EXPOSURE DOCUMENT INDEX
The following is a list of documents exposed by various work groups of the 不良研究所官方 to the public. For additional information regarding these and other documents, their comment periods and pending actions – please visit the appropriate Committees & Activities page.
There are no exposure drafts at this time.
The below document is exposed for comments until COB January 18, 2024 by the Solvency Workstream of the Climate & Resiliency (EX) Task Force. Please submit comments to Dan Daveline.
LIFE WORKSTREAM听
Comments request by Sept 5 on听Draft Survey on Criminal History
Enhanced Cash Surrender Value Offer Survey
听
Annuity Suitability (A) Working Group Adopted FAQ Guidance Document听听Adopted FAQ Guidance Document
COMMENTS ON THE JULY 11, 2024 DRAFT GUIDANCE DOUMENT ARE REQUESTED BY COB JULY 26, 2024听
听 听 听 听听AUWG Regulatory Guidance - July 11 Draft
听
COMMENTS ON THE JUNE 3, 2024 DRAFT GUIDANCE DOCUMENT AND DRAFT REFERRAL REQUESTED BY COB JUNE 30, 2024
听 听 听 听 AUWG Regulatory Guidance - June 3 Draft听
听 听 听 听 听 听 听 Comments received
听 听 听 听 听 听 听 1 - ACLI听
听 听 听 听 听 听 听 2 - Consumer Reps
听听 听 听 听AUWG Referral to Market Conduct Examination Guidelines (D) Working Group - June 3 Draft
听 听 听 听 Full Guidance with Appendices (PDF)
听 听 听 听 Explanation of revisions to June 3 Drafts
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COMMENTS ON JAN 11, 2023 DRAFT REFERRAL REQUESTED BY MARCH 24, 2023听
听 听 听 听听AUWG Referral to Market Conduct Examination Guidelines (D) Working Group听
听 听 听 听 听 听 听 Comments received
听 听 听 听 听 听 听 1 -听听cej_comments_naic_auwg_230324_mceg_wg_referral_0.pdf
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COMMENTS ON THE JAN 25, 2023 DRAFT GUIDANCE DOCUMENT ARE REQUESTED BY APRIL 14, 2023
听 听 听 听听AUWG Draft Regulatory Guidance Document听
听 听 听 听 听 听 听Comments received听
听 听 听 听 听 听 听1 -听ACLI%20Comments%20on%20the%20AUWG%20Draft%20Regulatory%20Guidance.pdf
听 听 听 听 听 听 听2 -听CEJ%20Comments%20on%20AUWG%20Draft%20Regulatory%20Guidance_0.pdf
听 听 听 听 听 听 听3 -听CIR%20Comments%20on%20AUWG%20Draft%20Regulatory%20Guidance.pdf
听 听 听 听 听 听 听4 -听Connecticut%20DOI%20Comments%20on%20Draft%20Regulatory%20Guidance.pdf
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Chair Draft Safe Harbor Guidance Document听(Draft Date Sept. 23, 2024)
The following documents are being exposed for a 45-day public comment period ending听Monday, Jan. 27:
Please send comments to听Scott O'Neal听by听Jan. 27, 2024
This can also be found under the 鈥淓xposure Drafts鈥 tab on the .
The following document is being exposed for a 14-day public comment period ending Monday, Dec. 2:
Please send comments to听Scott O'Neal听by听Dec. 2, 2024
The following document is being exposed for a 21-day public comment period ending Monday, Dec. 9:
Please send comments to听Scott O'Neal听by听Dec. 9, 2024
The following documents are being exposed for a 51-day public comment period ending Wednesday, Jan. 8:
- Academy Knowledge Statements Presentation 1124
- Academy Qualified Actuary Knowledge Statement Comment Letter 1124
- Academy Response to LATF Public Comments 1024
- LATF Appointed Actuary Knowledge Statements Redline Changes 1124
Please send comments to听Scott O'Neal听by听Jan. 8, 2024
The following document is being exposed for a 58-day public comment period ending Wednesday, Jan. 15:
- Asset Adequacy Testing (AAT) for Reinsurance Actuarial Guideline (AG) Exposure Questions 111824
- AAT for Reinsurance AG Presentation LATF 111524
- Draft AG ReAAT 111524
Please send comments to听Scott O'Neal听by听Jan. 15, 2024
There are no exposure drafts at this time.
There are no exposure drafts at this time.
The following document is being exposed for a public comment period ending, Friday, Feb. 7, 2025:
Please send comments to听Amy Fitzpatrick听by close of business on听Feb. 7,听2025.
The following documents are being exposed for a听 public comment period ending Monday, December 9, 2024:
- NJ DOBI - Response听
- NJ DOBI - Proposed Amendment听
- NJ DOBI - VM-22 Longevity Reinsurance Reserving Proposal
Please send comments to听Amy Fitzpatrick听by close of business on听Dec. 9,听2024.
The following document's exposure period is being extended. It is now ending Friday, Nov. 22听Monday, Nov. 4:
Please send comments to听Scott O'Neal听by听Nov. 22听Nov. 4, 2024
The following document is being exposed for a 30-day public comment period ending Thursday, Nov. 14, 2024:
Please send comments to听Scott O'Neal听by听Nov. 14, 2024
Additionally, an excel tool that compares the 12/31/23 AIRG and GOES 2024 FT1 UST SERT Scenarios has been included to aid review of the scenarios.
There are no exposure drafts at this time.
The following document is being exposed for a 90-day public comment period ending听Tuesday, Jan. 21, 2025:
Please send comments to Jane Ren听by听Jan. 21, 2025
Model #171 Revisions Tracked Redline Version听(as adopted by the Committee on Nov. 19)
Model #171 Revisions Clean Version听(as adopted by the Committee on Nov. 19)
QTL Template.xlsx听Pennsylvania Revised Draft QTL Template Draft May 28, 2020
QTL Template Instructions.docx听Revised Draft QTL Template Instructions May听28, 2020
MHPAEA assumptions exposure.docx听MHPAEA Draft Assumptions March 10, 2020
There are no exposure drafts at this time.
