SERFF Tracking #: ZURC State Tracking #: ZURC Company Tracking #: CW CA 33939, CW CA 34393, CW CA 36570

Transcription

1 SERFF Tracking #: ZURC State Tracking #: ZURC Company Tracking #: CW CA 33939, CW CA 34393, CW CA Project Name/Number: /CW CA 33939, CW CA 34393, CW CA Filing at a Glance Companies: State: TOI: Sub-TOI: Filing Type: American Zurich Insurance Company American Guarantee and Liability Insurance Company Colonial American Casualty & Surety Company Fidelity and Deposit Company of Maryland Zurich American Insurance Company of Illinois Zurich American Insurance Company Illinois 20.0 Commercial Auto Date Submitted: 09/24/2013 SERFF Tr Num: SERFF Status: State Tr Num: State Status: Business Auto ORG-Advisory or Rating Org Adoption ZURC Closed-Received ZURC Co Tr Num: CW CA 33939, CW CA 34393, CW CA Effective Date Requested (New): Effective Date Requested (Renewal): Author(s): Reviewer(s): 04/01/ /01/2014 Jennifer Farris Dee Caruso (primary) Disposition Date: 09/26/2013 Disposition Status: Received Effective Date (New): 04/01/2014 Effective Date (Renewal):

2 SERFF Tracking #: ZURC State Tracking #: ZURC Company Tracking #: CW CA 33939, CW CA 34393, CW CA Project Name/Number: /CW CA 33939, CW CA 34393, CW CA General Information Project Name: Multistate Commercial Auto Adoption of ISO's Rules and Loss Costs Revisions Status of Filing in Domicile: Not Filed Project Number: CW CA 33939, CW CA 34393, CW CA Domicile Status Comments: Reference Organization: ISO Reference Title: Filing Status Changed: 09/26/2013 State Status Changed: Created By: Jennifer Farris Corresponding Filing Tracking Number: ZURC Filing Description: Reference Number: CA-2012-RADRU, CA-2012-RADLC Advisory Org. Circular: Deemer Date: Submitted By: Jennifer Farris In accordance with the filing requirements of your state, we hereby submit this filing to adopt the revisions as outlined in the following ISO filing designations: - CA-2012-RADRU - Multistate Commercial Automobile 2013 Rules Revision - CA-2012-RADLC - Multistate Commercial Automobile 2013 Loss Costs Revision In response to ISO's Commercial Automobile Multistate Form, Rule and Rate Revisions, we have also revised Rule 12. ISO's effective date for these revisions is October 1, However, we respectfully request that this filing becomes effective on April 1, Company and Contact Filing Contact Information Jennifer Farris, Regulatory Services Analyst jennifer.farris@zurichna.com 1400 American Lane Schaumburg, IL [Phone]

3 SERFF Tracking #: ZURC State Tracking #: ZURC Company Tracking #: CW CA 33939, CW CA 34393, CW CA Project Name/Number: /CW CA 33939, CW CA 34393, CW CA Filing Company Information American Zurich Insurance Company 1400 American Lane Schaumburg, IL (847) ext. [Phone] CoCode: Group Code: 212 Group Name: FEIN Number: State of Domicile: Illinois Company Type: State ID Number: American Guarantee and Liability Insurance Company 1400 American Lane Schaumburg, IL (847) ext. [Phone] CoCode: Group Code: 212 Group Name: FEIN Number: State of Domicile: New York Company Type: State ID Number: Colonial American Casualty & Surety Company 1400 American Lane Schaumburg, IL (847) ext. [Phone] CoCode: Group Code: 212 Group Name: FEIN Number: State of Domicile: Maryland Company Type: State ID Number: Fidelity and Deposit Company of Maryland 1400 American Lane Schaumburg, IL (847) ext. [Phone] CoCode: Group Code: 212 Group Name: FEIN Number: State of Domicile: Maryland Company Type: State ID Number: Zurich American Insurance Company of Illinois 1400 American Lane Schaumburg, IL (847) ext. [Phone] CoCode: Group Code: 212 Group Name: FEIN Number: State of Domicile: Illinois Company Type: State ID Number: Zurich American Insurance Company 1400 American Lane Schaumburg, IL (847) ext. [Phone] CoCode: Group Code: 212 Group Name: FEIN Number: State of Domicile: New York Company Type: State ID Number: Filing Fees Fee Required? Retaliatory? Fee Explanation: No No

