Earthquake Coverage Market Analysis Revised Reporting Form

Arkansas Insurance Department Mike Beebe Julie Benafield Bowman Governor Commissioner 1200 West Third Street, Little Rock, AR 72201-1904 · (501) 371-2600 · (501) 371-2618 fax · www.insurance.arkansas.gov Information (800) 282-9134 · Consumer Services (800) 852-5494 · Seniors (800) 224-6330 · Criminal Inv. (866) 660-0888 BULLETIN NO. 5-2007 DATE: November 16, 2007 TO: ALL LICENSED PROPERTY AND CASUALTY INSURERS, FARMERS’ MUTUAL AID ASSOCIATIONS, SURPLUS LINES INSURERS, NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS, AND OTHER INTERESTED PARTIES. FROM: ARKANSAS INSURANCE DEPARTMENT SUBJECT: EARTHQUAKE COVERAGE MARKET ANALYSIS REVISED REPORTING FORM Pursuant to the provisions of Arkansas Code Annotated § 23-102-107(b)(9), the Arkansas Earthquake Authority must review the status of the Arkansas Voluntary Residential Earthquake Market by providing an analysis of the number of companies writing residential earthquake coverage in the state of Arkansas. Residential earthquake coverage means homeowner, noncommercial dwelling fire, mobile home, and farmowner lines of business. The reporting form has been revised. It may be found using the Data Report Deadlines link on the Property & Casualty Division webpage at http://insurance.arkansas.gov/PandC/divpage.htm. Companies must indicate whether they are actively writing new residential earthquake coverage business or the date the company ceased writing earthquake new business. In-force exposures (dwelling and contents values provided in the policy) must be reported by county. The report must be submitted without formatting changes as an Excel spreadsheet by e-mail to becky.harrington@arkansas.gov by April 1 each year. All questions should be directed to Becky Harrington, Certified Analyst, Property & Casualty Division, Arkansas Insurance Department, 1200 West Third Street, Little Rock, AR 72201, via e-mail to becky.harrington@arkansas.gov or by phone at (501) 371-2800. ___________________________________________ __________________________________ JULIE BENAFIELD BOWMAN DATE INSURANCE COMMISSIONER STATE OF ARKANSAS Signed by Julie Benafield Bowman November 16, 2007 (Due April 1, annually) Instructions: Date Submitted Company Name NAIC #: Address City, State, Zip Code Contact Person Email address Telephone Number Residential Earthquake County Exposure Arkansas (yes or no) Ashley Baxter Date Company Ceased Benton Writing New Business: Boone Bradley Calhoun Carroll Chicot Clark Clay Cleburne Cleveland Columbia Conway Craighead Crawford Crittenden Cross Dallas Desha Drew Faulkner Franklin Fulton Garland Grant Greene Hempstead Hot Spring Howard Independence Izard Jackson Jefferson Johnson Lafayette Lawrence Lee Lincoln Little River Logan Lonoke Madison Marion Miller Mississippi Monroe Montgomery Nevada Newton Ouachita Perry Phillips Pike Poinsett Polk Pope Prairie Pulaski Randolph Saline Scott Searcy Sebastian Sevier Sharp St. Francis Stone Union Van Buren Washington White Woodruff Yell Total 0 Actively Writing New Business Residential Earthquake ARKANSAS RESIDENTIAL EARTHQUAKE COVERAGE MARKET ANALYSIS REPORT 2. Residential Earthquake Exposure means: Combined Dwelling and Contents values provided under inforce Residential policies. 1. Residential Earthquake Coverage means: homeowner, noncommercial dwelling fire, mobile home and farmowners. 3. Actively writing new business: Indicate whether the company is currently writing new residential earthquake business. 4. Submit to Becky.Harrington@arkansas.gov as an Excel spreadsheet document.