The Task Force requests comments on the American Academy of Actuaries draft Knowledge Statements for Appointed Actuary for Health Blank.
Health Knowledge Statements_Draft.pdf
Please provide comments to eking@naic.org by Thursday, Oct. 31.
The Working Group requests comments on the Minnesota Approach with adjustments to haircut percentages and cumulative rate increase ranges of the cost-sharing formula as shown in Proposal A and Proposal B below as candidates for a Single LTCI Multistate Rate Review Approach. The adjustments are intended to address the 鈥85/25/400鈥 issue as discussed at the Working Group鈥檚 Aug. 12 meeting.
The Minnesota Approach, including the current cost-sharing formula, is described here: /sites/default/files/documents/ltci-msa-framework.pdf
Please provide comments to eking@naic.org by Friday, Sept. 27.
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The Working Group requests comments on the Minnesota Approach with adjustments to haircut percentages or cumulative rate increase ranges of the cost-sharing formula as a candidate for a Single LTCI Multistate Rate Review Approach. The adjustments are intended to increase cost-sharing burden for the company where cumulative rate increases are very high (which tends to be the case for higher-age policyholders, higher-duration policies) and potentially decrease cost-sharing burden for the company for lower-duration policies.
The Minnesota Approach, including the current cost-sharing formula, is described here: /sites/default/files/documents/ltci-msa-framework.pdf
Please provide comments to eking@naic.org by Thursday, Aug. 1.
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To: Long-Term Care Actuarial (B) Working Group Members, Interested Regulators, and Interested Parties
Potential upcoming focus points for discussion on a single actuarial approach to multi-state long-term care rate increase reviews include:
- Can adjustments to the Minnesota cost-sharing formula result, generally, in older age / higher duration / higher past rate increase policyholders having their future rate increases be more limited than under the current approach?听
- Would such an adjusted Minnesota approach align with key principles (either developed by ACLI / AHIP or others that may be important to regulators and interested parties) such that it could be considered a candidate for the single actuarial approach?
- Should interest rate history and expectations be a part of a single actuarial approach like it is with the Minnesota approach?
Proposed Revisions to Model #171听(Track Version) (Adopted by the Task Force on Nov. 4, 2024)
Proposed Revisions to Model #171听(Clean Version) (Adopted by the Task Force on Nov. 4, 2024)
Proposed 2025 Charges听(Regulatory Framework (B) Task Force 2025 Proposed Charges)
Proposed Revisions to Model #171听(Tracked Version) (Adopted by the Subgroup on Oct. 17, 2024)
Proposed Revisions to Model #171听(Clean Version) (Adopted by the Subgroup on Oct. 17, 2024)
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Comments are requested by close of business April 21, 2022
ERISA Handbook case summary - Rutledge听
听 听 听Comments received听
The following document is being exposed for a public comment period ending Friday, December 13th, 2024:听
Please send comments to Jane Koenigsman by EOD December 13th.听
There are no exposure drafts at this time.
The attached Catastrophe Modeling Primer is being exposed for public comment.听
10_23_24 Exposure Draft of Cat Modeling Primer.pdf
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Please submit comments to Sara Robben, srobben@naic.org, by close of business on Friday, Nov. 22, 2024.
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There are no exposure drafts at this time.
!!FINAL VERSION OF DISCLOSURE NOTICE COMBINED_redlined changes.pdf
The Working Group's revised Disclosure Notice of Premium Increase Guidance document is exposed for comment until Aug. 30, 2024. Please send comments to 不良研究所官方 staff person Anne Obersteadt at aobersteadt@naic.org.
The Task Force is exposing the Appendix B-RGLM to White Paper revised document for 30 days.
Appendix B-RGLM to White Paper Revised _without Redline.pdf
Appendix B-RGLM to White Paper Revised _with Redline.pdf
Please provide comments to Kris DeFrain, kdefrain@naic.org, by Friday, September 13, 2024.
The following document is being exposed for a 30 day public comment period ending January 21, 2025.
2025 P&C Statement of Actuarial Opinion Instructions
Please provide written comments to Kris DeFrain, kdefrain@naic.org by Tuesday, January 21, 2025.
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There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
Proposed听 Amendments to the Public Adjuster Licensing Model Act (#228)
New Public Adjuster Licensing Charge
Adopted by the Producer Licensing (D) Task Force: May 31, 2023
Adopted by the Market Regulation and Consumer Affairs (D) Committee: July 27, 2023
Review and amend, as needed, the Public Adjuster Licensing Model Act (#228) to enhance consumer protections in the property and casualty claims process.
The Adjuster Licensing (D) Working Group has been given the task of reviewing the 不良研究所官方 State Licensing Handbook, specifically Chapter 18鈥擜djuster Licensing.
The State Licensing Handbook was last updated and made available in 2021. The Producer Licensing Uniformity (D) Working Group has been given the charge to review the full handbook for any potential updates.听 To assist with this, the Adjuster Licensing (D) Working Group will review Chapter 18 and discuss necessary updates which will be presented to the Producer Licensing Uniformity (D) Working Group.听听
The Word and PDF version of Chapter 18 Adjuster Licensing can be found below.
The PDF Chapter 18 Adjuster Licensing Draft with track changes can be found below.
The Working Group will hold open monthly Webex conference calls to review comments received and finalize potential revisions.听
Remaining Monthly Calls:
- Wednesday, Nov. 6, 2024, at 2PM EST/1PMCST
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听
- Chapter 18 Adjuster Licensing (Current Version)听-听 WORD / PDF
- Chapter 18 Adjuster Licensing (Draft W/Track Changes) - PDF
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Comments Received:
In 2022, the Working Group began working on their charge to:
Review existing 不良研究所官方 Models and Guidelines that address the use of lead generators for sales of Health Insurance products and identify models and guidelines that need to be updated or developed to address current marketplace activities.听
The Working Group exposed suggested amendments on the Unfair Trade Practices Act 听(Model 880) for comment.听Throughout the year the Working Group met via conference calls to discuss the comments received and revised the Draft as necessary.
