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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...

Jonathan J. Kelly, 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...

Jonathan J. Kelly, 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...

Jonathan J. Kelly, 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...

Jonathan J. Kelly, Ellen M. Dunn, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.


NAIC Continues to Develop Regulatory Guidance Regarding Changes to Life Risk-Based Capital Following Federal Tax Reform

USA - August 23 2018 The Life Risk-Based Capital (E) Working Group adopted a proposal for changes to the life and fraternal RBC factors and instructions during a June 8...

Jonathan J. Kelly, Ellen M. Dunn, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.