EXPOSURE DOCUMENT INDEX
The following is a list of documents exposed by various work groups of the NAIC to the public. For additional information regarding these and other documents, their comment periods and pending actions – please visit the appropriate Committees & Activities page.
Pre-Disaster Mitigation Measures
Comments due to Jennifer Gardner by Friday, Aug. 27, 2021.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
At the direction of Long-Term Care Insurance Multistate Rate Review (EX) Subgroup, please find below the second draft of the operational sections to the Long-Term Care Insurance (LTCI) Multistate Rate Review Framework for public comment.
Comments should be sent electronically to NAIC staff, jkoenigsman@naic.org, by close of business Monday, Oct. 11, 2021.
At the direction of the Chair of the Long-Term Care Insurance Multistate Rate Review (EX) Subgroup, please find below the second draft of the actuarial sections to the Long-Term Care Insurance (LTCI) Multistate Rate Review Framework for public comment.
A conference call of the Subgroup will be scheduled soon to explain the revisions to the draft. For your reference, the attached comment summary indicates where revisions were made.
- Comment Summary (Reference Material)
Comments should be sent electronically to NAIC staff, jkoenigsman@naic.org, by close of business, Thursday, Oct. 28, 2021.
LTCI Wellness Programs Issues
Comments due to Eric King by Sept. 5, 2021.
The Special (EX) Committee on Race and Insurance has released the 2021 proposed charges for a 30-day public comment period.
- 2021 Proposed Charges
- America's Health Insurance Plans
- American Academy Actuaries
- American Counsel of Life Insurers
- American InsurTech Counsel
- American Property Casualty Insurance Association
- American Property Casualty Insurance Association (Proposed Charges)
- BlueCross BlueShield Association
- Center for Economic Justice
- Main Street Financial Solutions
- McIntyre & Lemon
- NAIC Consumer Representatives
- National Association of Insurance and Financial Advisors
- National Association of Mutual Insurance Companies
- National Association of Mutual Insurance Companies (Proposed Charges)
- National Association of Professional Insurance Agents
Comments should be sent electronically to NAIC staff Kay Noonan by close of business Friday, May 14, 2021
Draft Revised UTPA Amended Language Addressing Rebating 10/30/20
Comments regarding the revised proposed amendments should be submitted to Denise Matthews by Wed., Nov. 18, 2020.
Draft Revised UTPA Amended Language Addressing Rebating 8/10/20
Comments regarding the revised proposed amendments should be submitted to Denise Matthews by Aug. 28, 2020.
AI Principles as Adopted by AIWG 7/1/20
Comments due to Denise Matthews by July 20, 2020.
Draft UTPA Amended Language Addressing Rebating 6/23/20
Comments regarding the proposed amendments should be submitted to Denise Matthews by July 15, 2020.
ND Draft Anti-Rebating Bulletin 11/25/19
ND Draft Anti-Rebating Bulletin 10/4/19
ND Anti-Rebating Guideline 7/23/19
There are no exposure drafts at this time.
At the direction of Long-Term Care Insurance Multistate Rate Review (EX) Subgroup, please find below the second draft of the operational sections to the Long-Term Care Insurance (LTCI) Multistate Rate Review Framework for public comment.
Comments should be sent electronically to NAIC staff, jkoenigsman@naic.org, by close of business Monday, Oct. 11, 2021.
At the direction of the Chair of the Long-Term Care Insurance Multistate Rate Review (EX) Subgroup, please find below the second draft of the actuarial sections to the Long-Term Care Insurance (LTCI) Multistate Rate Review Framework for public comment.
A conference call of the Subgroup will be scheduled soon to explain the revisions to the draft. For your reference, the attached comment summary indicates where revisions were made.
- Comment Summary (Reference Material)
Comments should be sent electronically to NAIC staff, jkoenigsman@naic.org, by close of business, Thursday, Oct. 28, 2021.
Annuity Suitability (A) Working Group Adopted FAQ Guidance Document Adopted FAQ Guidance Document
LIIIWG Request for Comments by Aug. 11, 2021
- MO 580 current delivery
- MO 580 pre-UW
- Sample policy overview - post-UW
- Sample policy overview - at application
LIIWG Comments received
There are no exposure drafts at this time.
There are no exposure drafts at this time.