The Working Group has exposed the 2nd Draft amendments for additional comments. (Draft Version 11.3.22).听听
These comments will be discussed at during the Working Group meeting taking place at the Spring National Meeting in Louisville, KY.听听
The Working Group will hold conference calls as necessary to finalize the amendments.听 The final draft will be distributed prior adoption.听
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Draft听 # 1:听
Model 880 - Amendments Draft #1 8.31.22听
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Draft #2:
Model 880 - Amendments Draft #2 11.3.22
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Draft #3:
Model 880 - Amendments Draft #3 6.29.23
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New Comments Received:
- MO DOI Comments (7.21.23)
听 - 不良研究所官方 Consumer Reps Comments (7.25.23)
听 - AHIP Comments (7.21.23)
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State Comments:
- HI DOI Comments听听(3.29.23)
听 - ME DOI Comments听(11.18.23)
听 - MO DOI Comments听(3.13.23)
听 - OH DOI Comments - PLMA (Model 218)
听 - OH DOI Comment Letter 11.15.22
听 - OH DOI Comment Letter听11.18.22
- OK DOI Comments听(9.30.22)
听 - RI DOI Comments听(8.1.22)
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Industry Comments:
- ACLI Comments听(9.30.22)
听 - AHIP Comment听(9.30.22)
听 - AHIP Comment (11.18.22)
听 - AHIP听Updated Comments (11.2.22)
听 - Health Benefits Institute Comments听(9.30.22)
听 - 不良研究所官方 Consumer Representatives听Comments听(9.30.22)
听 - NAHU听Comments听(9.30.22)
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Draft Chapter 23-Conducting the Life and Annuity Examination Chapter October 4, 2024 Draft (Updated to correspond to听Actuarial Guideline XLIX-A鈥擳he Application of the Life Illustrations Model Regulation to Policies with Index-Based Interest (AG 49-A). NOTE: The Oct. 4, 2024 draft Chapter 23 was adopted by the Working Group at its Nov. 7, 2024 Webex meeting,
2023 and Prior Years' Exposure Drafts:
Draft Chapter 23-Conducting the Life and Annuity Examination October 4, 2023 Draft (The Oct. 4, 2023 draft contains changes from the previous version, dated June 6, 2023. The October 4, 2023 updates in the draft are highlighted in green, they occur on pages 14, 17, 29, 31, 32, 33, 38, 40, 45, 52, 55 and 56.)
NOTE: The Oct. 4, 2023 draft Chapter 23 was adopted by the Working Group at its Nov. 8, 2023 Webex meeting, the chapter underwent additional revisions during that meeting, as part of that adoption.
Draft Chapter 23-Conducting the Life and Annuity Examination June 6, 2023 Draft (The June 6, 2023 draft contains changes from the previous version, dated Aug. 22, 2022. The June 6, 2023 updates in the draft are highlighted in blue, they occur on pages 30 and 34 (in Marketing and Sales Standards 9 and 10.)
Draft Chapter 23-Conducting the Life and Annuity Examination August 22, 2022 Draft (The Aug. 22, 2022 draft contained updates highlighted in yellow, which took听into consideration comments received on the April 19, 2022 draft; the Aug. 22 draft was discussed at the Sept. 8 and Oct. 20, 2022 meetings and at the March 28, 2023 meeting.)听
New Draft Chapter 23-Conducting the Life and Annuity Examination April 19, 2022 Draft (Updated to correspond to revisions adopted by the 不良研究所官方 in February 2020 to the Suitability in Annuity Transactions Model Regulation (#275))
New Draft Travel Insurance-Related Standardized Data Requests (Revised October 2023 by the Travel Insurance regulator-only SMEs, taking the comments received from Virginia Oct. 28, 2022, Missouri Sept. 16, 2022 and the CEJ Sept. 16, 2022 into consideration)
- Revised听Travel In Force SDR, October 25, 2023 Draft Redline
- Revised听Travel In Force SDR, October 25, 2023 Draft Redline Accepted
- Revised听Travel Claims SDR, October 25, 2023 Draft Redline
- Revised听Travel Claims SDR, October 25, 2023 Draft Redline Accepted
NOTE: The Oct. 25, 2023 new draft Travel Insurance In-Force SDR and the Oct. 25, 2023 new Travel Insurance Claims SDR were adopted by this Working Group at its Nov. 8, 2023 Webex Meeting
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- Travel In Force SDR, August 17, 2022 Draft
- Travel Claims SDR, August 17, 2022 Draft
Draft Chapter 4-Collaborative Actions June 6, 2023 Draft (The purpose of the revisions is to incorporate changes into Chapter 4, providing nonregulators with transparency and insight regarding the multistate process that occurs at the Market Actions (D) Working Group (MAWG))
NOTE: The June 6, 2023 draft Chapter 4 was adopted by the Working Group at its July 18, 2023 Webex meeting, the chapter underwent additional revisions during that meeting, as part of that adoption.
Revised Draft Chapter 24B-Conducting the MHPAEA-Related Examination July 11, 2022 Draft (This draft was discussed at the July 14, 2022 Webex. Changes were made to Standard 5 on pages 14-15 and Standard 6 on pages 17-18; they are shown in yellow highlight. These revisions were made to the July 6, 2022 Chapter 24B Draft).
NOTE: The Chapter 24B-Conducting the MHPAEA-Related Examination adopted by this Working Group on July 14, 2022 and by the Market Regulation and Consumer Affairs (D) Committee on August 12, 2022 at the Summer 2022 Hybrid National Meeting is provided at this link Chapter 24B-Conducting the MHPAEA-Related Examination Adopted 8-12-2022. Regulators, this document is also provided on the Market Regulation Handbook Web Page on StateNet.
