By Diana Kowatch, CPCU, AU, AAM, CPIW
CAUTION: Not all insurance companies use ISO forms. Some companies ask ISO to file forms, rules, and loss cost adjustments for them; other companies file for themselves. You will need to find out from each of your companies whether or not revisions or new forms will be adopted, and on what date the form, rule or loss cost adjustments will become effective.
COUNTRYWIDE
Year 2000 Optional Multistate General Liability Endorsements
Four new commercial general liability endorsements have been developed and filed on a multistate basis. The first two are exclusion endorsements. CG 21 60--Exclusion--Year 2000 Computer-Related And Other Electronic Problems has been filed to use with the Commercial General Liability coverage part; and its complement, CG 21 61--Exclusion--Year 2000 Computer-Related And Other Electronic Problems--Products/Completed Operations, has been filed to use with the Products/Completed Operations Liability coverage parts.
Both of these endorsements have been designed to add another exclusion to the list of exclusions that apply to coverage for bodily injury and property damage liability. CG 21 60 also applies to personal and advertising injury liability.
They eliminate bodily injury, property damage, personal injury, and advertising injury liability coverage for loss or injury resulting from any actual or alleged Y2K (failure to recognize a year-date) hardware or software failure or any related advice, consultation, design, evaluation, inspection, installation, maintenance, repair, replacement or supervision.
Two new endorsements have been developed which will allow ISO-based insurers to offer limited Y2K liability coverage. The two endorsements are: CG 04 31--Year 2000 Computer Related And Other Electronic Problems--Limited Coverage Options, to be used with the Commercial General Liability coverage part and CG 04 32--Year 2000 Computer Related And Other Electronic Problems--Limited Coverage Options, to be used with the Products/Completed Operations Liability coverage part.
Both of these endorsements restate the new Y2K liability exclusion previously discussed, so both the exclusion and the coverage should not be used, However, the exclusion does not apply to any coverage or description of products or completed operation that is scheduled. The limited coverage may apply to the coverages of bodily injury or property damage or both. The schedule must contain a description of the product(s) or completed operations that will be covered.
A section has been provided for the insertion of a premium charge for this coverage. However, ISO has not developed any rating for use of these endorsements since no credible statistics are available; thus, all charges will be at the discretion of the insurer giving coverage.
Advisory Policyholder Notices also are available through ISO.
Listed below, under the individual states, are those that have approved the new endorsements. This text will not be repeated but will refer back to this Countrywide section.
Year 2000 Optional Simplified Professional Liability Endorsements
Four new optional simplified professional liability endorsements have been developed and filed on a multistate basis. Two optional endorsements have been developed to provide limited professional liability coverage for scheduled locations, operations, tests, treatments, products or services. They are: PR 04 07--Year 2000 Computer-Related And Other Electronic Problems--Limited Coverage Options, which is available for use with Blood Banks, Diagnostic Testing Laboratories And Hospital Professional Liability coverage parts; and PR 04 08--Year 2000 Computer-Related And Other Electronic Problems-Limited Coverage Options, to be used with Allied Health Care Providers, Optometrists, Physicians, Surgeons and Dentists and Hospital Professional Liability coverage parts.
Two optional exclusion endorsements have been developed and filed to eliminate Y2K coverage. They are: PR 21 04--Exclusion--Year 2000 Computer-Related And Other Electronic Problems, which is to be used with Blood Banks, Diagnostic Testing Laboratories And Hospital Professional Liability coverage parts; and PR 21 05--Exclusion--Year 2000 Computer-Related And Other Electronic Problems, to be used with Allied Health Care Providers, Optometrists, Physicians, Surgeons and Dentists and Hospital Professional Liability coverage parts.
Listed below, under the individual states, are those that have approved the new endorsements. This text will not be repeated but will refer back to this Countrywide section.
Year 2000 Multistate Commercial Property Endorsements
A new mandatory multistate exclusion endorsement has been developed for commercial property, commercial crime, commercial inland marine and boiler and machinery. It is IL 09 35--Exclusion Of Certain Computer-Related Losses. This endorsement is merely a restatement or clarification of what has already been excluded by existing policy language.
A new optional endorsement, CP 15 57--Business Income and/or Extra Expense Coverage For Year 2000 Computer-Related And Other Electronic Problems, has been developed and filed. This endorsement is very different in two important ways from other business income and extra expense coverage. First, business operations do not necessarily have to be suspended for coverage to be triggered. Second, direct physical damage coverage is not required either. The amount of coverage is limited to an annual aggregate of $25,000.