4 SERFF Tracking #: ZURC State Tracking #: ZURC Company Tracking #: CW CA 33939, CW CA 34393, CW CA Project Name/Number: /CW CA 33939, CW CA 34393, CW CA State Specific Refer to our checklists prior to submitting filing ( Acknowledged Refer to our updated (04/06/2007) SERFF General Instructions prior to submitting filing. They have been updated to clarify what rates and rules are required to be filed as well as what rates and rules are not required to be filed. Also, the "Product Name" is the Filing Title and not the Project Number.: Acknowledged NO RATES and/or RULES ARE REQUIRED TO BE FILED FOR LINES OF COVERAGE SUCH AS COMMERCIAL AUTO (except taxicabs), BURGLARY AND THEFT, GLASS, FIDELITY, SURETY, COMMERCIAL GENERAL LIABLITY, CROP HAIL, COMMERCIAL PROPERTY, DIRECTORS AND OFFICERS, ERRORS AND OMMISSIONS, COMMERCIAL MULTI PERIL just to mention a few. However, a Summary Sheet (RF-3) is required to be filed. Please refer to the State Specific Field below for what rates/rules are required to be filed and to our checklists for specific statutes, regulations, etc. : ISO Adoption filing submitted because we are using a different effective date than ISO's. Medical Malpractice rates/rules may now be submitted using SERFF effective January 1, 2012.: Acknowledged The only rates and/or rules that are required to be filed are Homeowners, Mobile Homeowners, Dwelling Fire and Allied Lines, Workers' Compensation, Liquor Liability, Private Passenger Automobiles, Taxicabs, Motorcycles and Group Inland Marine Insurance which only applies to insurance involving personal property owned by, being purchased by or pledged as collateral by individuals, and not used in any business, trade or profession per Regulation Part 2302 which says in part, "each company shall file with the Director of Insurance each rate, rule and minimum premium before it is used in the State of Illinois.": Acknowledged When selecting a form filing type for a multiple form filing, use the dominant type from these choices: APP - application; CER - certificate; COF - coverage form; DPS - declaration page; END - endorsement; POJ - policy jacket; ORG - Companies adopting an Advisory or Rating Organization's filing. Example: If you are submitting a policy as well as endorsements, a declaration page and an application, you would select "POL" for policy.: N/A

5 SERFF Tracking #: ZURC State Tracking #: ZURC Company Tracking #: CW CA 33939, CW CA 34393, CW CA Project Name/Number: /CW CA 33939, CW CA 34393, CW CA Correspondence Summary Dispositions Status Created By Created On Date Submitted Received Dee Caruso 09/26/ /26/2013

6 SERFF Tracking #: ZURC State Tracking #: ZURC Company Tracking #: CW CA 33939, CW CA 34393, CW CA Project Name/Number: /CW CA 33939, CW CA 34393, CW CA Disposition Disposition Date: 09/26/2013 Effective Date (New): 04/01/2014 Effective Date (Renewal): Status: Received Comment: filing not required. Rate data does NOT apply to filing. Overall Rate Information for Multiple Company Filings Overall Percentage Rate Indicated For This Filing 0.000% Overall Percentage Rate Impact For This Filing 0.000% Effect of Rate Filing-Written Premium Change For This Program $0 Effect of Rate Filing - Number of Policyholders Affected 0 Schedule Schedule Item Schedule Item Status Public Access Supporting Document Request to Maintain Data as Trade Secret Information Yes Supporting Document Explanatory Memorandum Yes Supporting Document Marked Up Rule Yes Rate Coverage Extension Endorsement - Liability Only - U-CA- 428 Yes Rate Coverage Extension Endorsement U-CA-424 Yes

7 SERFF Tracking #: ZURC State Tracking #: ZURC Company Tracking #: CW CA 33939, CW CA 34393, CW CA Project Name/Number: /CW CA 33939, CW CA 34393, CW CA Rate/Rule Schedule Item Schedule Item Previous State No. Status Exhibit Name Rule # or Page # Rate Action Filing Number Attachments 1 Coverage Extension 12 New Cov Ext End Liab Only Rule Endorsement - Liability Only - A Rate.pdf U-CA Coverage Extension Endorsement U-CA Replacement ZURC Cov Ext End Rule A Rate.pdf