New Draft Chapter 24B-Conducting the MHPAEA-Related Examination July 6, 2022 Draft (Updated with regard to the Working Group's June 9th discussion on comments received on the April 19, 2022 Chapter 24B Draft)
New Draft Chapter 24B-Conducting the MHPAEA-Related Examination April 19, 2022 Draft (Updated to correspond with updated federal guidance on Mental Health and Substance Use Disorder Parity Compliance)
- WI 05-25-22 Comments
- MO 05-27-22 Comments
- VA 05-27-22 Comments
- AHIP 05-27-22 Comments
- ABHW 05-27-22 Comments
- BCBSA 05-27-22 Comments
New Draft Chapter 1-Introduction July 6, 2022 Draft (Revisions relate to the听Working Group's discussion re: the Oct. 27, 2021 Chapter 20 draft in its previous meetings on Nov. 4, 2021, March 10, 2022, April 21, 2022 and June 9, 2022)
NOTE: The posted revisions to the July 6, 2022 draft Chapter 1-Introduction were adopted by the Working Group on its July 14, 2022 call.
New Draft Chapter 20-General Examination Standards July 6, 2022 Draft (Revisions relate to the Working Group's discussion re: the Oct. 27, 2021 Chapter 20 draft in its previous meetings on Nov. 4, 2021, March 10, 2022, April 21, 2022 and June 9, 2022)
NOTE: The posted revisions to the July 6, 2022 draft Chapter 20-General Examination Standards were adopted by the Working Group on its July 14, 2022 call.
New Draft Chapter 20-General Examination Standards, Oct. 27, 2021 Draft (Revisions Relating to the听Insurance Holding Company System Regulatory Model Act听 (#440)
- ACLI 05-18-22 Comments
- NV 04-14-22 Comments
- AHIP/BCBSA 04-15-22 Comments
- AHIP/BCBSA 04-15-22 FAH Market Conduct Communications 04-15-22 Excerpt
- State Farm Nov. 24, 2021 Comments
- ACLI Dec. 17, 2021 Comments
New Draft Chapter 21-Conducting the Property and Casualty Examination, April 19, 2022 Draft Revisions to the 4-19-22 draft are shown in yellow highlight (Revisions Relating to the听Real Property Lender-Placed Insurance Model Act听(#631)
NOTE: The posted revisions to the April 19, 2022 Conducting the Property and Casualty Examination chapter were adopted by the Working Group on its April 21, 2022 call.
New Draft Chapter 21-Conducting the Property and Casualty Examination, Oct. 27, 2021 Draft (Revisions Relating to the听Real Property Lender-Placed Insurance Model Act听(#631).听
- Industry Trade Associations Nov. 11, 2021 Comments Received by the 不良研究所官方 on Nov. 23, 2021
- Examination Resources Dec. 17, 2021 Comments
New Draft Chapter 24-Conducting the Health Examination, Sept. 30, 2021 Draft (Revisions Relating to the听Health Maintenance Organization Model Act (#430)
NOTE: The draft Chapter 24 was adopted by the Working Group on its November 4, 2021 conference call,
New Draft Chapter 25-Conducting the Medicare Supplement Examination, Sept. 27, 2021 Draft (Revisions Relating to the听Model Regulation to Implement the 不良研究所官方 Medicare Supplement Insurance Minimum Standards Model Act (#651)
NOTE: The draft Chapter 25 was adopted by the Working Group on its November 4, 2021 conference call, the chapter underwent an additional revision as part of that adoption.
Updated Draft Title Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
New Draft Title Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
- RI 04/01/21 Comments
- NE 04/23/21 Comments
- CEJ 04/23/21 Comments
- ALTA 04/23/21 Comments
- CO 04/29/21 Comments
NOTE: The Title SDRs were adopted by the Working Group on its September 2, 2021 conference call, the Title Claims SDR underwent an additional revision as part of that adoption.
NOTE: The posted revisions to the Conducting the Health Examination chapter were adopted by the Working Group on its November 19, 2020 call.听
New Draft Long-Term Care Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
NOTE: The Long-Term Care In Force and Long-Term Care Claims SDRs were adopted by the Working Group on its November 19, 2020 call.
New Inland Marine Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
NOTE: The Inland Marine In Force and Inland Marine Claims SDRs were adopted by the Working Group on its July 23, 2020 call.
NOTE: The Limited Long-Term Care Exam Standards, Dec. 11, 2019 draft, were adopted by the Working Group on its July 23, 2020 call.听
New Farmowners Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
NOTE: The Farmowners In Force SDR and Farmowners Claims SDR were adopted by the Working Group on its Dec. 18, 2019 call, and adopted by the Market Regulation and Consumer Affairs (D) Committee on its July 27, 2020 call.
Cybersecurity (EX) Task Force Referral to Market Conduct Examination Standards (D) Working Group
The following items have been tabled by the Working Group until further notice.
Draft New Health Reform Market Conduct Examination Standards for Nondiscrimination for inclusion in the听Market Regulation Handbook
Aug. 10, 2015 Draft
- 不良研究所官方 Consumer Representatives' 9/03/15 Comments
- National Women's Law Center (NWLC) 9/03/15 Comments
Draft New Health Reform Market Conduct Examination Standards for Nondiscrimination for inclusion in the听Market Regulation Handbook
Aug. 3, 2015 Draft
Section D. Standards of Chapter 14-Sampling of the Market Regulation Handbook 9/18/14
There are no exposure drafts at this time.
