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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

Despite not being able to meet in-person, the NAIC utilized the Summer Meeting as an opportunity to host conversations among insurance regulators, industry members and consumers regarding recent events, including the impact of COVID-19 on the insurance industry as well as racial inequality and the promotion of diversity in the insurance industry.

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Kofax Robotic Process Automation Software Creates Smarter Robots

Info Source

Irvine, CA, June 20, 2018 – Kofax ® , a leading supplier of software to automate and digitally transform information intensive processes, today announced the addition of artificial intelligence (AI), machine learning and other capabilities in its Kapow 10.3 Kofax Kapow Technical Product Overview white paper.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The revised SAT, which the NAIC adopted in February 2020, incorporates a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity. The amendments address new minimum standards for affiliated cost sharing services and management services agreements.