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Effective September 1, 2008
Residential Inflation Factor

The Beach Plan will adjust the residential automatic inflation factor to 2.5% according to the Consumer Price Index. Following the Consumer Price Index is the method approved for the Association for our automatic inflation factor program. This will not affect windstorm and hail policies when the Member Company has provided a different inflation factor.

Effective November 1, 2008
New Commercial Rates and Forms
The Associations will adopt ISO (Insurance Services Office, Inc) rates and forms approved for usage in the state of North Carolina.
 

Effective June 1, 2008
Dwelling 2002 Program

The Associations have adopted the Dwelling 2002 program as required by General Statute. In addition the Dwelling Windstorm and Hail forms
were updated to reflect the changes of the Dwelling 2002 program.

.Effective January 30, 2008
Urgent Beach Plan 1099 Update
Your Agency’s NCIUA (Beach Plan) 1099 may be incorrect.
The commission paid to your Agency for November 2007 was correct but an error has been discovered in
which the November 2007 commissions were doubled on your 1099.
If your Agency did not receive any Beach commissions in November 2007 your 1099 should not be affected. However, the Beach Plan is
working as quickly as possible to reissue 1099s to ALL Agencies.
If your Agency needs to determine its income for the Beach Plan prior to receiving the corrected 1099, you can
subtract your total commission for November 2007 from your 1099 total.

If you have any questions you can contact the following staff members of the NCIUA: 

                                    Christine Allen           Extension 4401

                                    Petra Strickland        Extension 4402

                                    Roger VanOstrand    Extension 4403  

NCIUA apologizes for any inconvenience to your Agency. 

Please make sure this email gets to the appropriate person in your Agency.

Effective October 1, 2007
New Commercial Rates
The Associations will adopt the rates approved for usage by ISO (Insurance Services Office, Inc) in the state of North Carolina.

Reminder June 19, 2007
Direct Assignment Authority - Catastrophe
As a reminder, if you have not submitted your request for direct assignment authority please do so immediately. You may find the necessary form in the Claims/Catastrophe section of our website. If you have any questions feel free to contact the Claim Department.

Effective May 1, 2007
New Homeowner and Homeowner Windstorm and Hail Rates

The Beach Plan will be adopting the new Homeowner Rates as published by the North Carolina Rate Bureau effective May 1, 2007. The Dynamic Web was updated with these new rates on March 1, 2007.

Reminder March 1, 2007
Dynamic Web Application Requirements

The Dynamic Web Agreement stipulates that the producer will maintain a copy of the uploaded application with the required signatures. The application copy that should be saved is the one you print to have your client sign. Keeping the Signature Page only and attaching it to the final uploaded application does not comply with the Dynamic Web Agreement. If you have any questions regarding this requirement, please contact your Underwriter.

Effective January 23, 2007
Beach Plan Photograph Requirements

As a reminder, photographs of the structure(s) insured are required by the Association for both full peril and windstorm and hail policies. The Dynamic Web Application indicates the policy will be cancelled if photographs are not received within thirty (30) days. You may upload a photograph at time of application by attachment. For issued policies you may send via the Dynamic Web under the "Send a File or Photo Electronically" option.

Effective September 15, 2006
Ernesto Producer Claim

The authority period for direct claim assignment by the producer has expired.

Effective December 1, 2006

New Commercial Rates

The Associations will adopt the rates approved for usage by ISO (Insurance Services Office, Inc) in the state of North Carolina.

Effective September 1, 2006
Dwelling Fire and Dwelling Wind Rate Change

The Associations will adopt the rates approved for usage by the North Carolina Rate Bureau. Dwelling 89 rates are available from ISO (Insurance Services Office, Inc).

August 31, 2006
Important Information - ERNESTO
If Ernesto is a Hurricane when it hits land today, Hurricane Catastrophe Procedures will apply. Click Here for Catastrophe Procedures.

If Ernesto is a Tropical Storm at the time of landfall today, Hurricane Catastrophe Procedures will not apply as it pertains to reporting to Member Companies; however, the Associations are authorized direct assignments by Producers to one of the approved Independent Adjusting Firms listed on this web site for one week following the storm's landfall.                  

June 16, 2006
Association Zip Code Change
Effective July 1, 2006 - New Zip Code For Street Address. The United Postal Services will change the zip code of the Associations' street address effective July 1, 2006. The zip code will change from 27511 to 27518.

5651 Dillard Drive
Cary, NC 27518

The zip code for the Associations' post office box will not change. It will remain 27512.

PO Box 8009
Cary, NC 27512
 

January 23, 2007
2005 Announcements Archive
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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NCJUA / NCIUA
5520 Dillard Drive
Suite 180
Cary, NC 27518

919-821-1299
 

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