ARTICLE · 08 JANUARY 2018

The NAIC Says Aloha

Carlton Fields

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The National Association of Insurance Commissioners held its Fall National Meeting December 2-4 in Hawaii, saying aloha to 2017 and aloha to 2018. Key takeaways include:

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Ann Young Black

The National Association of Insurance Commissioners held its Fall National Meeting December 2-4 in Hawaii, saying aloha to 2017 and aloha to 2018. Key takeaways include:

Welcoming a discussion of regulatory sandboxes at the Innovation and Technology (EX) Task Force meeting. This included a warm reception for the American Insurance Association's draft legislation for more regulatory flexibility in working with startups and incumbent insurers seeking to bring innovative products and services to market.
Inviting the Casualty Actuarial and Statistical (C) Task Force to appoint a Predictive Analytics (C) Working Group to address the use of predictive analytics and models by insurers.

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