Special Data Call for 2011 Commercial Property and Businessowners Direct Written Premium in the Texas Catastrophe Area

Home Bulletins 2012 Bulletins B-0005-12 March 22, 2012 To:   ALL PROPERTY AND CASUALTY INSURANCE COMPANIES WRITING DIRECT COMMERCIAL PROPERTY AND BUSINESSOWNERS INSURANCE IN TEXAS Re:   Special Data Call for 2011 Commercial Property and Businessowners Direct Written Premium in the Texas Catastrophe Area DUE: April 23, 2012 The Texas Department of Insurance issues the attached data call pursuant to §2210.052(b) of the Texas Insurance Code. This data call is designed to collect specific data from companies licensed to write direct commercial property or businessowners insurance in Texas during calendar year 2011. This data call is necessary to allow the calculation of participation shares in the event of assessments by the Texas Windstorm Insurance Association (TWIA). Companies Subject to this Data Call You must complete and return this call by no later than April 23, 2012, because your company falls into one of the following two categories. You are required to submit the attached data call form and certification to the Department even if no applicable business is written in the Texas Catastrophe Area. NOTE: This data call is only being mailed to companies that fall into one of the following two categories. Category 1 • Companies reporting 2011 Texas commercial property or businessowners statistical data to the Insurance Services Office (ISO) under a minimum or limited reporting format which did not include place code or ZIP Code level detail. This report specifically includes companies reporting under the Texas Department of Insurance Minimum Reporting Guidelines for commercial lines statistical reporting. Category 2 • Companies reporting 2011 Texas commercial property or businessowners statistical data to ISO under a full reporting plan format which have not had all four quarters of their 2011 data fully accepted by ISO as of March 2, 2012. Companies falling into this category must report premiums for the entire year, not just the quarters of 2011 that have not been accepted by ISO. Definitions of Terms The Texas Catastrophe Area is defined as the area comprised of the following Texas counties: Aransas, Brazoria, Calhoun, Cameron, Chambers, Galveston, Jefferson, Kenedy, Kleberg, Matagorda, Nueces, Refugio, San Patricio, Willacy, and the following portions of Harris County City of Seabrook - all areas east of Highway 146 City of La Porte - all areas east of Highway 146 City of Morgan's Point City of Pasadena - all areas east of Highway 146 City of Shoreacres - all areas east of Highway 146 Voluntary Commercial Allied Lines Direct Written Premium is defined as the total direct written allied lines premium on commercial monoline or multi-peril policies insuring commercial risks in the Texas Catastrophe Area which include coverage for losses due to windstorm damage. Voluntary premium does not include allied lines premium on policies insuring commercial risks in the Catastrophe Area if the policy contains a windstorm exclusion. Voluntary Businessowners Direct Written Premium is defined as the total direct written premium on policies insuring commercial risks in the Texas Catastrophe Area which include coverage for losses due to windstorm damage. Voluntary premium does not include direct written premium on policies insuring commercial risks in the Catastrophe Area if the policy contains a windstorm exclusion. Complete and return the attached form for each company in your group no later than April 23, 2012 to one of the following: Texas Department of Insurance Regulatory Policy, Property & Casualty - Data Services (MC 105-5D) Attn: Gary Gola P.O. Box 149104 Austin, TX 78714-9104 By e-mail to gary.gola@tdi.state.tx.us By fax to 512-463-6122 The Department and/or TWIA may request additional information in support of premium reported pursuant to this special data call. Questions about this data call should be directed to Gary Gola at 512-475-3026. ___________________ Gary Gola Regulatory Policy, Property and Casualty - Data Services For more information, contact: ChiefClerk@tdi.texas.gov