Photo of Lowell Point taken by an Umialik employee.

Lowell Point, AK
Photo by | Umialik Employee

UmialikXpress


Agency Bulletin

June 13, 2024


Commercial Auto and Workers’ Compensation Changes and Town Hall Recording

Thank you to everyone who was able to attend our first Town Hall last Wednesday. A recording of the Town Hall is available here. The MyAccount Registration User Guide for policyholders we referenced in the Town Hall is available here. If you were unable to attend the Town Hall, here are a few important details to know.

Commercial Auto Endorsements

Our Business Auto Enhancement Endorsement has been modernized, and we have added coverages. One of the new coverages is the Tractor and Trailer combined deductible.

We have also developed a new Business Auto Enhancement Plus. This endorsement provides additional or modified coverages, such as Audio, Visual and Data Electronic Equipment; Towing and Labor; and a broadened definition of Insured.

Composite Auto Endorsement

We have modified our Composite Auto Endorsement. It will now allow rating at the vehicle type level and will offer a variety of reporting options.

Streamlined Program

We have streamlined the Commercial Auto product by withdrawing duplicate declarations and adding endorsements for Commercial Auto.

ISO Physical Damage Deductible

We have implemented the ISO physical damage deductible options with up to a $20,000 deductible for non-zone rated vehicles.

Make sure to save the date for our next Town Hall scheduled for Wednesday, June 26! We will be sending out an invitation soon.