Louisiana Administrative Code › Title 55 - PUBLIC SAFETY › Part III - Motor Vehicles › Chapter 17 - Compulsory Insurance › Subchapter B - Specifications for Notification of Initiation, Termination, or Modification of Liability Security › Section III-1750 - Definitions

Current through Register Vol. 50, No. 6, June 20, 2024
A. As used in this
				  Subchapter, the following terms have the meanings described below.
Account Number/User-ID
-the unique
					 identifier assigned to each servicing agent. If the electronic filing method is
					 via the internet, this code is assigned by GXS to identify the mailbox for the
					 reporting entity and is also used by GXS for billing. If the electronic filing
					 method is via the Louisiana secure server, the account number and user-id will
					 be assigned by the department.
Business Days
-business days are Monday
					 through Friday, between 8:00 a.m. and 4:30 p.m. central time. Business days do
					 not include Saturday, Sunday, state holidays or any other holiday declared by
					 the governor.
Change in Coverage
-a change in coverage
					 shall be considered either an initiation of coverage or a termination of
					 coverage based on the nature of the change. The addition of a vehicle to a
					 liability security policy shall be considered an initiation of coverage. The
					 effective date of the initiation shall be the date the vehicle was added to the
					 policy, regardless of the date the original policy was issued. The deletion of
					 a vehicle from a liability security policy shall be considered a termination of
					 coverage. The replacement of a covered vehicle with another vehicle in a
					 liability security policy shall be considered both a termination of coverage
					 for the replaced vehicle and an initiation of coverage for the replacement
					 vehicle. If the registered owner of a vehicle changes, the previous owners
					 coverage shall be terminated and the new registered owners initiation of
					 coverage shall be reported. If the principal driver changes, but the registered
					 owner stays the same, no change in coverage shall be reported. Renewals,
					 without a lapse in coverage, shall not be reported. Renewals in which only the
					 policy number changes shall not be reported. Changes in coverage not related to
					 the vehicle liability security being issued, procured, recalled, reinstated,
					 terminated, canceled or changed from binder status to an active policy number
					 shall not be reported.
Department
-Department of Public Safety and
					 Corrections.
Duplicate Record
-any record reported with
					 the same information (INS-COMP-CODE, VIN,
					 TERMINATION-OR-CHANGE-OR-EFFECTIVE-DATE and TRANSACTION-TYPE) as a record
					 already in the Departments insurance system is a DUPLICATE RECORD and will be
					 rejected. (Disposition code "D").
Edit Error
-a record submitted by an
					 insurance company or servicing agent unacceptable for filing purposes due to
					 the absence of information in a required field or the presence of invalid
					 information in the key data fields is an EDIT ERROR. Key data fields are
					 identified and detailed in the technical filing specifications. Any record
					 which is returned to an insurance company or servicing agent as an EDIT ERROR
					 is not a filing. The record shall be corrected and re-reported within 15
					 business days of the RETURN-DATE. (Disposition code "E").
Edit Error Mask
-the field within each type
					 of record (Header, Individual Vehicle and Fleet) that is used to identify
					 fields that failed to pass the edits. When the Disposition code is "E" the
					 EDIT-ERROR-MASK field will identify which fields failed to pass the edits (1)
					 and which fields are edit error free (0).
Fleet Policy
-a policy insuring a business
					 with a fleet of five or more vehicles registered in Louisiana for which VIN
					 information is not maintained on each vehicle. If the insurance company
					 maintains the VIN of each vehicle within the fleet, the filing must be reported
					 on a vehicle by vehicle basis.
Hit
-a record submitted by an insurance or
					 servicing agent which matches a Departments vehicle registration record and is
					 an acceptable record. (Disposition code "H").
Incorrect Type-Use
-the reported vehicle is
					 exempt from the Compulsory Motor Vehicle Liability Security Law because of the
					 "type use" or "class" of vehicle. This record is not updated to the system. Do
					 not resubmit this record. (Disposition code "I").
Initiation of Coverage
-the issuing or
					 making of a liability security policy, liability bond, deposit or other
					 security.
Insurance Company Code
-a unique number
					 assigned to each insurance company. The National Association of Insurance
					 Commissioners Code (NAIC code) or a temporary identification number assigned by
					 the Department to an insurance company for the purpose of
					 R.S.
					 32:863.2 of the Compulsory Motor Vehicle
					 Liability Security Law will be used.
Lapse
-when a vehicle liability security
					 policy is not in effect for one or more days.
No-Hit
-a record submitted by an insurance
					 company or servicing agent which does not match a Department vehicle
					 registration record and which does not pass the VINA check. The filing must be
					 corrected and resubmitted within 15 business days of the RETURN-DATE.
					 (Disposition code "U").
Non-Renewals
-
a. a non-renewal of a motor vehicle liability
				  insurance policy shall include:
i. a refusal
				  by the insurer to issue a superseding policy or a renewal of such
				  policy;
ii. a request by the
				  insured that a superseding policy not be issued or such policy not be renewed;
				  or
iii. a failure of the insured to
				  make the premium payment due upon a superseding policy or on a renewal of such
				  policy offered by the insurer.