Listed below, under the individual states, are those that have approved the new endorsements. This text will not be repeated but will refer back to this Countrywide section.
The Homeowners Optional Property Remediation For Escaped Liquid Fuel And Limited Lead And Escaped Liquid Fuel Liability Coverage Program
Four new endorsements have been developed to provide homeowners with limited first- and third-party coverages for specific pollution hazards. The first-party coverage is for escaped fuel remediation and applies when liquid fuel escapes from its storage system (system must contain a minimum combined capacity of 100 or more U.S. gallons). Up to $10,000 of coverage (a higher limit may be purchased) is provided for temporary repairs to prevent further escape or stop the spread of fuel; and expenses to test, monitor, or assess the effects of escaped fuel that is required by an outside source (other than the insured); additional living expenses; and loss or damage to shrubs, trees, and plants not grown for business. Not covered is the loss of market value of structure, loss of the actual liquid fuel, or damage from escape of liquid fuel in or for motor vehicles and/or watercraft.
The third-party coverage applicable to lead and escaped fuel liability coverage actually limits or reduces the insured's protection by capping the limit available to a $50,000 aggregate (higher limits may be purchased) for all claims against the insured from damage or injury because of lead and escaped fuel contamination.
Listed below, under the individual states, are those that have approved the new endorsements. This text will not be repeated but will refer back to this Countrywide section.
6-98 Multistate Personal Auto Policy (PAP) Revisions
Numerous revisions have been made to the PAP. The highlights of some of the changes follow. This recap is not "all-inclusive." Please research and evaluate the new forms and endorsements carefully before using.
* The definition of "you" and "your" has been revised to give 90-day temporary coverage to separated spouses and immediate family members while a new residence is being sought.
* Pickups and vans that are leased for at least six months or more are now added to the definition of private passenger type autos.
* A new definition has been added for "newly acquired autos," and the coverage applying to the newly acquired auto will be the broadest coverage of any vehicle currently listed on the policy instead of just the coverage of the vehicle it replaces.
* Defense coverage has been reworded to clarify that once the limit of liability has been exhausted--whether by a settlement or a judgment--defense coverage ceases.
* Loss of earnings under Supplementary Payments is increased from $50 per day to $200.
* With reference to a non-owned pickup or van, previously only those non-owned pickups or vans that were temporary substitutes were covered for business use. Any that was rented or borrowed was not covered. In this new revision, liability for the business use of rented or borrowed non-owned pickups and vans has been added.
* The "reasonable belief" exclusion has been revised so that it no longer applies to a family member while using a covered auto belonging to the insured.
* The nuclear energy exclusion has been revised to update the name of American Nuclear Insurers to Nuclear Energy Liability Insurance Association.
* Liability protection for non-owned golf carts has been added.
* The limits of liability for Part A--Liability coverage, Part C--Uninsured Motorist coverage and for Underinsured Motorists coverage will now be on a split limits basis.
* With respect to both the Uninsured Motorist coverage and Underinsured Motorists coverage, the Other Insurance provision has been revised to clarify that the PAP will be on an excess basis over any other collectible UM or UIM (or other similar type coverage) not over any other automobile coverage.
* The coverage built into the policy for temporary transportation expenses has been increased to $20 per day with a $600 maximum.
* Physical Damage coverage for permanently installed telephones is added, and the sub-limit for after-market sound reproducing equipment is increased to $1,000. That amount can be increased, for an additional premium.
Again, the items listed above are only highlights of some, not all, of the changes and revisions. Listed below, under the individual states, are those that have approved the new program. This text will not be repeated but will refer back to this Countrywide section.
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
ARKANSAS
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide section above. This change applies to all policies written on or after April 1, 1998.
A new automobile interline endorsement, applicable to both personal and commercial auto, has been developed in response to Arkansas Bulletin 4-97 and 1997 Arkansas Acts 835 (former House Bill 1812). The new endorsement is a written disclosure to insureds and should be used by insurers who require, specify or use after-market parts (those parts not manufactured by the original vehicle manufacturer) for vehicle repair. This endorsement has been approved and applies to all policies written on or after May 1, 1998.
