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Leslie Bonacum
847-267-7153
mediahelp@cch.com
Neil Allen
847-267-2179
neil.allen@wolterskluwer.com

Uniform Information Services' Regulatory Information And Sample Disclosure Forms Help Insurers Comply With Terrorism Risk Insurance Act

New Information Tools Ease Compliance Burden for Insurance Companies

(ACTON, MASS., December 6, 2002) - Uniform Information Services (Uniform), the nation's leading provider of information solutions for compliance professionals in the property and casualty insurance industry, announced today that it is providing information in its various products and has developed sample disclosure forms in response to the Terrorism Risk Insurance Act of 2002. Users can download the sample disclosure forms from the Uniform web site at www.uniforminc.com. Print and customized forms can be ordered by calling (800) 382-2424.

The new Act established a temporary federal Terrorism Insurance Program that provides for shared public and private compensation for insured losses resulting from acts of terrorism. As such, it presents significant compliance issues for insurance companies. The new sample disclosure forms from Uniform help companies address some of the compliance issues with the complex new law, in a time-saving way.

"The sample forms are just one of several compliance solutions Uniform will provide to insurance companies, which must meet the requirements of the new law," noted Uniform President and CEO Roger Gallo. "Our ComplianceWare®, AuthenticWeb™ for State Filing and preprinted forms products offer comprehensive compliance information that will help insurers understand the Act's multi-faceted requirements and ensure compliance with the various Department of the Treasury and state guidelines throughout their operations."

The Act requires that insurers make coverage available for "insured losses" that do not differ materially from the stated policy's terms, amounts and other coverage limitations applicable to losses arising from events other than acts of terrorism. Insurers are required to provide "clear and conspicuous" disclosure to the policyholder/applicant of the premium applicable to coverage for insured losses under the Terrorism Insurance Program. There are also requirements pertaining to reinstatement of pre-existing terrorism exclusions under specific circumstances, rate filings and form filings.

About Uniform Information Services, Inc.

Uniform, a division of CCH INCORPORATED, is the nation's number-one provider of compliance related services for the property and casualty insurance industry. The company was founded in Chicago in 1917 as a non-profit to provide standardized uniform-language insurance forms. Today, the company is part of CCH INCORPORATED Business and Finance Group, and is a leader in the advancement of property and casualty compliance and insurance forms automation. To learn more about Uniform, visit the company's web site at www.UniformInc.com or call 800-503-1896.

About CCH INCORPORATED

CCH INCORPORATED, founded in 1913, has served four generations of business professionals and their clients. The company produces approximately 700 print and electronic products for securities, tax, legal, banking, securities, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer North America. The CCH web site can be accessed at cch.com. The CCH business and finance group web site can be accessed at business.cch.com.

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