What it was
WC 20 01 01 (original printing effective January 1, 2008) was the Massachusetts endorsement addressing the Terrorism Risk Insurance Act of 2002 as amended and extended by the Terrorism Risk Insurance Program Reauthorization Act of 2007. It defined Act of Terrorism, Insured Loss (including acts of war for workers compensation) and Insurer Deductible (20% of the insurer's prior calendar year direct earned premium for program years 2008 through 2014), and disclosed the federal backstop and the premium charge.
Status
The Workers' Compensation Rating and Inspection Bureau of Massachusetts lists WC 20 01 01 as withdrawn effective January 1, 2015, along with the companion Massachusetts notification of pending law change (WC 20 01 02). The bureau's current list of NCCI endorsements approved in Massachusetts includes the national Terrorism Risk Insurance Program Reauthorization Act Disclosure Endorsement, WC 00 04 22 C.
Why agents still see it
Older Massachusetts policies, loss runs and coverage disputes about 2008–2014 terms may reference this form. For current policies, look for WC 00 04 22 C and, from 2027, the TRIPRA expiration notice WC 00 01 16.
Quoting and selling notes
- Workers compensation terrorism coverage is not optional; the disclosure explains the charge, which appears in Item 4.
- Massachusetts has other state-specific endorsements an agent will see on current policies, such as the Massachusetts Notice to Policyholder Endorsement (WC 20 03 03 F), the Massachusetts Limits of Liability Endorsement (WC 20 03 01) and the Massachusetts Construction Classification Premium Adjustment Endorsement (WC 20 04 03).
Related forms
Current disclosure WC 00 04 22; pending law change notice WC 00 01 16.