In response to the decision in Franklin v. Healthsource of Arkansas, 942 S.W. 2d 837 (Ark. 1997), revisions are made to two existing commercial lines endorsements; and two new endorsements have been developed to amend the provision on the Transfer Of Rights Of Recovery Against Others To Us to clarify that the insurer cannot subrogate and recover payments until after the insured has been fully compensated for any loss or damage sustained. The new and revised endorsements are:
* BP 01 53--Arkansas Changes (Businessowners Program)
* CA 01 62--Arkansas Changes (Business Auto Program)
* IL 01 63--Arkansas Changes (Boiler and Machinery, Commercial Crime, Commercial Inland Marine, Commercial Property and Farm programs)
* IL 01 99--Arkansas Changes--Transfer Of Rights Of Recovery Against Others To Us (Commercial Crime, Commercial General Liability, Farm and Professional Liability programs)
These changes apply to all policies written on or after June 1, 1998.
CALIFORNIA
The Homeowners Optional Property Remediation For Escaped Liquid Fuel And Limited Lead And Escaped Liquid Fuel Liability coverage program has been approved--see Countrywide section above. These rules, endorsements and loss costs have been approved effective December 12, 1997 for participating insurers.
The Year 2000 Multistate Commercial Property Endorsements have been approved--see Countrywide section above. These endorsements have been approved effective December 23, 1997 for participating insurers.
COLORADO
The Year 2000 Optional Simplified Professional Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide sections above. This change carries an April 1998 distribution date.
Approval has been received for the 6-98 Multistate Personal Auto Policy (PAP) Revisions--refer to the Countrywide section above. This change carries a June 1, 1998 distribution date.
CONNECTICUT
The Year 2000 Optional Multistate General Liability Endorsements have been approved--see the Countrywide section above. This change applies to all policies effective on or after June 1, 1998.
In response to Connecticut General Statutes 38a-326, two new general liability endorsements have been developed (one for claims-made and one for occurrence forms) to inform insureds of their rights to loss information. The new endorsements are CG 26 27--Connecticut Changes--Loss Information, and CG 26 29--Connecticut Changes--Loss Information. These changes apply to all policies effective on or after July 1, 1998.
DELAWARE
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
Approval has been received for the 6-98 Multistate Personal Auto Policy (PAP) Revisions--refer to the Countrywide section above. These changes apply to all policies written on or after June 1, 1998.
DISTRICT OF COLUMBIA
The Homeowners Optional Property Remediation For Escaped Liquid Fuel And Limited Lead And Escaped Liquid Fuel Liability coverage program has been approved--see Countrywide section above. State-specific rules of application and endorsements apply. These changes apply to all policies written on or after May 1, 1998.
The Year 2000 Optional Simplified Professional Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
FLORIDA
Commercial Crime Endorsement CR 02 06--Florida Changes has been revised to amend and clarify the Crime General Provisions condition for Legal Action Against Us in the Safe Depository Direct Loss coverage form. These changes apply to all policies effective on or after July 1, 1998.
A new commercial multiple-line endorsement has been developed regarding hurricane deductibles in response to Florida Laws 97-55 (former S.B. 794). The new endorsement, BP 03 14--Florida Hurricane Percentage Deductible (Residential Risks)--replaces the former endorsement, BP 03 13, which has been withdrawn. The new endorsement adds a 10% deductible option for specified types of commercial residential property, and references to a coinsurance penalty have been removed. These changes apply to all policies effective on or after June 1, 1998.
Approval has been received for the 6-98 Multistate Personal Auto Policy (PAP) Revisions--refer to the Countrywide section above. These changes apply to all policies effective on or after June 1, 1998.
GEORGIA
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
HAWAII
The Year 2000 Multistate Commercial Property Endorsements have been approved for The Commercial Inland Marine Reference Document--see the Countrywide section above. Hawaii does not establish an effective date for commercial inland marine revisions, so it carries a distribution date of April 1998.
IDAHO
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements (except commercial property) have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
ILLINOIS
The Commercial Crime Endorsement CR 02 02--Illinois Changes has been revised to amend and clarify the Crime General Provisions condition for Legal Action Against Us in the Safe Depository Direct Loss coverage form. These changes apply to all policies effective on or after May 1, 1998.
INDIANA
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
IOWA
In response to the decision in Aspelmeier v. Allied Group Insurance Company, 556 N.W. 2d 805 (Iowa 1996), Personal Auto Endorsement PP 01 98--Amendment of Policy Provisions--Iowa has amended the provision for Our Right To Recover Payment. It now clarifies that if an insured brings action against the negligent parties causing injury or damage, the insurer's portion of the recovery is reduced by the pro rata share of the legal costs and expenses the insured incurred for recovery. This change applies to all policies written on or after July 1, 1998.
