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NAIC Continues its Evaluation of Insurers’ Use of Big Data

USA - August 23 2018 The NAIC is continuing its review of property and casualty insurers' use of predictive modeling in rate filings and is developing related guidance...

Michael L. Rosenfield, Ellen M. Dunn, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.


NAIC Forms Working Group to Consider Insurance Regulatory Issues Related to Legalized Cannabis Business

USA - August 23 2018 Notwithstanding that an increasing number of states have legalized the recreational andor medical use of marijuana, the possession, production...

Michael L. Rosenfield, Ellen M. Dunn, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.


NAIC Working Group Exposes Reports Regarding Bond Factors

USA - August 23 2018 The Investment Risk-Based Capital (E) Working Group heard a presentation from the American Academy of Actuaries (AAA), which continues to recommend...

Michael L. Rosenfield, Ellen M. Dunn, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.


Property and Casualty Insurance (C) Committee Adopts Travel Insurance Model Act

USA - August 23 2018 The Property and Casualty Insurance (C) Committee adopted the Travel Insurance Model Act (NAIC Travel Model Act), which is intended to provide a...

Michael L. Rosenfield, Ellen M. Dunn, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.


NAIC Takes Action to Begin Implementing the Covered Agreement

USA - August 23 2018 The Reinsurance (E) Task Force has proposed amendments to the NAIC's Credit for Reinsurance Model Law and the Credit for Reinsurance Model Regulation...

Michael L. Rosenfield, Ellen M. Dunn, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.