TDI Commissioner's Bulletin B-0011-01

Special Data Call for 2000 Commercial Property and Business Owners Direct Written Premium in the Texas Catastrophe Area - Also available in Word

Year: 2001Length: 1,183 wordsOfficial source
Texas Department of Insurance Property & Casualty Program – Special Projects, Mail Code 105-5S 333 Guadalupe • P. O. Box 149104, Austin, Texas 78714-9104 Commissioner’s Bulletin #B-0011-01 March 9, 2001 TO: PROPERTY AND CASUALTY INSURANCE COMPANIES WRITING DIRECT COMMERCIAL PROPERTY AND BUSINESSOWNERS INSURANCE IN TEXAS RE: Special Data Call for 2000 Commercial Property and Business Owners Direct Written Premium in the Texas Catastrophe Area DUE: April 16, 2001 Pursuant to Tex. Ins. Code Ann. §38.001 (Vernon Supp. 2000) the Texas Department of Insurance requests specific data from companies licensed to write direct commercial property or business Owners insurance in Texas during calendar year 2000. 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 Companies falling into one of the following categories are subject to this call and must comply by April 16, 2001. Please note that companies falling into either of the following 2 categories are required to submit the attached data call form(s) and certification to the Department even if no applicable business is written in the Texas Catastrophe Area. Report 1 • Companies reporting 2000 Texas commercial property or business owners 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. Commissioner’s Bulletin #B-0011-01 Page 2 Report 2 • Companies reporting 2000 Texas commercial property or business owners statistical data to ISO under a full reporting plan format which have not had all four quarters of 2000 data fully accepted by ISO as of March 1, 2001. Companies falling into this category should report premiums for the entire year, not just quarters of 2000 which have not been accepted by ISO. Please note that the mere submission of data to ISO does not excuse compliance with this data call. It is the responsibility of the reporting company to verify that data submitted to ISO has passed edit checks and has been fully accepted. All companies which have 2000 Texas commercial property or business owners statistical data outstanding or pending corrections as of March 1, 2001 to comply with this data call by the stated deadline of April 16, 2001. 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 (see Statistical Reporting Bulletins #24 and #38 for place coding details) 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 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 Business Owners 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. Commissioner’s Bulletin #B-0011-01 Page 3 Please complete and return the attached form(s) for each company in your group no later than April 16, 2001 to the following address: Texas Department of Insurance Property & Casualty – Special Projects (MC 105-5S) Attn: Charlie Lowe (CL Data Call) P.O. Box 149104 Austin, TX 78714-9104 Instructions for Completing the Attached Form(s): Complete all forms that apply to the manner in which your company reports Texas experience under the Commercial Lines Statistical Plan: Report 1 Report calendar year 2000 premiums reported under minimum or limited reporting format. See Companies Subject to this Data Call, above, for more details. Report 2 Report premiums for all of calendar year 2000 if your company is under a full reporting plan format and ISO has not fully accepted your entire 2000 reportings by March 1, 2001. Voluntary Commercial Monoline / Multi-Peril Allied Direct Written Premium Report on the attached form(s) the company’s calendar year 2000 direct written allied lines premium on commercial monoline or multi-peril policies written in the Texas Catastrophe Area which do not exclude windstorm coverage. Report premium by county or designated area as listed on the form. The Department and/or TWIA may request additional information in support of premium reported pursuant to this special data call. Questions about the call should be directed to Charlie Lowe at (512) 463-6575. ___________________ Gary Gola Special Projects Director Property & Casualty MC 105-5S (512) 475-3026 (phone) (512) 463-6122 (fax) Special Data Call for 2000 Commercial Property and Businessowners Direct Written Premium in the Texas Catastrophe Area Company Name _______________________________________________ NAIC Company Number ______________ NAIC Group Number ______ Report 1 2000 premiums that fall under minimum or limited reporting format only County Voluntary Commercial Monoline Allied Direct Written Premium Voluntary Commercial Multi-Peril Allied Direct Written Premium Voluntary Business Owners Direct Written Premium Aransas Brazoria Calhoun Cameron Chambers Galveston Harris County* Jefferson Kenedy Kleberg Matagorda Nueces Refugio San Patricio Willacy * Catastrophe Areas, Morgan’s Point, and designated portions of Seabrook, La Porte, Pasadena and Shoreacres (not all of Harris county) Special Data Call for 2000 Commercial Property and Businessowners Direct Written Premium in the Texas Catastrophe Area Company Name _______________________________________________ NAIC Company Number ______________ NAIC Group Number ______ Report 2 2000 premiums for full reporting plan companies if all submissions have not been fully accepted by ISO County Voluntary Commercial Monoline Allied Direct Written Premium Voluntary Commercial Multi-Peril Allied Direct Written Premium Voluntary Business Owners Direct Written Premium Aransas Brazoria Calhoun Cameron Chambers Galveston Harris County * Jefferson Kenedy Kleberg Matagorda Nueces Refugio San Patricio Willacy * Catastrophe Areas, Morgan’s Point, and designated portions of Seabrook, La Porte, Pasadena and Shoreacres (not all of Harris county) Special Data Call for 2000 Commercial Property and Business Owners Direct Written Premium in the Texas Catastrophe Area Date Submitted: ________________________________ Company Name: ________________________________ NAIC Group or Company Number: _________________ We certify that the information reported for the Special Data Call for 2000 Commercial Property and Business Owners Direct Written Premium in the Texas Catastrophe Area has been reviewed and certified as being true and accurate. Upon request, we will furnish detailed data or other information or submit to a physical audit of our records in support of this report to the Texas Department of Insurance. _________________________________________________________________ (Authorized Signature) _________________________________________________________________ (Print Name and Title) _________________________________________________________________ (Company Address) Questions regarding our report should be directed to: _________________________________________________________________ (Print Name and Title) _________________________________________________________________ (Phone Number)
TDI Commissioner's Bulletin B-0011-01: Special Data Call for 2000 Commercial Property and Business Owners Direct Written Premium in the Texas Catastrophe Area - Also available in Word | Justis AI