Comments are due July 30, 2021
Accelerated Underwriting in Life Insurance Part 1 revised Part 2 7-8-21
Comments are due May 28, 2021
Accelerated Underwriting in Life Insurance Part 1 5-17-21
Comments received
Alternate draft revisions to Model #580 and sample policy overview sent to Life Insurance and Annuities (A) Committee to assist them in providing the Working Group with guidance on next steps:
Revised #580 - current delivery requirements
Sample policy overview - post underwriting
The following documents are being exposed for a 21-Day public comment period ending October 6th, 2021.
Please send comments to Reggie Mazyck by close of business on October 6th, 2021.
The following document is being exposed for a 21-Day public comment period ending September 7th, 2021.
Please send comments to Reggie Mazyck by close of business on September 7th, 2021.
The following document is being exposed for a public comment period ending July 20th, 2021.
Please send comments to Reggie Mazyck by close of business on July 20th, 2021.
The following document is being exposed for a public comment period ending June 30th, 2021.
Please send comments to Reggie Mazyck by close of business on June 30th, 2021.
The following document is being exposed for a 10-Day public comment period ending June 21st, 2021.
Please send comments to Reggie Mazyck by close of business on June 21st, 2021.
The following document is being exposed for a 12-Day public comment period ending June 8th, 2021.
Please send comments to Reggie Mazyck by close of business on June 8th, 2021.
The following document is being exposed for a 21-Day public comment period ending June 16th, 2021.
Please send comments to Reggie Mazyck by close of business on June 16th, 2021.
The following document is being exposed for a 21-Day public comment period ending June 11th, 2021.
Please send comments to Reggie Mazyck by close of business on June 11th, 2021.
EXTENDED: The following document is being exposed for a 21-Day public comment period ending June 4th15th, 2021.
Please send comments to Reggie Mazyck by close of business on June 4th15th, 2021.
The following document is being exposed for a 30-Day public comment period ending June 14th, 2021.
Please send comments to Reggie Mazyck by close of business on June 14th, 2021.
The following document is being exposed for a 30-Day public comment period ending June 7th, 2021.
Please send comments to Reggie Mazyck by close of business on June 7th, 2021.
The following document is being exposed for a 40-Day public comment period ending June 14th, 2021.
Please send comments to Reggie Mazyck by close of business on June 14th, 2021.
The following document is being exposed for a 21-Day public comment period ending May 12th, 2021.
Please send comments to Reggie Mazyck by close of business on May 12th, 2021.
The following document is being exposed for a 30-Day public comment period ending May 21st, 2021.
Please send comments to Reggie Mazyck by close of business on May 21st, 2021.
The following document is being exposed for a public comment period ending May 25th, 2021.
Please send comments to Reggie Mazyck by close of business on May 25th, 2021.
The following document is being exposed for a public comment period ending May 3rd, 2021.
Please send comments to Reggie Mazyck by close of business on May 3rd, 2021.
The following documents are being exposed for a public comment period ending April 28th, 2021.
Please send comments to Reggie Mazyck by close of business on April 28th, 2021.
The following documents are being exposed for a public comment period ending March 26th, 2021.
Please send comments to Reggie Mazyck by close of business on March 26th, 2021.
The following documents are being exposed for a public comment period ending March 22nd, 2021.
Please send comments to Reggie Mazyck by close of business on March 22nd, 2021.
The following documents are being exposed for a public comment period ending March 22nd, 2021.
Please send comments to Reggie Mazyck by close of business on March 22nd, 2021.
The following documents are being exposed for a public comment period ending March 22nd, 2021.
Please send comments to Reggie Mazyck by close of business on March 22nd, 2021.
The following document is being exposed for a 30-day public comment period.
Please send comments to Reggie Mazyck by close of business on Dec. 11, 2020.
Past Exposures:
Amendment Proposal 2019-56 Revisions to VM-51 Data Elements for AUW – Comments due to Reggie Mazyck by October 7, 2019.
APF 2019-56 Revised Data Elements VM51 (Word)
Appendix- VM51 Data Elements markup simple (Word)
Please note that a version of 2019-56 reflecting the potential adoption of edits to amendment 2018-59 will be posted when it becomes available.
There are no exposure drafts at this time.
