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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. These revisions are exposed for comment until January 11, 2021. As a result of the continuing COVID-19 pandemic, the NAIC once again met in a virtual format. NAIC Re-exposes Revisions to SSAP No.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products. The Big Data (EX) Working Group heard a presentation from LIMRA regarding how insurers are utilizing consumer data in underwriting life insurance products.