8 SECTION I GENERAL RULES COMMERCIAL LINES MANUAL DIVISION ONE - COMMERCIAL AUTOMOBILE EXCEPTION PAGE COUNTRYWIDE RULE 12. FORMS PORTFOLIO REFERENCE Coverage Extension Endorsement - Liability Only U-CA-428 A. Application To provide a collection of extensions, enhancements to coverage and reporting duties use Coverage Extension endorsement, U-CA-428. Included are: 1. Amended Who Is An Insured. Extends Insured status to Employees, Volunteers and where required by written contract or written agreement; 2. Amendment Supplementary Payments. Increased supplementary payment amount for cost of bail bonds required because of a covered accident; 3. Fellow Employee. Broadened coverage to make fellow employee exclusion inapplicable; 4. Driver Safety Program Liability. Deletes racing exclusion to provide coverage in a driver safety program event such as auto or truck rodeos; 5. Amended Duties In The Event Of Accident, Claim, Suit or Loss. Broadened coverage to prevent the forfeiture of coverage for failure to provide notice of the accident unless such notice is provided by specifically titled persons; 6. Waiver Of Transfer Of Rights Of Recovery Against Others To Us. Not applicable if written contract executed prior to any accident or loss requires waiver provided accident or loss arises out of operations contemplated by the contract; 7. Unintentional Failure to Disclose Hazards. Broadened coverage in the event of unintentional failure to disclose hazards or unintentional error, omission, or improper description of autos or other statement of information; 8. Hired Auto Worldwide Coverage. Extended to 60 days; 9. Bodily Injury Redefined. Includes mental anguish if it arises from bodily injury, sickness or disease sustained by a person in an accident or loss; 10. Expected or Intended Injury. Includes bodily injury or property damage from use of reasonable force to protect persons or property. B. Premium Development This endorsement is used on a Refer to Company basis. Suggested guide (a) pricing for the use of the endorsement is subject to the Underwriter's determination of final pricing based on overall assessment of exposures of their individual risk as respects the additional coverage on a risk-by-risk basis. The Underwriting file will contain all details of the factors used in determining the rate or classification for a particular risk. Rates shall not be inadequate, excessive, or unfairly discriminatory.

9 SECTION I GENERAL RULES COMMERCIAL LINES MANUAL DIVISION ONE - COMMERCIAL AUTOMOBILE EXCEPTION PAGE COUNTRYWIDE RULE 12. FORMS PORTFOLIO REFERENCE Coverage Extension Endorsement U-CA-424 A. Application To provide a collection of extensions, enhancements to coverage and reporting duties use Coverage Extension endorsement, U-CA-424. Included are: 1. Amended Who Is An Insured. Extends Insured status to Employees, Volunteers and where required by written contract or written agreement; 2. Amendment Supplementary Payments. Increased supplementary payment amount for cost of bail bonds required because of a covered accident; 3. Fellow Employee. Broadened coverage to make fellow employee exclusion inapplicable; 4. Driver Safety Program Liability. Deletes racing exclusion to provide coverage in a driver safety program event such as auto or truck rodeos; 5. Loan/Lease Gap Coverage. Expanded coverage to include payment for any difference between the actual cash value and outstanding balance of a leased auto contract or auto loan when a total loss has occurred and lessor/lender is named as a loss payee for a covered auto; 6. Towing and Labor. Pays up to $75 for towing and labor costs when a private passenger type auto is disabled (for labor performed at place of disablement); 7. Extended Glass Coverage. Waives deductible if glass can be repaired; 8. Hired Car Loss of Use Physical Damage. Pays for loss of use of hired auto if insured becomes legally responsible under a written contract or written agreement to $100 a day, $3000 maximum; 9. Personal Effects Coverage. Pays up to $750 for personal effects owned by an insured and are in or on a covered auto in the event of a total theft; 10. Tapes, Records, and Discs Coverage. Pays up to $500 for tapes, records, and discs owned by an insured and in a covered auto at time of loss; 11. Airbag Coverage. Broadened coverage due to removal of exclusion for mechanical breakdown if caused by accidental discharge of airbag; 12. Two or More Deductibles. Broadened coverage to waive or reduce applicable deductible under Business Auto Coverage Form when an accident is covered under two policies issued by a Zurich Financial Services Group company; 13. Physical Damage Comprehensive Coverage Deductible. Regardless of the number of autos damaged or stolen, the maximum deductible for all loss from one cause is capped at $5000; 14. Temporary Substitute Autos Physical Damage. Any auto not owned by an insured but used with the permission of its owner is covered for Physical Damage; 15. Amended Duties in the Event of Accident, Claim, Suit, or Loss. Broadened coverage to prevent the forfeiture of coverage for failure to provide notice of the accident unless such notice is provided by specifically titled persons; 16. Waiver Of Transfer Of Rights Of Recovery Against Others To Us. Not applicable if written contract executed prior to any accident or loss requires waiver provided accident or loss arises out of operations contemplated by the contract; 17. Employee Hired Autos Physical Damage. Autos rented by employees for business purposes covered for physical damage; 18. Unintentional Failure to Disclose Hazards. Broadened coverage in the event of