Comments received on Jan. 28 exposure of revisions to AG49:
Academy Comments
ACLI Comments
Allianz Comments
Global Atlantic AG49 Draft
Global Atlantic Comments
Independent Proposal Comments
IUL Coalition Comments
IUL Coalition AG49 Redline
Securian/Nationwide/Penn Mutual/Prudential/Mutual of Omaha Comments
Vincent Tsang Comments
Please provide comment on the options presented on the January 28, 2020 Subgroup call (and included in the call materials) related to the Supplemental Option Budget. Comments which provide pros and cons of either option, provide an additional option, or include proposed draft revisions to Actuarial Guideline 49 would be appreciated.
Submit comments to Reggie Mazyck by Feb. 14.
The following document is being exposed for a public comment period ending October 19, 2021.
Please submit comments to Reggie Mazyck (RMazyck@naic.org) by close of business Oct.19.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
PBM Model Draft As Adopted by the Health Insurance and Managed Care (B) Committee, June 22, 2021
There are no exposure drafts at this time.
QTL Template.xlsx Pennsylvania Revised Draft QTL Template Draft May 28, 2020
QTL Template Instructions.docx Revised Draft QTL Template Instructions May 28, 2020
MHPAEA assumptions exposure.docx MHPAEA Draft Assumptions March 10, 2020
There are no exposure drafts at this time.
There are no exposure drafts at this time.
PBM Model Draft PBM Model Act As Adopted by the Health Insurance and Managed Care (B) Committee, June 22, 2021
HMO Model Draft Adopted by the Subgroup, July 13, 2020
PBM Model Draft As Adopted by the Health Insurance and Managed Care (B) Committee, June 22, 2021
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
The following document is being exposed for a 30 Day public comment period ending August 6th, 2021.
Please send comments to Bree Wilson by close of business on August 6th, 2021.
There are no exposure drafts at this time.
Updated Draft Title Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
New Draft Title Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
Comments Due Date on the March 23 Title SDRs was: August 23, 2021
- RI 04/01/21 Comments
- NE 04/23/21 Comments
- CEJ 04/23/21 Comments
- ALTA 04/23/21 Comments
- CO 04/29/21 Comments
The posted revisions to the Conducting the Health Examination chapter were adopted by the Working Group on its November 19, 2020 call.
New Draft Long-Term Care Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
The Long-Term Care In Force and Long-Term Care Claims SDRs were adopted by the Working Group on its November 19, 2020 call.
New Inland Marine Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
The Inland Marine In Force and Inland Marine Claims SDRs were adopted by the Working Group on its July 23, 2020 call.
The Limited Long-Term Care Exam Standards, Dec. 11, 2019 draft, were adopted by the Working Group on its July 23, 2020 call.
New Farmowners Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook
The Farmowners In Force SDR and Farmowners Claims SDR were adopted by the Working Group on its Dec. 18, 2019 call, and adopted by the Market Regulation and Consumer Affairs (D) Committee on its July 27, 2020 call.
Cybersecurity (EX) Task Force Referral to Market Conduct Examination Standards (D) Working Group
The following items have been tabled by the Working Group until further notice.
Draft New Health Reform Market Conduct Examination Standards for Nondiscrimination for inclusion in the Market Regulation Handbook
Aug. 10, 2015 Draft
Draft New Health Reform Market Conduct Examination Standards for Nondiscrimination for inclusion in the Market Regulation Handbook
Aug. 3, 2015 Draft
Section D. Standards of Chapter 14-Sampling of the Market Regulation Handbook 9/18/14
There are no exposure drafts at this time.
MCAS Best Practices Guide rev. March 2021 adopted 3/9/2021
Short-Term Limited Duration Data Call (2019)
Attestation Interrogatory Data Element Mockup.pdf
NAIC Market Regulation Handbook Analysis Chapters
Ch. 6 - Basic Analytic Tools.docx as of 2/3/2021
Ch. 7 - Putting It All Together: Market Analysis.docx as of 2/3/2021
Ch. 8 - Enhancing State Market Analysis.docx as of 2/3/2021
Ch. 9 - Appendix A.docx as of 2/18/2021
MCAS Accelerated Underwriting: Proposal (3/18/2021)
MCAS Digital Claims: Proposal (3/18/2021)
- Draft MCAS Data Call HO Digital Claims (Adopted 6/30/2021)
- Draft MCAS Data Call PPA Digital Claims (Adopted 6/30/2021)
MCAS Other Health - Short-Term Limited Duration Insurance
- Draft STLDI MCAS Data Call Definitions 2022 (Adopted 5/26/2021)
MCAS Travel Insurance
- Draft Travel MCAS Data Call Definitions 2022 (Adopted 5/26/2021)
On October 29, 2020 the Antifraud Technology (D) Working Group completed their review and adopted revisions to the NAIC Antifraud Plan Guideline (#1690). The focus was to reorganize the guidelines into a more intuitive order, to eliminate repetitive requirements within the existing guidelines, and add suggestions to better meet existing requirements for nearly all states.