MCAS - Pet Insurance Scorecard Ratios Draft
- Pet Insurance Scorecard Ratios v1.9听2/21/2024
Charge to Assess Currently Available Market Analysis Data
- Market Analysis Data Sources听6/23/2023
Draft Documents
MCAS Proposals
Market Regulation Certification Program v2.44 clean听05/09/2023
Certification Program Scoring Matrix听04/19/2023
Market Regulation Certification Implementation Plan听 Adopted 12/9/2022
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The Task Force's Improper Marketing of Health Insurance (D) Working Group has been working on its charge to:听
Review existing 不良研究所官方 Models and Guidelines that address the use of lead generators for sales of Health Insurance听products and identify models and guidelines that need to be updated or developed to address current marketplace activities.听
The Working Group began reviewing the听Unfair Trade Practices Act听听(Model 880) in 2022.听During the 2023 Summer National Meeting the Working Group adopted amendments to Model 880 (8.14.23).听
The Task Force opened the adopted draft (8.14.23) for comment through Monday, Oct. 16, 2023.听听
The Task Force met by conference call听on October 20th to review comments received on draft amendments for the Unfair Trade Practices Act (Model #880).听
During the conference call the Task Force agreed to accept additional revisions from the comments received.听 The additional revisions have been applied to Draft #6 (10.20.23).
The Draft #6 (10.20.23) was open for comment until Friday, Nov. 10, 2023.听
The Task Force will review the updated draft (10.20.23) for potential adoption.
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Draft #6 (10.20.23):
Comments Received on Draft #6 (10.20.23):
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Draft #5 (8.14.23):
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Comments Received on Draft #5 (8.14.23):
- Missouri DOI Comments
听 - Missouri DOI Comments (within Model)
听 - Virginia DOI Comments
听 - Coalition Against Insurance Fraud and 不良研究所官方 Consumer Representatives Comments
听 - Coalition Against Insurance Fraud and 不良研究所官方 Consumer Representatives Comment Letter
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Antifraud Plan Repository Workflow
The Antifraud Technology (D) Working Group has been working on their first charge which is to: 听Review and provide recommendations for the development of an Antifraud Plan Repository to be used by insurers to create and store an electronic fraud plan for distribution among the states/jurisdictions. To assist with this process the Working Group created a subject matter expert (SME) group to finalize the Antifraud Plan Repository Workflow document. The SME Group exposed the draft to the Antifraud Technology (D) Working Group on May 6, 2022.听 听听
The Working Group adopted the draft on May 19, 2022 and it was presented to the Antifraud (D) Task Force.听 The Task Force will hold a meeting on June 30, 2022 to review any comments received and potentially adopt the draft.听
Antifraud Plan Repository Workflow
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Artificial Intelligence (AI) in MIS Recommendations
MIS R&D WG Statement on AI听posted 10/20/2021
RIRS Coding Change Proposal
RIRS Coding Change Proposal听听posted 3/25/2021
- CEJ听5/1/2021
- California听6/16/2021
There are no exposure drafts at this time.
UNIFORM LICENSING STANDARDS
The Working Group has requested state updates to the Uniform Licensing Standards Compliance Charts.听听
The ULS charts were last updated in 2017. To confirm we have the correct information; we are asking each state to review the ULS Checklist and provide their responses.听
For any non-compliance areas please indicate whether it is due to a regulation/rule or a department process. In addition, if there is any legislation pending please update the chart with that information.
Please send your responses back to me at Gwelker@naic.org and Courtney.Khodabakhsh@oid.ok.gov by end of day on Thursday, Nov. 21.听
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不良研究所官方 STATE LICENSING HANDBOOK REVIEW听
The Producer Licensing Uniformity (D) Working Group has been given the charge to: 听Provide oversight and ongoing updates to the听State Licensing Handbook, as needed.
The Working Group distributed a听 State Licensing Handbook checklist listing out each chapter with an option to select 鈥淵ES or NO鈥 whether the chapter should be opened for review.听
The Working Group met by conference call on September 10, 2024 to discuss the comments received and determine the chapters that may need further review.
The discussions generated a list of chapters that will need to be reviewed and are copied below.听 The Working Group plans to meet on Nov. 7, 2024, to discuss the chapters and determine a plan of action to finalize the review of each chapter.
Per these discussions the Working Group will provide a report to the Producer Licensing (D) Task Force with the findings and plan of action to review and potentially revise.
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State Licensing Handbook - Chapters
- 1 鈥 Modern Producer Licensing
听 - 6 鈥 Prelicensing Education
听 - 7 鈥 Application Review for Initial Licenses
听 - 8 鈥 Testing Programs
听 - 9 鈥 Lines of Insurance
听 - 10 鈥 Surplus Lines Producer Licenses
听 - 11 - Appointments
听 - 12 鈥 Business Entity
听 - 13 鈥 Temporary Licenses
听 - 14 鈥 Continuing Education
听 - 18 鈥 Adjuster
听 - 19 鈥 Bail Bonds Agent
听 - 24 鈥 Managing General Agents
听 - 25 鈥 Multiple Employer Welfare Arrangements
听 - 30 鈥 Viatical and Life Settlement Brokers
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Checklist Individual Responses:
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The State Licensing Handbook (individual chapters and appendix) can be found on the 不良研究所官方 website: /state_licensing_handbook.htm
The Working Group will continue to meet monthly in order to review the State Licensing Handbook.
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不良研究所官方 UNIFORM APPLICATION REVIEW听(2024)
In 2018 the Working Group reviewed and adopted revisions to the uniform applications (Individual and Business Entity).听 These revisions were not fully adopted by the 不良研究所官方 Membership. This year direction has been given to the Working Group to review the current revisions, finalize necessary changes and adopt. Once adopted they will be presented to the Producer Licensing (D) Task Force.
To assist with the review a check list has been created with all revisions adopted during the 2018 review.听 The checklist has 2 parts - "Initial" and "Renewal".听
The Working Group met by conference call through July to finalize the review and adopt the revisions.