10 unintentional failure to disclose hazards or unintentional error, omission, or improper description of autos or other statement of information; 19. Hired Auto Worldwide Coverage. Extended to 60 days; 20. Bodily Injury Redefined. Includes mental anguish if it arises from bodily injury, sickness or disease sustained by a person in an accident or loss. 21. Expected or Intended Injury. Includes bodily injury or property damage from use of reasonable force to protect persons or property; 22. Physical Damage Additional Temporary Transportation Expense Coverage. Broadened Coverage to pay up to $50 per day to a maximum of $1,000 for temporary transportation expenses because of total theft of a covered auto of the private passenger type; 23. Replacement of a Private Passenger Auto with a Hybrid or Alternative Fuel Source Auto. Broadened coverage in the event of a total loss of a covered auto of the private passenger type to pay an additional 10% of the cost of the replacement auto, up to a maximum of $2500, if the covered auto is replaced by a hybrid or alternative fuel source auto; 24. Return of Stolen Automobile. Broadened coverage to pay the cost of transport to return a covered auto that had been stolen and recovered provided that auto had Comprehensive or Specified Causes of Loss Coverage. B. Premium Development This endorsement is used on a Refer to Company basis. Suggested guide (a) pricing for the use of the endorsement is subject to the Underwriter's determination of final pricing based on overall assessment of exposures of their individual risk as respects the additional coverage on a risk-by-risk basis. The Underwriting file will contain all details of the factors used in determining the rate or classification for a particular risk. Rates shall not be inadequate, excessive, or unfairly discriminatory.

11 SERFF Tracking #: ZURC State Tracking #: ZURC Company Tracking #: CW CA 33939, CW CA 34393, CW CA Project Name/Number: /CW CA 33939, CW CA 34393, CW CA Supporting Document Schedules Bypassed - Item: Bypass Reason: Attachment(s): Item Status: Status Date: Satisfied - Item: Comments: Attachment(s): Item Status: Status Date: Satisfied - Item: Comments: Attachment(s): Item Status: Status Date: Request to Maintain Data as Trade Secret Information This requirement is not applicable for this ISO adoption filing. Explanatory Memorandum Commercial Automobile Explanatory Memo - Rules Only - CW.pdf Marked Up Rule Coverage Extension Endorsement Rule for A Rate StatesMark up.pdf

12 ZURICH NORTH AMERICA COMMERCIAL AUTO RULES EXPLANATORY MEMORANDUM In accordance with the filing requirements of your state, please note that we are submitting the following revised and new rules: We have revised Rule 12. Coverage Extension Endorsement by adding items 21. through 24 as follows: 24. Expected or Intended Injury. Includes bodily injury or property damage from use of reasonable force to protect persons or property; 22. Physical Damage Additional Temporary Transportation Expense Coverage. Broadened Coverage to pay up to $50 per day to a maximum of $1,000 for temporary transportation expenses because of total theft of a covered auto of the private passenger type; 23. Replacement of a Private Passenger Auto with a Hybrid or Alternative Fuel Source Auto. Broadened coverage in the event of a total loss of a covered auto of the private passenger type to pay an additional 10% of the cost of the replacement auto, up to a maximum of $2500, if the covered auto is replaced by a hybrid or alternative fuel source auto; 24. Return of Stolen Automobile. Broadened coverage to pay the cost of transport to return a covered auto that had been stolen and recovered, provided that auto had Comprehensive or Specified Causes of Loss Coverage. We have created Rule 12. Coverage Extension Endorsement Liability Only a usage rule for new form U-CA-428-A, Coverage Extension Endorsement Liability Only.

