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Market Activities Bulletin - "Certificates of Insurance"

PIA members and affiliates report from across the country that there is a growing set of confusions in the insurance marketplace as regards addressing and/or...
July 6, 2009

PIA members and affiliates report from across the country that there is a growing set of confusions in the insurance marketplace as regards addressing and/or insuring the interests of 3rd-parties engaged by named-insureds (PIA agencies' customers).

The PIA National Business Issues Committee Technical Working Group recently issued a paper addressing:

A.  The main issues that contribute to this growing confusion; PIA responses thus far; and the actions that we are pursuing/supporting, and encouraging all PIA members, affiliates and their carriers to take.

B. A review of the general definitions and treatments of defined interests, their differences and the various insurance instruments that are available and may be used in a more appropriate response to these 3rd-parties.

PIA National Business Issues Committee Technical Working Group Paper: Market Activities Bulletin - "Certificates of Insurance" (Word document)

State laws, regulations, bulletins and rules regarding certificate/evidence forms (PDF, ACORD, June 23, 2009, 30 states)