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Working Groups Regulatory Requirements

Carlton Fields

NAIC Big Data Working Group Continues Building a Regulatory Structure

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During the NAIC Spring National Meeting, the Big Data and Artificial Intelligence (H) Working Group reviewed its blueprint to build an overarching regulatory edifice to oversee insurers’ use of artificial intelligence...more

Pullman & Comley, LLC

CT DEEP Releases Draft Release-based Cleanup Regulations to Working Group for Review, Comments Due February 6, 2024

Pullman & Comley, LLC on

The Connecticut General Assembly passed Public Act 20-09 in the fall of 2020 with the promise that the Connecticut Transfer Act would be abolished in favor of a released-based, rather than a transaction-based, remediation...more

Williams Mullen

Virginia SCC Issues Order Establishing Working Groups and Rulemaking to Address DER Interconnection Issues

Williams Mullen on

On March 3, 2023, the Virginia State Corporation Commission (the “SCC”) issued an Order (the “March 3 Order”) to (i) establish two working groups to consider distributed energy resources (DER) interconnection issues, (ii)...more

Goulston & Storrs PC

Boston Requires Carbon Neutrality for Existing Buildings

Goulston & Storrs PC on

Furthering the aims of Boston’s 2019 Climate Action Plan, which identified large buildings as major carbon emitters, Boston City Council amended the Building Energy Reporting and Disclosure Ordinance (BERDO) to require all...more

Carlton Fields

Annuity Suitability Working Group Tries to Get Out of the Parking Lot

Carlton Fields on

The NAIC Annuity Suitability Working Group (Suitability WG) spent the summer at the July 23, July 29, and August 3 Suitability WG meetings trying to get out of the parking lot and discussed several issues to frame up the...more

Carlton Fields

Changes to the Index Product Illustration Requirements Are No Child’s Play

Carlton Fields on

The NAIC’s Annuity Disclosure Working Group and IUL Illustration Subgroup continue to chalk out changes to the Annuity Disclosure Model Regulation (Model) and Actuarial Guideline 49 (AG 49) to address index product...more

Hogan Lovells

UN treaty on business and human rights: Working Group publishes draft instrument

Hogan Lovells on

On 19 July, the UN working group tasked with elaborating an international, legally binding instrument on business and human rights published the text of a draft treaty....more

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