13 SECTION I GENERAL RULES COMMERCIAL LINES MANUAL DIVISION ONE - COMMERCIAL AUTOMOBILE EXCEPTION PAGE COUNTRYWIDE RULE 12. FORMS PORTFOLIO REFERENCE Coverage Extension Endorsement U-CA-424 A. Application To provide a collection of extensions, enhancements to coverage and reporting duties use Coverage Extension endorsement, U-CA-424. Included are: 1. Amended Who Is An Insured. Extends Insured status to Employees, Volunteers and where required by written contract or written agreement; 2. Amendment Supplementary Payments. Increased supplementary payment amount for cost of bail bonds required because of a covered accident; 3. Fellow Employee. Broadened coverage to make fellow employee exclusion inapplicable; 4. Driver Safety Program Liability. Deletes racing exclusion to provide coverage in a driver safety program event such as auto or truck rodeos; 5. Loan/Lease Gap Coverage. Expanded coverage to include payment for any difference between the actual cash value and outstanding balance of a leased auto contract or auto loan when a total loss has occurred and lessor/lender is named as a loss payee for a covered auto; 6. Towing and Labor. Pays up to $75 for towing and labor costs when a private passenger type auto is disabled (for labor performed at place of disablement); 7. Extended Glass Coverage. Waives deductible if glass can be repaired; 8. Hired Car Loss of Use Physical Damage. Pays for loss of use of hired auto if insured becomes legally responsible under a written contract or written agreement to $100 a day, $3000 maximum; 9. Personal Effects Coverage. Pays up to $750 for personal effects owned by an insured and are in or on a covered auto in the event of a total theft; 10. Tapes, Records, and Discs Coverage. Pays up to $500 for tapes, records, and discs owned by an insured and in a covered auto at time of loss; 11. Airbag Coverage. Broadened coverage due to removal of exclusion for mechanical breakdown if caused by accidental discharge of airbag; 12. Two or More Deductibles. Broadened coverage to waive or reduce applicable deductible under Business Auto Coverage Form when an accident is covered under two policies issued by a Zurich Financial Services Group company; 13. Physical Damage Comprehensive Coverage Deductible. Regardless of the number of autos damaged or stolen, the maximum deductible for all loss from one cause is capped at $5000; 14. Temporary Substitute Autos Physical Damage. Any auto not owned by an insured but used with the permission of its owner is covered for Physical Damage; 15. Amended Duties in the Event of Accident, Claim, Suit, or Loss. Broadened coverage to prevent the forfeiture of coverage for failure to provide notice of the accident unless such notice is provided by specifically titled persons; 16. Waiver Of Transfer Of Rights Of Recovery Against Others To Us. Not applicable if written contract executed prior to any accident or loss requires waiver provided accident or loss arises out of operations contemplated by the contract; 17. Employee Hired Autos Physical Damage. Autos rented by employees for business purposes covered for physical damage; 18. Unintentional Failure to Disclose Hazards. Broadened coverage in the event of

14 unintentional failure to disclose hazards or unintentional error, omission, or improper description of autos or other statement of information; 19. Hired Auto Worldwide Coverage. Extended to 60 days; 20. Bodily Injury Redefined. Includes mental anguish if it arises from bodily injury, sickness or disease sustained by a person in an accident or loss. 21. Expected or Intended Injury. Includes bodily injury or property damage from use of reasonable force to protect persons or property; 22. Physical Damage Additional Temporary Transportation Expense Coverage. Broadened Coverage to pay up to $50 per day to a maximum of $1,000 for temporary transportation expenses because of total theft of a covered auto of the private passenger type; 23. Replacement of a Private Passenger Auto with a Hybrid or Alternative Fuel Source Auto. Broadened coverage in the event of a total loss of a covered auto of the private passenger type to pay an additional 10% of the cost of the replacement auto, up to a maximum of $2500, if the covered auto is replaced by a hybrid or alternative fuel source auto; 24. Return of Stolen Automobile. Broadened coverage to pay the cost of transport to return a covered auto that had been stolen and recovered, provided that auto had Comprehensive or Specified Causes of Loss Coverage. B. Premium Development This endorsement is used on a Refer to Company basis. Suggested guide (a) pricing for the use of the endorsement is subject to the Underwriter's determination of final pricing based on overall assessment of exposures of their individual risk as respects the additional coverage on a risk-by-risk basis. The Underwriting file will contain all details of the factors used in determining the rate or classification for a particular risk. Rates shall not be inadequate, excessive, or unfairly discriminatory.