Oklahoma Insurance Department Rate and Form Compliance Division Property and Casualty Filing Activity Report
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OKLAHOMA INSURANCE DEPARTMENT RATE AND FORM COMPLIANCE DIVISION PROPERTY AND CASUALTY FILING ACTIVITY REPORT FILING ACTIVITY FOR 02-01-2014 THROUGH 02–28–2014 Title 36, Section 306 and Title 51, Section 24A.5 - All form filings and other records of the Property and Casualty Division are open to any person for inspection, copying, or mechanical reproduction during normal business hours; this does not apply to confidential records protected by evidentiary privilege (i.e. an assertion of trade secret status for underwriting criteria). Title 365:15-9-9 Medical practice rate change application is a public record. All parts of a rate change application submitted by an insurer pursuant to 36 O.S. §6821 shall be a public record upon receipt by the Insurance Department. An insurer may not make an assertion of confidentiality for any part of a rate change application. Title 36 O.S. 987F. A filing and any supporting information required to be filed shall be open to public inspection once the filing becomes effective except information marked confidential, trade secret, or proprietary by the insurer or filer. BULLETIN NO. PC 02-27-09 TO: ALL FROM: THE OKLAHOMA INSURANCE DEPARTMENT RE: RATE AND FORM COMPLIANCE DIVISION – PROPERTY AND CASUALTY MONTHLY FILING ACTIVITY REPORT DATE: February 27, 2009 (Revised August 9, 2013) PURPOSE OF THIS BULLETIN The Rate and Form Compliance Division of the Oklahoma Insurance Department (“Department”) has developed a monthly report of the filing activities of property and casualty insurers admitted in the State of Oklahoma. The monthly reports may be used to monitor the Oklahoma property and casualty insurance marketplace. The reports will be posted on the Department’s website on a monthly basis. For your convenience, each document will be in searchable format. The Department will provide copies in electronic format of public documents contained in any filing at a cost of $0.40 per page, plus additional costs as appropriate. The Department will accommodate requests for public documents in other formats as needed. In addition to all other charges, a search fee may be charged when records are requested for commercial purposes or when responding to a request would be excessively disruptive to the essential functions of the Department. Postage costs must also be paid by the requestor. Requests should be emailed to both [email protected] and [email protected] The request must identify the OID and/or Sircon number for filings submitted from 2005 through June 2011. Requests for filings submitted after June 2011 must identify the SERFF and/or Sircon filing number. The SERFF and/or Sircon filing number is identified on the report for each filing. (Example – Filing: ABCD-127123586 and/or 31769). All requests must identify the lead insurance company and the month the filing was posted. Some filings will contain fewer than ten (10) pages while others will contain hundreds. It is the requestor’s responsibility to inform the Department of limitations as to the number of pages for which the requestor is willing to pay. The Department’s SERFF computer may be used by the public to view filings. Although appointments are not required to view filings, it is strongly suggested due to the limited amount of space and equipment. Individuals making appointments will be given priority access to the SERFF computer. Bulletin PC 02-27-09 Page Two Questions applicable to this Bulletin should be directed to Cuc Nguyen at [email protected] of the Rate and Form Compliance Division of the Oklahoma Insurance Department, Five Corporate Plaza, 3625 NW 56th Street, Suite 100, Oklahoma City, OK 73112. (The 8/9/13 revision only changes the name and email of the contact person) The Oklahoma Insurance Department encourages readers of this Bulletin to periodically check the Department’s web site www.oid.ok.gov for news and updates to Bulletins, Orders and other relevant material. OKLAHOMA INSURANCE DEPARTMENT Filing Activity Report for 02/01/2014 through 02/27/2014 Page 1 of 228 1 ACE American Insurance Company Indemnity Insurance Company of North America The companies are filing revised commercial general liability rules to correspond with the revised form filing for the Bicycle Industry Program. Filing Type: Rule State Type of Insurance: 17.1 Other Liability-Occ Only Submission Date: 12/02/2013 State Sub-TOI: 17.1001 Commercial General Liability Effective Date: 02/01/2014 Disposition Status: Filed Disposition Date: 12/09/2013 SERFF Tracking Number: ACEH-129316107 2 ACE American Insurance Company ACE Fire Underwriters Insurance Company ACE Property and Casualty Insurance Company Indemnity Insurance Company of North America Pacific Employers