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Adopted 不良研究所官方 Uniform Applications
Uniform Application for Individual (Initial) - Adopted by PLUWG May 7, 2024
Uniform Application for Individual (Renewal) - Adopted by PLUWG June 4, 2024
Uniform Application for Business Entity License (Initial) - Adopted by PLUWG June 4, 2024
Uniform Application for Business Entity License (Renewal) - Adopted by PLUWG June 4, 2024
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UNIFORM APPLICATION MATERIALS
2018 不良研究所官方 Uniform Application for Business Entity License Revisions Checklist - Excel听
2018 不良研究所官方 Uniform Application for Individual License Revisions Checklist听- Excel听听
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2018 不良研究所官方 Uniform Applications
- Individual Initial Application w/Track Changes -听Word / PDF
听 - Individual Renewal Application w/Track Changes -听Word / PDF
听 - Business Entity Initial Application w/Track Changes -听Word / PDF
听 - Business Entity Renewal Application w/Track Changes -听Word / PDF
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2018 不良研究所官方 Uniform Application Comments听
- Individual Initial Application Comments
听 - Individual Renewal Application Comments
听 - Business Entity Initial Application Comments
听 - Business Entity Renewal Application Comments
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Working Group Minutes (2018)
- 12.19.17 Minutes
听 - 3.15.18 Minutes
听 - 4.11.18 Minutes
听 - 5.2.18 Minutes
听 - 5.9.18 Minutes
听 - 6.6.18 Minutes
听 - 6.13.18 Minutes
听 - 7.10.18听Minutes
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不良研究所官方 State Licensing Handbook
The Producer Licensing Uniformity (D) Working Group has asked the Uniform Education (D) Working Group to review State Licensing Handbook chapters specific to continuing education. The three chapters identified are:
- Chapter 6 鈥 Prelicensing Education
- Chapter 8 Testing Programs
- Chapter 14 Continuing Education.
To efficiently review these chapters the Working Group is asking to review Chapter 6 鈥 Prelicensing Education first. Once comments have been received the Working Group will meet by conference call to review and begin reviewing potential revisions for the State Licensing Handbook. The chapters have been copied below.听听
Please submit your suggestions/comments to Gwelker@naic.org.
- SLH- Chapter 6 Prelicensing Education
听 - SLH - Chapter 8 Testing Programs
听 - SLH - Chapter 14 Continuing Education
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CE Audit Procedures
The Uniform Education (D) Working Group adopted the 不良研究所官方 CE Audit Guidelines on Oct. 29, 2024. The adopted document can be found below. The Producer Licensing (D) Task Force will review the document at the Fall National Meeting as part of the Working Group reports.听
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CE Audit Guidelines听(Adopted by UEWG on Oct. 29, 2024)
Checklist Responses:
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Continuing Education Reciprocity Agreement
In 2019, the Working Group reviewed the Continuing Education Reciprocity (CER) Agreement. The 不良研究所官方's General Counsel听advised the Working Group听that a revision of the agreement would not be feasible due to the date of the CER Agreement and inaccurate/dated information it contains. The decision was to create a new CER Agreement. During the Fall National Meeting the Producer Licensing (D) Task Force adopted听the 2019 CER Agreement. The agreement will be presented to the Executive (EX) Committee during the Summer National Meeting for final adoption. The adopted draft is attached below.
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Testing and Examination Pass Rates
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Exposure Drafts Still Open For Consideration with Comments Received:
Investment Framework
There are no Exposure Drafts at this time.
The Risk-Based Capital Investment Risk and Evaluation (E) Working Group has exposed the following item with a 21-day public comment period. Please submit comments to 不良研究所官方 staff, Dave Fleming, by COB Thursday, June 13, 2024.
Included for reference is the presentation from the 不良研究所官方鈥檚 Structured Securities Group. The Working Group is听specifically requesting comment on which items should be included in the proposal鈥檚 Exempted Residual Tranches and Interests list which would receive a 30% factor with all other residual tranches and interests receiving a 45% factor.听
The Working Group has exposed the following for public comment. Please submit comments to Dave Fleming by COB听May 15, 2024.
The Working Group has exposed the following for public comment. Please submit comments to听Dave Fleming听by COB April 8, 2024.
The Working Group has exposed the following for public comment. Please submit comments to听Dave Fleming听by COB May 12, 2023.
The referral below requires a response from the Capital Adequacy (E) Task Force and the Risk-based Capital Investment Risk and Evaluation (E) Working Group by May 15, 2023. Please submit your comments to听Eva Yeung听or听Dave Fleming听by COB March 31, 2023.
The Working Group has exposed the following for public comment. Comment is specifically requested from RBC vendors with respect to the proposed sensitivity test as it was submitted past the RBC deadline for exposure. Please submit comments to听Dave Fleming by COB April 12, 2023. 听
There are no exposure drafts at this time.
The Financial Stability (E) Task Force has exposed the following item for a 30-day public comment period ending听Dec. 17, 2024.听
Please submit comments to听Tim Nauheimer听and Aida Guzman by COB听Dec. 17, 2024.
The Financial Stability (E) Task Force has exposed the following item for a 30-day public comment period ending听December 17, 2024.听
Please submit comments to听Tim Nauheimer听and Aida Guzman by COB听December 17, 2024.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
During the July 24听call, 听the National Treatment and Coordination (E) Working Group discussed the below referral, which was received in 2023, and updates to the Company Licensing Best Practices Handbook. The Working Group is exposing the Company Licensing Best Practices Handbook for a 45-day comment period ending Sept. 20, 听2024, please submit comments on the edits or suggestions for additional edits to Jane Barr.
Comments on exposed items should be addressed to Director Elizabeth Kelleher Dwyer and Commissioner Glen Mulready, Co-Chairs of the Restructuring Mechanisms (E) Working Group, and directed to 不良研究所官方 staff, Robin Marcotte and Dan Daveline.
