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Update February 11, 2011
Important Producer Notice On-line
Declarations Feature Update
As you know, on December 22, 2010, the on-line declarations feature was
taken offline because of a program not routing documents properly. This fix is
taking longer than anticipated and we hope that the feature will be available
soon. Due to the technical issue with the on-line declarations feature, the
Associations will NOT stop generating any paper declarations from being
printed and mailed until all issues with this feature is resolved The
Associations will provide at least 30 days notice before stopping any paper
declarations from being printed and mailed. We will keep you posted on the
progress and apologize for any inconvenience. Effective February 01, 2011
New Commercial Rates
The Associations will adopt
ISO (Insurance Services Office, Inc) loss costs approved for usage in the state
of North Carolina. In addition to this change a new limit of insurance
relativity factor has been introduced to the rating calculations. ISO
introduced these changes effective January 1, 2011; however, the Association
will adopt with an effective date of February 1, 2011 for new and continued
business. Please refer to your ISO Commercial Lines Manual for complete details
regarding this change.
Effective May 01, 2011
NCJUA/NCIUA Windstorm Mitigation Credits
The NCIUA and NCJUA will adopt the
mitigation program as developed by the North Carolina Rate Bureau for personal
lines business. In addition, we have modeled a commercial lines program similar
to the South Carolina Wind and Hail Underwriting Association (but our credits
are different). Details regarding both programs will be announced closer to the
implementation date of May 01, 2011.
Effective
January 01, 2011
NCIUA Payment Plan
The NCIUA will begin offering a payment
plan of quarterly or semi annual on January 01, 2011. We will post the finalized
details of the plans closer to the January 01, 2011 implementation date.
Effective September 01, 2010
New Commercial Rates
The Associations will adopt ISO (Insurance
Services Office, Inc) loss costs approved for usage in the state of North
Carolina.
September 09, 2010
The Association's 2007 Announcements have been archived. To view
these announcements, click below to go to view the archive page.
2007 Archive
(2009 Archive)
September 09, 2010
The Association's 2007 Announcements have been archived. To view
these announcements, click below to go to view the archive page.
2007 Archive
(2008
Archive)
June 09, 2009
The Association's 2007 Announcements have been archived. To view
these announcements, click below to go to view the archive page.
2007 Archive
(2007
Archive)
June 09, 2009
The Association's 2006 Announcements have been archived. To view
these announcements, click below to go to view the archive page.
2006 Archive
(2006
Archive)
January 23, 2007
The Association's 2005 Announcements have been archived. To view
these announcements, click below to go to view the archive page.
2005 Archive
(2005
Archive)
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