The Antifraud (D) Task Force is soliciting comments on the revisions with a deadline of Thursday, November 12, 2020. Comments/suggestions can be sent to Greg Welker gwelker@naic.org
The track changes draft, and the track changes accepted draft adopted by the Working Group can be found below.
- NAIC Antifraud Guideline Plan - Clean - Adopted by the ATWG 10.29.20
- NAIC Antifraud Guideline Plan - Track Changes - Adopted by the ATWG 10.29.20
The Antifraud (D) Task Force will potentially adopt the revisions to the Antifraud Plan Guideline (#1690) on its November 16, 2020 - Open Webex Meeting.
The Antifraud Technology (D) Working Group has been reviewing the 2011 NAIC Antifraud Plan Guideline for potential revisions. The focus has been to reorganize the guidelines into a more intuitive order, to eliminate repetitive requirements within the existing guidelines, and add suggestions to better meet existing requirements for nearly all states.
In order to finalize the review of the NAIC Antifraud Plan Guideline the Working Group will be holding conference calls through October. The dates for the scheduled conference calls are listed below.
Conference Call Schedule:
- Thursday, September 17th - 9am Alaska/10am Pacific/11am Mountain/12pm Central/1pm Eastern
- Wednesday, October 14th - 9am Alaska/10am Pacific/11am Mountain/12pm Central/1pm Eastern
- Thursday, October 29th - 9am Alaska/10am Pacific/11am Mountain/12pm Central/1pm Eastern
Comments Received by January 5, 2020
- MN DOI - 1.2.20
- Center For Economic Justice - 3.12.20
- Coalition Against Insurance Fraud - 12.26.20
- NAMIC - 1.11.20
- NICB - 12.26.20
Comments Received by September 8, 2020 (Draft 3 8.3.20)
- AIG - 9.5.20
- Center For Economic Justice - 9.8.20
- Coalition Against Insurance Fraud - 9.8.20
- All Comments Compiled - 9.16.20
Guideline Drafts
- NAIC 2011 Antifraud Plan Guideline - Draft 2 W/Track Changes 3.12.20)
- NAIC 2011 Antifraud Plan Guideline - Draft 3 Redline (8.3.20) / NAIC 2011 Antifraud Plan Guideline - Draft 3 - Clean (8.3.20)
- NAIC 2011 Antifraud Plan Guideline - Draft 4 - Redline (10.14.20) / NAIC 2011 Antifraud Plan Guideline - Draft 4 - Clean (10.14.20)
RIRS Coding Change Proposal
RIRS Coding Change Proposal posted 3/25/2021
- CEJ 5/1/2021
- California 6/16/2021
There are no exposure drafts at this time.
Pet Insurance
The Producer Licensing Uniformity (D) Working Group has been given the task of reviewing Pet Insurance to determine whether the current licensing standards should change. The Working Group will be meeting via Webex/conference call throughout 2021 to discuss and determine a recommendation that will be presented to the Producer Licensing (D) Task Force.
Materials:
- Producer Licensing Standard for Pet Insurance (Draft For Discussion Document)
- PLTF Fall National Meeting Minutes
- Regulators Guide to Pet Insurance - White Paper
Webex/Conference Calls:
- Thursday, March 18, 2021 at 10am Alaska/11am Pacific/12pm Mountain/1pm Central/2pm Eastern.
Continuing Education Reciprocity Agreement
In 2019 the Working Group reviewed the Continuing Education Reciprocity (CER) Agreement. The NAIC's General Counsel advised the Working Group that a revision of the agreement would not be feasible due to the date of the CER Agreement and inaccurate/dated information it contains. The decision was to create a new CER Agreement. During the Fall National Meeting the Producer Licensing (D) Task Force adopted the 2019 CER Agreement. The agreement will be presented to the Executive Committee during the Summer National Meeting for final adoption. The adopted draft is attached below.
