Commissioner's Order No. 03-0851 issued on September 8, 2003, adopted amendments to the Texas Commercial Lines Statistical Plan (TCLSP) as proposed by the staff of the Texas Department of Insurance. The amendments make the following changes to the TCLSP:
General Reporting Instructions:
- amend the Table of Contents of the TCLSP Manual to note the location of General Instructions for reporting terrorism premiums and losses.
- correct information regarding the Insurance Services Office's Data Collection & Quality Assurance Division's name, mailing address and telephone numbers.
- provide General Instructions for reporting of terrorism coverages in Texas.
Quarterly Liability Experience Report:
- add and amend fields and codes for reporting terrorism related premium and loss experience.
Quarterly Property Experience Report:
- add and amend fields and codes for reporting terrorism related premium and loss experience.
Quarterly Businessowners Experience Report:
- add and amend fields and codes for reporting terrorism related premium and loss experience.
Quarterly Commercial Automobile Experience Report:
- add and amend fields and codes for reporting terrorism related premium and loss experience.
Quarterly Miscellaneous Commercial Experience Report:
- add and amend fields and codes for reporting terrorism related premium and loss experience.
The adopted amendments are necessary in order to allow the reporting of experience relating to passage of the Federal Terrorism Risk Insurance Act of 2002. All amendments and associated changes to the TCLSP reporting requirements are effective for 4th quarter 2003 experience reporting. Please replace the current same-numbered pages with the attached revised pages in the TCLSP. Changes are noted with strike-through or underline marks as applicable. A complete copy of the TCLSP can be downloaded at www.tdi.state.tx.us.
Questions relating to this bulletin should be directed to the undersigned at 512-475-3026.
Sincerely,
Gary Gola
Special Projects Director
Property & Casualty (MC 105-5S)