KANSAS
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
KENTUCKY
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
Approval has been received for the 6-98 Multistate Personal Auto Policy (PAP) Revisions--refer to the Countrywide section above. These changes apply to all policies written on or after June 1, 1998.
MAINE
Approval has been received for the 6-98 Multistate Personal Auto Policy (PAP) Revisions--refer to the Countrywide section above. These changes apply to all policies written on or after June 1, 1998.
MARYLAND
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies effective on or after June 1, 1998.
MASSACHUSETTS
In order to comply with Mass. Gen. Laws Ann. Ch. 175 193P, two commercial property/multiple-line endorsements have been revised to set forth a new nonrenewal notice provision as it applies to residential properties. Nonrenewal notice must be given by insurers at least 45 days prior to policy expiration and must provide specific reasons for not renewing. The revised endorsements are BP 01 08--Massachusetts Changes and CP 01 09--Massachusetts Changes. These changes apply to all policies written on or after June 1, 1998.
MICHIGAN
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
MINNESOTA
Personal Auto Endorsement PP 04 97--Uninsured/Underinsured Motorists Coverage--Minnesota has been revised in response to the decision in Ronning v. Citizens Security Mutual Insurance Company, 557 N.W.2d 363 (Minn. Appl. 1996). In that decision, it was ruled that the governmental vehicle exception in the definition of an uninsured or underinsured motor vehicle was against public policy, so the definition in the endorsement has been amended accordingly to remove the exception. This change applies to all policies written on or after May 1, 1998.
Commercial Auto Endorsement CA 21 24--Minnesota Uninsured And Underinsured Motorists Coverage has been similarly endorsed. In addition, other changes have been made to the endorsement. In response to a decision in Malmin v. Minnesota Mutual Fire & Casualty Company, 552 N.E.2d 723 (Minn 1995), where the Consent to Sue clause was ruled to violate The Minnesota No-Fault Act, the insured does not need to have the written consent of the insurer but must give reasonable notice and opportunity to protect the insurer's interest. Further, both parties must agree to any arbitration. If the limits provided for the coverage are on a combined single-limit basis, the limit available to any one person cannot be less than the minimum per person mandated in Minnesota law. Finally, the rights of the insurer with respect to subrogation are limited in their application against any entity insured under the policy or any other policy issued by that insurer. These changes will carry a distribution date of June 1, 1998.
Revisions have been made to Commercial Auto Endorsement CA 02 18--Minnesota Changes--Cancellation And Nonrenewal Endorsement, as a result of MINN.STAT. 65B.15, subd. 1 and 60A.36, subd. 1. The changes reflect that any cancellation of coverage because of a suspension or revocation of a license may only be because of a moving traffic violation or a person's refusal to be tested for "under the influence." In the provision explaining the process of any appeal resulting from cancellation, the commissioner's time to reply has been extended from 5 to 30 days. Finally, the revisions clarify that proof of mailing of any notice shall be sufficient proof of notice. These changes carry a distribution date of August 1, 1998.
MISSISSIPPI
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements (except commercial property), and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies (except commercial inland marine where ISO does not establish an effective date so a distribution date applies) written on or after April 1, 1998.
MISSOURI
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
MONTANA
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
NEVADA
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
NEW HAMPSHIRE
The Year 2000 Optional Multistate General Liability Endorsements have been approved--see the Countrywide section above. This change applies to all policies written on or after April 1, 1998.
NEW JERSEY
CORRECTION: Previously, we reported that the Homeowners Optional Property Remediation For Escaped Liquid Fuel And Limited Lead And Escaped Liquid Fuel Liability coverage program had been approved in New Jersey. This was an error. The program has not yet been approved in New Jersey.
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
Approval has been received for the 6-98 Multistate Personal Auto Policy (PAP) Revisions--refer to the Countrywide section above. These changes apply to all policies written on or after June 1, 1998.
Homeowners Endorsement--Special Provisions--New Jersey--HO 01 29 has been amended to add fungi along with mold as perils excluded. Another homeowners endorsement, HO 04 81--Actual Cash Value Loss Settlement, has been revised to make available the actual cash value loss settlement option for use with HO 00 02 and HO 00 03 policies. These changes apply to all policies written on or after May 1, 1998.
NEW MEXICO
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
NEW YORK
CORRECTION: In January 1998, we reported in error that the 1998 Professional Liability Simplified Multistate Forms And Endorsements Revisions had been approved in New York. This was not correct. The Professional Liability program has not been approved in New York.
