This study will focus on infrastructure investment as an asset class and the insurance industry's participation in the infrastructure market, including barriers and opportunities. We are initiating the study with a Request for Information (RFI) to gather information and input from market participants on key topics such as the definition of infrastructure, the market size for infrastructure assets, the historical credit performance of infrastructure investments, and the treatment of infrastructure investments by state insurance regulators.

• Infrastructure Investment Study - Request for Information
• Please submit your comments on the first focus topic in the Request for Information (RFI), the “Definition of Infrastructure Investments”, by Sept. 30, 2019. A conference call will be conducted in mid-October to discuss the proposed definition and deadline for the remaining RFI comments. Call details to be posted soon.

More than 325 insurance regulators, consumer representatives, academics and industry stakeholders discussed the use of artificial intelligence in insurance during a CIPR program held in conjunction with the NAIC Summer National Meeting. The program examined how the rise in accessible data, computational resources, and changing consumer expectations has recently led to a strong acceleration of AI development.

• NAIC Press Release
• Program Guide (as of 7/26/2019)
• Presentation #1
• Presentation #2

The NAIC/CIPR Research Library has compiled a summary of recent legislation, reports, and news coverage of surprise billing practices of air ambulance companies and government/regulator efforts to address this issue. The Library’s Regulator Insights series is aimed at assisting regulators in quickly understanding the breadth and depth of recent information produced on a key topic of interest across media and academic sources.

• Regulator Insights: Air Ambulances

The CIPR will host an Innovator/Regulator Workshop during the NAIC Summer National Meeting in NYC on Friday, August 2^nd from 2:30-5:00pm. The Workshop will pair state insurance regulators with innovators/InsurTechs for an informal discussion.

• Sign up!

• Rising Health Care Costs: Drivers, Challenges and Solutions
• CIPR Health Care Cost Drivers Second Installment - August 2019
• CIPR Health Care Cost Brief - August 2019 

• The Impact of Motor Vehicle Simulator Training on Law Enforcement Officer Driving Behavior: Empirical Evidence from Accident Frequency and Severity
• Genetic Testing in Underwriting:  Implications for Life Insurance Markets

More 2019 JIR articles are available here.

CIPR’s Director, Jeff Czajkowski, contributed to a new report from the National Academies of Sciences, Engineering, and Medicine titled, Framing the Challenge of Urban Flooding in the United States. According to the report, urban flooding is a complex and distinct kind of flooding, compounded by land use and high population density, that requires a different approach to assess and manage.

During the NAIC Insurance Summit, the CIPR conducted 12 innovation-focused sessions, the 3^rd annual InsurTech pitch competition and a keynote panel on disaster resiliency.

• Innovation Track Agenda