AK Insurance Bulletin B06-09

Line Codes for Surplus Lines Transaction Reports

RevokedYear: 2006Length: 408 wordsOfficial source
550 W. 7th Avenue, Suite 1560, Anchorage, Alaska 99501-3567 Telephone: (907) 269-7900 Fax: (907) 269-7910 Text Telephone: (907) 465-5437 Email: insurance@commerce.state.ak.us Website: http://www.commerce.state.ak.us/insurance/ Frank H. Murkowski, Governor William C. Noll, Commissioner Linda S. Hall, Director Division of Insurance BULLETIN B 06-09 TO: ALL RESIDENT AND NONRESIDENT SURPLUS LINES BROKERS LICENSED IN THE STATE OF ALASKA AND OTHER INTERESTED PARTIES RE: LINE CODES FOR SURPLUS LINES TRANSACTION REPORTS Effective June 11, 2006, the codes listed in 3 AAC 25.090(b)(3) are repealed. Beginning June 11, 2006, the below-listed line codes that are currently in use in the National Association of Insurance Commissioners (NAIC) Annual Statement blank for property and casualty insurers are to be used in surplus lines transaction reports and monthly premium summary reports required under AS 21.34.170(a) and 3 AAC 25.090. Use these codes to identify the type of insurance reported. (a) fire (Code 1) (b) allied lines (Code 2) (c) farmowners multiple peril (Code 3) (d) homeowners multiple peril (Code 4) (e) commercial multiple peril (Code 5) (f) mortgage guaranty (Code 6) (g) ocean marine (Code 8) (h) inland marine (Code 9) (i) financial guaranty (Code 10) (j) medical malpractice – occurrence (Code 11.1) (k) medical malpractice – claims-made (Code 11.2) (l) earthquake (Code 12) (m) group accident and health (Code 13) (n) credit accident and health (group and individual) (Code 14) (o) other accident and health (Code 15) (p) workers’ compensation (Code 16) Note: Workers’ compensation requires compliance with AS 21.34.030 and includes USL&H and Jones Act coverages. (q) other liability – occurrence (Code 17.1) (r) other liability – claims-made (Code 17.2) (s) products liability – occurrence (Code 18.1) (t) products liability – claims-made (Code 18.2) (u) private passenger auto liability (Code 19.2) (v) commercial auto liability (Code 19.4) (w) auto physical damage (Code 21) (x) aircraft (all perils) (Code 22) (y) fidelity (Code 23) (z) surety (Code 24) (aa) burglary and theft (Code 26) (bb) boiler and machinery (Code 27) (cc) credit (Code 28) (dd) other lines of business (Code 33) Note: If you use this code, you must explain the type of coverage on the report. If there is a change to these codes, the division will issue a bulletin reflecting the changes. If you have questions regarding this bulletin, please contact Dee Ann Teseneer by phone at (907) 465-4610, by fax at (907) 465-3422, or by e-mail at deeann_teseneer@commerce.state.ak.us. Dated this 16th day of May, 2006, at Anchorage, Alaska. Linda S. Hall Director
AK Insurance Bulletin B06-09: Line Codes for Surplus Lines Transaction Reports | Justis AI