NORTH CAROLINA
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide sections above. This change applies to all policies effective on or after June 1, 1998.
Commercial Crime Endorsement CR 01 01--North Carolina Changes--Legal Action Against Us has been revised to amend and clarify the Crime General Provisions condition for Legal Action Against Us in the Safe Depository Direct Loss coverage form. These changes apply to all policies effective on or after July 1, 1998.
Revisions have been made to Commercial Property/Fire Endorsement CP 10 61--Windstorm or Hail Exclusion--North Carolina, as a result of 1997 NC Sess. Laws (Former H.B. 452). The law states that windstorm or hail may be excluded from property insurance for direct and indirect property losses including business income and business income with extra expense, as long as that risk is eligible for (but not necessarily covered by) the North Carolina Insurance Underwriting Association (NCIUA), commonly referred to as the Beach Plan. These changes apply to all policies effective on or after May 15, 1998.
NORTH DAKOTA
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
OHIO
The Year 2000 Optional Multistate General Liability Endorsements have been approved--see the Countrywide section above. This change applies to all policies written on or after April 1, 1998.
OKLAHOMA
The Year 2000 Optional Multistate General Liability Endorsements have been approved--see the Countrywide section above. This change applies to all policies written on or after April 1, 1998.
Approval has been received for the 6-98 Multistate Personal Auto Policy (PAP) Revisions--refer to the Countrywide section above. These changes apply to all policies written on or after June 1, 1998.
OREGON
In order to comply with 1997 Oregon Laws (former Senate Bill 645), two personal auto endorsements have been revised with respect to uninsured motorists coverage and personal injury protection liability. The revised endorsements are: PP 04 51--Uninsured Motorists Coverage--Oregon and PP 05 58--Personal Injury Protection Coverage--Oregon. PP 05 58, with respect to the Arbitration Provision, has been revised to state that both parties must agree to any arbitration action, reflective of Rev. State 742.520(6) of 1997 Oregon Laws. In PP 04 51, the limits trigger for UIM coverage has been amended. These changes apply to all policies written on or after April 1, 1998.
PENNSYLVANIA
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
In response to the decision in Allwein v. Donegal Mutual Insurance Company, 671 A.2d 744 (Pa. Super. 1996), two personal auto endorsements are revised: PP 04 17--Underinsured Motorists Coverage--Pennsylvania (Non-Stacked) and PP 04 19--Underinsured Motorists Coverage--Pennsylvania (Stacked). The UIM policy provision that allowed the UIM limit to be reduced by amounts paid on behalf of the tortfeasor was determined to be inappropriate; thus, the limits reduction provisions in the two mentioned endorsements have been deleted. These changes apply to all policies written on or after May 1, 1998.
RHODE ISLAND
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
SOUTH DAKOTA
Commercial Crime Endorsement CR 02 08--South Dakota Changes has been revised to amend and clarify the Crime General Provisions condition for Legal Action Against Us in the Safe Depository Direct Loss coverage form. These changes apply to all policies effective on or after May 1, 1998.
TENNESSEE
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
UTAH
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
VERMONT
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
Approval has been received for the 6-98 Multistate Personal Auto Policy (PAP) Revisions--refer to the Countrywide section above. These changes apply to all policies written on or after June 1, 1998.
VIRGINIA
The Year 2000 Optional Multistate General Liability Endorsements have been approved--see the Countrywide section above. This change applies to all policies effective on or after June 1, 1998.
WASHINGTON
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements (except commercial property) have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
The Underground Storage Tank (UST) program, including rules, loss costs, forms and endorsements, has been approved in Washington and is applicable to all policies written on or after June 1, 1998.
WEST VIRGINIA
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998.
WISCONSIN
The Year 2000 Optional Multistate General Liability Endorsements and the Year 2000 Multistate Commercial Property Endorsements have been approved--see the Countrywide sections above. These changes apply to all policies (except commercial inland marine where ISO does not establish an effective date so a distribution date applies) written on or after April 1, 1998.
WYOMING
The Year 2000 Optional Multistate General Liability Endorsements, the Year 2000 Multistate Commercial Property Endorsements, and the Year 2000 Optional Simplified Professional Liability Endorsements have been approved--see the Countrywide sections above. This change applies to all policies written on or after April 1, 1998. *
©COPYRIGHT: The Rough Notes Magazine, 1998