Transparency and Readability of Consumer Information (C) Working Group

2020 Adopted Charges

The Transparency and Readability of Consumer Information (C) Working Group will:

  1. Study and evaluate actions that will improve the capacity of consumers to comparison shop on the basis of differences in coverage provided by different insurance carriers offering personal lines products.
  2. Systematize and improve presale disclosures of coverage.
  3. Facilitate consumers’ capacity to understand the content of insurance policies and assess differences in insurers’ policy forms.
  4. Assist other groups with drafting language included within consumer-facing documents.
  5. Study and discuss whether there is a need for consumer disclosures regarding significant premium increases on property/casualty (P/C) insurance products.
  6. Update and develop webpage and mobile content for A Shopping Tool for Homeowners Insurance and A Shopping Tool for Automobile Insurance.
  7. Discuss and draft a disclosure for state insurance regulators to consider requiring to be added to homeowners’ policies regarding the fact that homeowners policies do not cover losses from flood, earthquake or other specified disasters.
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Please see the current Committee List for a complete list of committee members.


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