CDI Approves Terrorism Risk Insurance Act Endorsement

January 27, 2003

On Jan. 14, 2003, the WCIRB advised its members that several forms had been filed with the California Department of Insurance (CDI) related to the Terrorism Risk Insurance Act which became effective on Nov. 26, 2002.

The CDI has acknowledged that the filed NAIC Model Disclosure Form is appropriate for use in California and has approved the NCCI Terrorism Risk Insurance Act Endorsement as a Standard Form for use in California.

These documents are advisory only. Insurers are not obligated or required to use them.

Visit www.wcirbonline.org to view the bulletin containing copies of the documents, as well as additional information regarding their use.

Was this article valuable?

Here are more articles you may enjoy.