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Auto Insurance NAIC

Hogan Lovells

US: NAIC Developing Best Practices for Regulatory Review of Predictive Models and Analytics in Rate Filings

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As computing power grows exponentially, it has opened the actuarial modeling world to new and sophisticated forms of data collection and analysis, resulting in insurance companies seeking increased “predictiveness” of...more

Carlton Fields

NAIC Big Data Working Group Update

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Regulators are hard at work considering insurers’ use of big data and analytics. The Big Data (Ex) Working Group, chaired by Oregon Commissioner Laura Cali Robison, adopted three charges for 2017. Briefly, these charges are...more

Steptoe & Johnson PLLC

West Virginia OIC Releases Summary of 2017 Insurance Legislation

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The West Virginia Office of the Insurance Commissioner has released Informational Letter No.199 summarizing significant insurance legislation enacted during the 2017 Regular Session and First Special Session of the West...more

Mintz

NAIC Insurance Summit 2017: Innovation and Disruption Are Top of Mind for State Regulators

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From May 22-26 Mintz Levin participated in the annual NAIC Insurance Summit in Kansas City. A main theme of this year’s Summit was technology and innovation. The Summit was remarkable in that it served as a meeting grounds...more

Carlton Fields

Telematics and Usage-Based Insurance

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The NAIC’s Center for Insurance Policy and Research (CIPR) released a white paper analyzing the future of "telematics" in premium rate-making by auto insurers. Telematics allow for the measurement of actual driving...more

Carlton Fields

Telematics and Usage-Based Insurance: Benefits, Challenges, and the Future

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The NAIC’s Center for Insurance Policy and Research (CIPR) released a white paper in March 2015 providing an excellent overview of the brave new world of automobile “telematics” data and their use in premium rate-making by...more

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