Commonwealth Automobile Reinsurers

Rule Amendments Approved during Calendar Year 2013


December 23, 2013

Rules 21, 29

Rule 21.D. has been amended to extend the Clean-in-Three non-renewal provisions for an additional year to March 31, 2015 for those producers that did not have a voluntary contract or a brokerage agreement with any Member as of April 1, 2010 and did not subsequently receive a voluntary contract or brokerage agreement with a Member prior to October 31, 2013. Voluntary credit factors have been established for policies effective April 1, 2014 and subsequent. (Rule 29.E.2.)
Refer to Bulletins 983 and 984.
 

October 22, 2013

Rule 29

Rule 29.D. has been amended to reflect usage of the Notice of Expiration of Policy Assignment form (Notice) by ARCs, effective April 15, 2014. Commencing on April 15, 2014, and impacting policies expiring on June 1, 2014 and later, companies must use the Notice to notify an assigned policyholder who has not obtained replacement coverage in accordance with provisions of Rule 29.D.2. that the ARC intends to non-renew the insured’s MAIP policy at the expiration of the three-year assignment period. Under these circumstances, the Notice will replace the standard non-renewal notice.
Refer to Bulletins 977 and 980.