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AAIS has initiated a countrywide filing of three new
optional liability exclusions in its Artisans, Businessowners, Commercial
Liability, and Commercial Umbrella programs.
One of the endorsements excludes coverage for bodily
injury and property damage claims arising from asbestos; another excludes
such claims arising from silica. Both substances have been linked to
diseases in people exposed to them for prolonged periods, and there has
been an increase in asbestos- and silica-related claims in recent years.
The third endorsement excludes coverage for violation
of federal restrictions on unsolicited communications. All three
endorsements carry proposed effective dates of Oct. 1, 2005.
More information is available in a press release.
Larris Larsen, AAIS assistant vice president of
compliance, is scheduled to address the annual conference of the Association
of Insurance Compliance Professionals (AICP), Sept. 19 in New Orleans,
La.
Larsen will speak on "The Impact of Catastrophic
Events on Property/Casualty Insurance." The talk will cover how
insurers have added or revised policy provisions in the wake of
catastrophic losses.
Larsen has been with AAIS since August 2000. Prior to
that, he was manager of research and development for Legion Ins. Co.,
Milwaukee, Wis. Before that, he held positions as director
of compliance for Vesta Ins. Co., Birmingham, Ala. and as manager of
product development and state filings for John Deere Ins. Co., Moline,
Ill.
AAIS staff members will be at present at these
upcoming insurance meetings:
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Illinois Association of Mutual Insurance
Companies, Aug. 21-23, Springfield, Ill.
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Wisconsin Association of Mutual Insurance
Companies, Sept. 11-13, Appleton, Wis.
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Association of Insurance Compliance Professionals
(AICP), Sept. 18-20, New Orleans, La.
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National Association of Mutual Insurance
Companies, Oct. 2-5, Phoenix, Ariz. (Booth 111)
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CPCU Society Annual Meeting and Conferment, Oct.
22-24, Atlanta, Ga. (Booth 310)
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Agribusiness
Conference, Oct. 24-25, Des Moines, Iowa
To arrange contact with AAIS staff at any of these
events, contact Rick Maka, director of marketing, at rickm@AAISonline.com
or by calling 800/564-AAIS.
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