveyors Not Engaged by the Named Insured, effective 2/1/09
• CG 32 83 (01-09) – Kansas Additional Insured – Owners, Lessees or Contractors – Lessor or Leased Equipment – Automatic Status When Required in Lease Agreement
Louisiana
• CM 00 21 (08-08) – Camera and Musical Instruments Dealers Form, effective 2/1/09 • CM 00 22 (08-08) – Equipment Dealers Coverage, effective 2/1/09
• CM 00 52 (08-08) – Floor Plan Coverage Form, effective 2/1/09 • CM 00 59 (08-08) – Jewelers Block Coverage Form, effective 2/1/09 • CM 01 26 (08-08) – Louisiana Changes, effective 2/1/09
Massachusetts
• CP 10 54 (06-07) – Windstorm or Hail Exclusion, Discontinued effective 2/1/09 • CP 12 18 (06-07) – Loss Payable Provisions, Discontinued effective 2/1/09 • CP 12 19 (06-07) – Additional Insured-Building Owner, effective 2/1/09
Note: Form CP 1219 is available for manual selection from the Property Footer Screen# 91201 along with Loss Payee. The same screen currently used for Loss Payee will also be available to capture the variable data for form CP1219.
• CP 12 32 (06-07) – Limitation on Loss Settlement – Blanket Insurance (Margin Clause), effective 2/1/09
• CP 14 70 (06-07) – Building Glass-Tenants Policy, effective 2/1/09
Note: Form CP 1470 is available for manual selection from the Property Forms Summary and text can be entered using Screen #32795 – Property Miscellaneous Screen.
• CP 15 03 (06-07) – Business Income – Landlord as Additional Insured (Rental Value), effective 2/1/09
• CP 15 04 (06-07) – Discretionary Payroll Expense, effective 2/1/09 • CP 15 32 (06-07) – Civil Authority Change(s), effective 2/1/09
• CP 15 55 (06-07) – Business Income Changes – Time Period, withdrawn effective 2/1/09 • CP 15 56 (06-07) – Business Income Changes – Beginning of the Period of Restoration,
effective 2/1/09
Note: Form CP 1556 is replacing form CP 1555 to modify the period of restoration definition by eliminating the 72-hour time deductible or by replacing it with a 24-hour time deductible. Form CP1556 is now variable and will print on the Declarations Page..
New York
• CG 01 63 (04-09) – New York Changes-Commercial General Liability Coverage Form, System will automatically attach on GL New/ Renewals, effective 2/1/09
• CP 01 33 (04-09)- New York Changes, System will automatically attach on Property New/ Renewals, effective 2/1/09
The User needs to manually select the above two forms for NY General Liability and/ or Property Quotes/ Policies effective 01/17/2009 – 1/31/2009 to comply with legislation. The system will automatically attach the forms effective 02/01/2009 & later.
"The law takes effect on January 17, 2009 (180 days after it was signed by the Governor on July 21, 2008). The amendments apply to all liability policies (including renewals) issued or delivered in New York on or after the effective date of January 17, 2009, including policies issued in the excess line market. Liability insurers are reminded of the necessity of promptly revising their property/casualty insurance policy forms to comply with the bill’s significant amendments.”
• CG 04 28 (12-04) – Pollution Exclusion – Named Peril Limited Exception for a Short-Term Pollution Event, effective 2/1/09
• CG 04 29 (12-04)- Pollution Exclusion – Limited Exception for a Short-Termed Pollution Event, effective 2/1/09
• CG 04 33 (12-04) – New York Changes – Pollution Exclusion – Named Peril Limited Exception for a Short-Term Pollution Event, discontinued effective 2/1/09
• CG 04 34 (12-04) – New York Changes – Pollution Exclusion-Limited Exception for a Short-Term Pollution Event, discontinued effective 2/1/09
Texas
• IL 00 03 (09-07) – Calculation of Premium, effective 2/1/09
• IL 01 71 (09-07) – Texas Changes – Loss Payment, effective 2/1/09
• IL 02 75 (09-07) – Texas Changes – Cancellation & Nonrenewal Provisions for Casualty Lines and Commercial Package Policies, effective 2/1/09
• IL 02 88 (09-07) – Texas Changes – Cancellation and Nonrenewal, effective 2/1/09 Vermont
Service Requests – Created
The following items were discovered during our Release Testing and will be scheduled in a future release.
SR 25909 – CT Earthquake Loss Cost, Rules update needed. SR 25925 – MA Earthquake Loss Cost, Rules update needed.
SR 25933 – Texas monoline Crime - Form IL 0171 0907 is not automatically attaching to the policy for policies effective 2/1/09 and later.