Insurance Company The companies are filing new and revised forms for use in the Commercial Auto Program, excluding Farm. Filing Type: Form State Type of Insurance: 20.0 Commercial Auto Submission Date: 01/24/2014 State Sub-TOI: 20.0000 Commercial Auto Combinations Effective Date: 06/01/2014 Disposition Status: Approved Disposition Date: 02/12/2014 SERFF Tracking Number: ACEH-129377293 OKLAHOMA INSURANCE DEPARTMENT Filing Activity Report for 02/01/2014 through 02/27/2014 Page 2 of 228 3 ACE American Insurance Company ACE Fire Underwriters Insurance Company ACE Property and Casualty Insurance Company Bankers Standard Insurance Company Indemnity Insurance Company of North America Insurance Company of North America Pacific Employers Insurance Company WESTCHESTER FIRE INSURANCE COMPANY The companies are filing 5 new commercial inland marine endorsements: Installation XTRA Reporting Endorsement (ACE0282), Rate Schedule Endorsement (ACE0468), Loss Of Rents - Occupied Units Only Endorsement (ACE0772), Occupancy Restriction Endorsement (ACE 0777) and Existing Property Coverage Endorsement (ACE 0778). Filing Type: Form State Type of Insurance: 09.0 Inland Marine Submission Date: 02/05/2014 State Sub-TOI: 09.0005 Other Commercial Inland Marine Effective Date: 03/15/2014 Disposition Status: Approved Disposition Date: 02/10/2014 SERFF Tracking Number: ACEH-129402594 4 ACE American Insurance Company General Reinsurance Corporation Liberty Mutual Insurance Company National Liability & Fire Insurance Company OKLAHOMA INSURANCE DEPARTMENT Filing Activity Report for 02/01/2014 through 02/27/2014 Page 3 of 228 The companies are filing two new aviation forms for use with the United States Aircraft Insurance Group's "400 All-Clear" Aircraft Policy; Aerial Applicator's Premises Liability Coverage and Amendment of Aerial Applicator's Premises Liability Coverage Endorsement. Filing Type: Form State Type of Insurance: 22.0 Aircraft Submission Date: 02/05/2014 State Sub-TOI: 22.0000 Aircraft Effective Date: 02/10/2014 Disposition Status: Approved Disposition Date: 02/10/2014 SERFF Tracking Number: USAU-129394644 5 ACE American Insurance Company ACE Fire Underwriters Insurance Company ACE Property and Casualty Insurance Company Bankers Standard Fire & Marine Company Bankers Standard Insurance Company Indemnity Insurance Company of North America Insurance Company of North America Pacific Employers Insurance Company WESTCHESTER FIRE INSURANCE COMPANY The companies are filing a revision to the workers' compensation endorsement, Voluntary Compensation Endorsement Foreign WC 99 03 02D. The endorsement is applicable to all listed companies except Westchester Fire IC. Filing Type: Form State Type of Insurance: 16.0 Workers Compensation Submission Date: 02/07/2014 State Sub-TOI: 16.0004 Standard WC Effective Date: 01/01/2015 Disposition Status: Approved Disposition Date: 02/11/2014 SERFF Tracking Number: ACEH-129406029 OKLAHOMA INSURANCE DEPARTMENT Filing Activity Report for 02/01/2014 through 02/27/2014 Page 4 of 228 6 ACE Property and Casualty Insurance Company Agri General Insurance Company The companies are filing revised rates for the Crop-Hail Insurance Program based on loss costs contained in National Crop Insurance Services' filing designation 2014NCISCH-OK1 and the currently filed loss cost multiplier of 1.471. The overall rate effect is +2.8%/+$8,555. Filing Type: Loss Cost With Rule and or Rate State Type of Insurance: 02.1 Crop Submission Date: 01/07/2014 State Sub-TOI: 02.1001 Crop-Hail Non-Federally Reinsured Only Effective Date: 02/10/2014 Disposition Status: Filed Disposition Date: 01/08/2014 SERFF Tracking Number: ACEH-129362171 7 ACE Property and Casualty Insurance Company The company is filing four new Conditional Terrorism Exclusions for use with the Claims Made Umbrella Policy. Filing Type: Form State Type of Insurance: 17.2 Other Liability-Claims Made Only Submission Date: 02/12/2014 State Sub-TOI: 17.2020 Commercial Umbrella and Excess Effective Date: 03/14/2014 Disposition Status: Approved Disposition Date: 02/28/2014 SERFF Tracking Number: ACEH-129411969 OKLAHOMA INSURANCE DEPARTMENT Filing Activity Report for 02/01/2014 through 02/27/2014 Page 5 of 228 8 AMERICAN MERCURY INSURANCE COMPANY The company is filing for the Aligned Private Passenger Auto Program to revise base rates, territorial relativity rating factors, driving point factors and multi-policy discount. The filing is amended to include a manual page containing the revised base rates. There is no overall rate effect. Filing Type: Rate State Type of Insurance: 19.0 Personal Auto Submission Date: 12/31/2013 State Sub-TOI: 19.0001 Private Passenger Auto (PPA) Effective Date: 02/01/2014 Disposition Status: Filed As Amended Disposition Date: 01/08/2014 SERFF Tracking Number: MERY-129357209 9 AMERICAN MERCURY INSURANCE COMPANY The company is