The following documents have been exposed with a public comment period ending Friday, July 12, 2024
Comment Letters:
The following documents are being exposed for a public comment period ending听Tuesday, December 10, 2024:
- Proposed Contractor Oversight Additions to Accreditation Review Team Guidelines
- Proposed Contractor Oversight Additions to the Financial Analysis Handbook - Part 1听
- Proposed Contractor Oversight Additions to the Financial Analysis Handbook - Part 2
- Proposed Contractor Oversight Additions to the Financial Condition Examiners Handbook
Please send comments to Bruce Jenson by听Tuesday, December 10, 2024
There are no exposure drafts at this time.
There are no exposure drafts at this time.
Blanks (E) Working Group
Items Received for Comment
Last Updated December 17, 2024
Please address comment letters to Pat Gosselin, Chair of the Blanks (E) Working Group, and direct to 不良研究所官方 support staff,听Mary Caswell听and Jill Youtsey.
| Ref No. | Description | Comment Deadline |
| 2024-13BWG | Update the annual investment schedules for editorial items to the bond project. (Investment Sch. General Instructions, Sch. D Verification, Sch. D Part 1A, Sch. D Parts 3 & 4, Sch. DL Parts 1 & 2, and Sch. E Parts 1 & 2). | 02/06/2025 |
| 2024-14BWG | Update the 2025 annual (2026 quarterly) investment schedules line category for Bonds Issued by Funds Representing Operating Entities. (Annual - Investment Schedule General Instructions, Summary Investment Sch., Summary By Country, Sch. D Part 1A, Sch. D Part 1 Section 1, Sch. D Parts 3, 4, & 5, Sch. DA Part 1, Sch. DL Parts 1 & 2, and Sch. E Part 2 / Quarterly 鈥 Investment Schedule General Instructions, Sch. D Parts 3 & 4, Sch. DL Parts 1 & 2, and Sch. E Part 2). | 02/06/2025 |
| 2024-15BWG | Remove the ACA disclosure on the transitional reinsurance program and the risk corridors program from the Supplemental Health Care Exhibit. | 02/06/2025 |
| 2024-16BWG | Remove the quarterly investment interrogatory line 13 for reporting mortgages and real estate in short-term investments. Renumber all lines below the line being removed. | 02/06/2025 |
| 2024-17BWG | Add a line to the Market Conduct Annual Statement (MCAS) Premium Exhibit for Pet Insurance. | 02/06/2025 |
| 2024-18BWG | Add a footnote to the Supplemental Health Care Exhibit (SHCE) Part 2 to report the amount of premium deficiency reserves that are included in different lines of Part 2. | 02/06/2025 |
| 2024-19BWG | Update Schedule BA line categories and instructions for the expansion of collateral loans. Add two electronic-only columns on Schedule BA, Part 1, for reporting fair value of collateral backing and the percentage of the collateral.听Update the Assets Valuation Reserve instructions and blank for the added collateral loan lines. | 02/06/2025 |
| 2024-20BWG | Add an electronic-only company contact information field to the annual and quarterly Jurat page for the assessment contact. | 02/06/2025 |
| 2024-21BWG | Update Schedule D, Parts 4 and Part 5, instructions to add clarifying instructions on what should be included on the investment schedule. (SAPWG Ref #2024-16). | 02/06/2025 |
| 2024-22BWG | Update Schedule BA definitions for Surplus Debentures and Capital Notes to add clarification on what should be reported in these categories. (SAPWG Ref #2024-28). | 02/06/2025 |
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Exposure Drafts Outstanding
Statutory Accounting Principles (E) Working Group
Last Updated December 17, 2024
Please address comment letters to Dale Bruggeman, Chair of the Statutory Accounting Principles (E) Working Group, and direct to听Julie Gann,听Robin Marcotte, Jake Stultz,听Jason Farr听and Wil Oden.
For the status of all SAPWG agenda items, please refer to the Maintenance Agenda.听(updated August 13, 2024)
| EXPOSURES with PUBLIC COMMENT PERIOD ending JANUARY 31, 2025 | ||||
| 2023-28 | Schedule BA | Collateral Loan Reporting | Re-exposed proposed Schedule BA and AVR reporting lines for collateral loans to allow for concurrent review with the exposed blanks proposal (2024-19BWG). | |
| 2024-10 | SSAP No. 56 | Book Value Separate Accounts | Exposed revisions to detail the measurement method permitted in the separate account and the process to transfer assets. Revisions from the prior exposure are limited to paragraphs 18.b. and 22. | |
| 2024-16 | A/S Instructions | Repacks and Derivative Wrappers | Exposed annual statement听instructions to clarify that held debt securities that are sold to an SPV and then reacquired reflecting additional (derivative or other) components shall be reported as a disposal and reacquisition in the investment schedules. A corresponding blanks proposal is also concurrently exposed. | |
| 2024-20 |
SSAP No. 1 Note 5L |
Restricted Asset Clarification | Exposed disclosure revisions to听clarify how modified co-insurance (modco) and Funds Withheld (FWH) assets shall be reported in the restricted asset disclosures听to incorporate a new disclosure to identify whether modco/FWH assets are pledged by the ceding entity, and to expand disclosure to detail difference between what is reported in the restricted asset note and what is captured in the general interrogatories. | |
| 2024-21 | SSAP No. 97 |
Investment Subsidiaries |
Exposed a concept agenda item requesting comments on options to clarify accounting guidelines and resulting reporting impacts for investment subsidiaries. | |
| 2024-22 | SSAP No. 104 | Stock Compensation | Exposed revisions to adopt with modification ASU 2024-01 Compensation鈥擲tock Compensation (Topic 718), Scope Application of Profits Interest and Similar Awards. | |
| 2024-23 | SSAP No. 86 | Derivative Premium Clarification | Exposed revisions to ensure consistent terminology for derivative financing premiums and to further clarify that derivative premium costs shall not be recognized as a realized gain/loss. | |
| 2024-24 | Medicare Part D 鈥 Prescription Payment Plan | Exposed tentative Interpretation (INT) 24-02 to provide guidance in response to changes for the Medicare Part D program for the prescription payment plan as well as minor edits to INT 05-05: Accounting for Revenues Under Medicare Part D Coverage. | ||
