AK Insurance Bulletin B17-06

Line Codes for Surplus Lines Transaction Reports

Year: 2017Length: 623 wordsOfficial source
[LOGO] THE STATE of ALASKA GOVERNOR BILL WALKER Department of Commerce, Community, and Economic Development DIVISION OF INSURANCE P.O. Box 110805 Juneau, AK 99811-0805 Main: 907.465.2515 Fax: 907.465.3422 # BULLETIN B 17-06 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 This bulletin publishes the latest line codes currently in use in the National Association of Insurance Commissioners (NAIC) Annual Statement blank for property and casualty insurers. These codes are to be used on the Report of Surplus Lines Transaction form required under AS 21.34.080 and 3 AAC 25.090. This bulletin revokes and replaces Bulletin B 08-08, issued December 12, 2008. The reporting forms are available on our web site, www.insurance.alaska.gov, under Surplus Lines. Use the following codes to identify the type of coverage reported, listed both alphabetically and by code number. When the premiums for multiple lines of coverage are identifiable on a given policy, include each line code separately on the Report of Surplus Lines Transaction form. Line of business - (code #) Accident and health, group (Code 13), Note: this code will require compliance with AS 21.34.035 if it is for health care insurance. Accident and health, other (Code 15), Note: this code will require compliance with AS 21.34.035 if it is for health care insurance. Aircraft, all perils (Code 22) Allied lines (Code 2.1) Auto liability, commercial (Code 19.4) Auto liability, private passenger (Code 19.2) Auto physical damage, commercial (Code 21.2) Auto physical damage, private passenger (Code 21.1) Boiler and machinery (Code 27) Burglary and theft (Code 26) Commercial multiple peril - liability (Code 5.2) Commercial multiple peril - non-liability (Code 5.1) Credit (Code 28) Crop multiple peril (Code 2.2) Crop, Private (Code 2.4) Earthquake (Code 12) Excess workers' compensation (Code 17.3) Farmowners multiple peril (Code 3) Fidelity (Code 23) Financial guaranty (Code 10) Fire (Code 1) Flood, Federal (Code 2.3) Flood, Private (Code 2.5) Homeowners multiple peril (Code 4) Inland marine (Code 9) Liability, auto - see 'auto' Liability, other (Code 17) Liability, products (Code 18) Liability, professional (Code 17) Medical professional liability (Code 11) Mortgage guaranty (Code 6) Ocean marine (Code 8) Other lines of business (Code 34) Note: If you use this code, you must explain the type of coverage on the report. Professional liability (Code 17) Surety (Code 24) Warranty (Code 30) Workers' compensation (Code 16) Note: Workers' compensation requires compliance with AS 21.34.030, and includes MEL, USL&H and Jones Act coverages. ### (Code #) - line of business (1) Fire (2.1) Allied lines (2.2) Multiple peril crop (2.3) Federal flood (2.4) Private crop (2.5) Private flood (3) Farmowners multiple peril (4) Homeowners multiple peril (5.1) Commercial multiple peril - non-liability (5.2) Commercial multiple peril - liability (6) Mortgage guaranty (8) Ocean marine (9) Inland marine (10) Financial guaranty (11) Medical professional liability (12) Earthquake (13) Group accident and health Note: this code will require compliance with AS 21.34.035 if it is for health care insurance. 3 (15) Other accident and health Note: this code will require compliance with AS 21.34.035 if it is for health care insurance. (16) Workers' compensation Note: Workers' compensation requires compliance with AS 21.34.030, and includes MEL, USL&H and Jones Act coverages. (17) Other liability (17.3) Excess workers' compensation (18) Products liability (19.2) Other private passenger auto liability (19.4) Other commercial auto liability (21.1) Private passenger auto physical damage (21.2) Commercial auto physical damage (22) Aircraft (all perils) (23) Fidelity (24) Surety (26) Burglary and theft (27) Boiler and machinery (28) Credit (30) Warranty (34) Other lines of business Note: If you use this code, you must explain the type of coverage on the report. Dated August 3rd, 2017 Lori Wing-Heier Director 4
AK Insurance Bulletin B17-06: Line Codes for Surplus Lines Transaction Reports | Justis AI