Reporting of Statistical Data

BULLETIN B20-25 TO: ADMITTED INSURERS WRITING PROPERTY AND CASUALTY BUSINESS IN THE STATE OF ALASKA AND OTHER INTERESTED PARTIES RE: REPORTING OF STATISTICAL DATA Regulatory Adoption Order RA20-02 adopted regulations which establish a new Article 7. Reporting of Statistical Data by Property and Casualty Insurance Companies within Title 3, chapter 29 of the Alaska Administrative Code, effective December 20, 2020, in accordance with AS 21.39.130(a). In particular, 3 AAC 29.620 requires: An insurer authorized in this state shall report the insurer's insurance statistical experience for lines of insurance described under 3 AAC 29.600(b) to a statistical agent designated by the director. The insurer shall submit the data in accordance with the statistical plans approved by the director under 3 AAC 29.615. This bulletin provides a listing of statistical agents designated by the director, by Annual Statement Line of Business (ASLOB). Where there are multiple statistical agents designated for a particular ASLOB, insurers may choose to which statistical agent they report. Where there are no statistical agents designated for a particular ASLOB, there is no requirement to report data at this time and no requirement to notify the director, despite 3 AAC 29.655. Statistical plans should be obtained from the statistical agents directly.  Contact information for statistical agents can be found in the Actuarial section of the Division's Annual Report. If you have questions regarding this bulletin, please contact Michael Ricker at (907) 465-2564; or via email at michael.ricker@alaska.gov. Dated December ___, 2020. _____________________________ Lori Wing-Heier Director 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 17     Annual Statement Line of Business AAIS ISO ISS NISS NCCI SFAA 1 Fire X X X X 2.1 Allied lines X X X X 2.2 Multiple peril crop X 2.3 Federal flood X 2.4 Private crop X 2.5 Private flood X X X X 3 Farmowners multiple peril X X X X 4 Homeowners multiple peril X X X X 5.1 Commercial multiple peril (non-liability portion) X X X X 5.2 Commercial multiple peril (liability portion) X X X X 6 Mortgage guaranty 8 Ocean marine Not subject to reporting 9 Inland marine X X X X 10 Financial guaranty 11 Medical professional liability X X X X 12 Earthquake X X X X 16 Workers' compensation (statutory) X 16 Workers' compensation (employers' liability and non-statutory) X X 17.1 Other liability – occurrence X X X X 17.2 Other liability - claims-made X X X X 17.3 Excess workers' compensation X 18 Products liability X X X X 19.1 Private passenger auto no-fault (personal injury protection) X X X X 19.2 Other private passenger auto liability X X X X 19.3 Commercial auto no-fault (personal injury protection) X X X X 19.4 Other commercial auto liability X X X X 21.1 Private passenger auto physical damage X X X X 21.2 Commercial auto physical damage X X X X 22 Aircraft (all perils)1 23 Fidelity X X X X 24 Surety X X X 26 Burglary and theft X X X X 27 Boiler and machinery X X X X 28 Credit 29 International 30 Warranty X X 34 Aggregate write-ins for other lines of business X X AAIS = American Association of Insurance Services ISO = Insurance Services Office, Inc. ISS = Independent Statistical Service NISS = National Independent Statistical Service NCCI = National Council on Compensation Insurance SFAA = The Surety & Fidelity Association of America                                                             1 A portion of ASLOB 22 is exempted from reporting requirements by 3 AAC 29.600(b) and AS 21.39.020(a)(4). The table represents the non-exempt portion.