| 2024-25 | SSAP No. 16 | Electronic Data Processing & Software | Exposed revisions to clarify references to the U.S. GAAP Accounting Standards Codification (ASC). | |
| 2024-27 | Preamble | Issue Papers in Statutory Hierarchy | Exposed revisions to classify issue papers in Level 5 of the statutory hierarchy. | |
| 2024-28 | SSAP No. 41 | Holders of Capital Notes | Exposed revisions to clarify capital notes references and guidance. A corresponding blanks proposal for the proposed annual statement听descriptions is also concurrently exposed. | |
| EXPOSURES with PUBLIC COMMENT PERIOD ending MAY 2, 2025 | ||||
| 2023-24 |
Issue Paper |
Current Expected Credit Losses (CECL) | Exposed issue paper听maintains pre-CECL GAAP impairment guidance for the historical record | |
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EXPOSURES DEFERRED for SUBSEQUENT INTERIM or NATIONAL MEETINGS |
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| Appendix A-791 | A-791, Paragraph 2.c. | Proposed revisions were discussed at the SAPWG Dec. 17, 2024, meeting resulting in direction听for the Working Group to schedule a joint meeting with the Life Actuarial (A) Task Force to continue discussions. | ||
| SSAP No. 61 | Risk Transfer Analysis on Combination Reinsurance Contracts | Proposed revisions were discussed at the SAPWG Dec. 17, 2024, meeting resulting in direction听for the Working Group to schedule a joint meeting with the Life Actuarial (A) Task Force to continue discussions. | ||
| 2024-12 | SSAP No. 27 | Updates to SSAP No. 27 | This agenda item was deferred at the 2024 Summer National Meeting to be discussed at a subsequent meeting. | |
| 2024-15 | New SAP | ALM Derivatives | This agenda item and comments were discussed at the SAPWG Dec. 17, 2024, meeting. Due to the complexity of the topic, the Working Group deferred direction. Further discussion is anticipated at听the 2025 Spring National Meeting. | |
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SSAP No. 41 |
Surplus Note Accounting 鈥 Referral from the Reinsurance (E) Task Force |
The Statutory Accounting Principles (E) Working Group deferred discussion of this agenda item for a subsequent call or meeting. |
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SSAP No. 68 |
ASU 2014-17, Business Combinations, Pushdown Accounting |
The Statutory Accounting Principles (E) Working Group deferred discussion of this agenda item for a subsequent call or meeting. |
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SSAP No. 68 SSAP No. 97 |
Attribution of Goodwill | The Statutory Accounting Principles (E) Working Group deferred discussion of this agenda item for a subsequent call or meeting. | ||
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SSAP No. 62 |
Retroactive Reinsurance Exception |
The Statutory Accounting Principles (E) Working Group deferred discussion of this agenda item for a subsequent call or meeting. |
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| 2023-31 | SSAP No. 58 | Updates from Model 630 Mortgage Guaranty Insurance | Exposed intent to review the revisions to the Mortgage Guaranty Insurance Model Act (#630) for incorporation into SSAP No. 58鈥擬ortgage Guaranty Insurance and Appendix A-630 as applicable. The exposure requests input on an effective date. | |
he Task Force is exposing the following proposals for a 75-day public comment period ending Feb. 1, 2025.听Please submit comments to听Eva Yeung.
- 2024-25-CA (Principle-Based Bond Project for P/C and Health)
- 2024-26-CA (Tax Credit for Health and P/C)
The Life Risk-Based Capital (E) Working Group agreed to expose the following item for a 75-day public comment period:
Comments should be sent electronically听to Kazeem Okosun听by COB Monday, Jan. 6, 2025
Deferred Proposal
The Life Risk-Based Capital (E) Working Group agreed to defer the proposal.
The Capital Adequacy (E) Task Force and the Property and Casualty Risk-Based Capital (E) Working Group are exposing the following for a 7-day public comment period ending Nov.13, 2024. Please submit comments to听Eva Yeung.
The following document is exposed for a 30-day comment period ending Nov. 6, 2024. Please submit comments to听Derek Noe.
The Capital Adequacy (E) Task Force and the Property and Casualty Risk-Based Capital (E) Working Group are exposing the following for a 7-day public comment period ending Nov. 13, 2024. Please submit comments to听Eva Yeung.
The following document is exposed for a 30-day comment period ending Nov. 6, 2024. Please submit comments to听Derek Noe.
The following document is being exposed for a public comment period ending Monday, Sept. 17:
Please send comments to Bailey Henning听by听Sept. 17, 2024
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no Exposure Drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
The following document's exposure period is being extended. It is now ending Friday, Nov. 22听Monday, Nov. 4:
Please send comments to听Scott O'Neal听by听Nov. 22听Nov. 4, 2024
The following document is being exposed for a 30-day public comment period ending Thursday, Nov. 14, 2024:
Please send comments to听Scott O'Neal听by听Nov. 14, 2024
Additionally, an excel tool that compares the 12/31/23 AIRG and GOES 2024 FT1 UST SERT Scenarios has been included to aid review of the scenarios.
There are no exposure drafts at this time.
The following document is being exposed for a 90-day public comment period ending听Tuesday, Jan. 21, 2025:
Please send comments to Jane Ren听by听Jan. 21, 2025
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
Section 5 is being exposed as a result of drafting group calls on Sept. 30, Oct. 31, and the regulator-only working group call on Nov. 4. Comments on Section 5 are NOT being requested at this time. Comments will be requested after the next full exposure of the model.
Section 5 Third-Party Service Provider Arrangements
Chair Draft Amendments to Model #672 dated Aug. 5, 2024, exposed for 30-day public comment Aug. 20, 2024, with period ending Sept. 18, 2024:
Chair Draft Amendments to #672 8.5.24.pdf
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