|
Announcements - News and More...
To pay by credit card
online, click here.
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
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
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
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
The authority period
for direct claim assignment by the producer has expired.
Effective December 1, 2006
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
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
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, 2006Effective 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
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)
|