Testing and Examination Pass Rates
First Working Group Exposure Draft of Privacy Policy Statement_082621.pdf
Comment Schedule for Draft Exposed 082621.pdf
MO670_041520_ExposureDraftTopics_with_042920_CommentsonSec1-9_rev082221.pdf
Privacy Policy Statement Draft3 070121
Initial Privacy Policy Statement_Draft1_042821
MO670_041520_Exposure Draft Topics
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
The Mutual Recognition of Jurisdictions (E) Working Group has exposed the following item for public comment through August 20, 2021. Please submit comments to NAIC staff, Jake Stultz and Dan Schelp.
- Process for Evaluating Jurisdictions that Recognize and Accept the Group Capital Calculation [Word] [PDF]
The proposed GCC procedures documents (procedures, form and instructions) is exposed by the Working Group for a 60-day comment period.
Please direct all comments to Dan Daveline by September 24.
The draft referral to the Capital Adequacy (E) Task Force, is exposed by the Working Group for a 90-day comment period.
Please direct all comments to Dan Daveline by October 25.
The Working Group is exposing the two document below; comments including additional redlines of the word documents should be submitted to Dan Daveline.
- Regulatory Guidance 9/13/21
- Analyst Reference Guide 9/13/21
Two PDF documents accompanying this exposure, the first of which shows the track changes version of the word documents which incorporate most of the suggestions from various commenters. The second is the actual comments received from the original exposure.
Please direct all comments to Dan Daveline by October 29.
Exposure of updated draft of proposed revisions to the Financial Analysis Handbook to incorporate ComFrame elements. Handbook sections have updates tracked with “Post Exposure” as the author to denote changes made from the previous version in response to comments received and outlined in the Comment Matrix below.
Comment Matrix
Combined Comment Letters
Track Changed Word Documents:
VI-A
VI-B
VI-C
VI-D
VI-E
VI-F
VI-I
VI-J
Comments due to Bruce Jenson by Friday, Oct 8.
There are no exposure drafts at this time.
The following document is being exposed for public comment:
Please send comments to Andy Daleo by end of business March 18, 2021
There are no exposure drafts at this time.
There are no exposure drafts at this time.
Proposed Handbook Revisions for Affiliated Service Agreements
Comments due Sept. 29 Oct. 29, 2021 to bjenson@naic.org
There are no exposure drafts at this time.
There are no exposure drafts at this time.
Blanks (E) Working Group
Items Received for Comment
Last Updated July 22, 2021
Please address comment letters to Jacob Garn, Chair of the Blanks (E) Working Group, and direct to NAIC staff, Mary Caswell and Calvin Ferguson.
| Ref. No. | Description | Comment Deadline |
| 2021-11BWG |
Add a new annual statement supplement to the Property and Casualty (P/C) statement to capture exposure data for Annual Statement Lines 2.5, 4, 19.1, 19.2 and 21.2 of the Exhibit of Premiums and Losses. Add a column to the Quarterly Parts 1 and 2 to capture exposure data for these annual statement lines for the quarter. |
10/22/2021 |
| 2021-12BWG | Add and delete lines on the Analysis of Operations by Lines of Business - Accident and Health for Life/Fraternal to capture health-specific data captured on the Heath Analysis of Operations by Lines of Business but not on the Life/Fraternal Analysis of Operations page and add new crosschecks for the new lines. Add new crosschecks to the Analysis of Operations by Lines of Business – Summary to map the lines on the accident and health (A&H) page to the summary. | 10/22/2021 |
| 2021-13BWG | Add a new supplement to capture premium and loss data for Annual Statement Lines 17.1, 17.2 and 17.3 of the Exhibit of Premiums and Losses (State Page) – Other Liability by more granular lines of business. | 10/22/2021 |
| 2021-14BWG | Expand the number of lines of business reported on Schedule H to match the lines of business reported on the Health Statement. Modify the instructions so they will be uniform between life/fraternal and property. | 10/22/2021 |
Exposure Drafts Outstanding
Statutory Accounting Principles (E) Working Group
Last Updated 9/9/2021
Please address comment letters to Dale Bruggeman, Chair of the Statutory Accounting Principles (E) Working Group, and direct to Julie Gann, Robin Marcotte, Jim Pinegar, Fatima Sediqzad and Jake Stultz.
For the status of all SAPWG agenda items, please refer to the Maintenance Agenda.
|
EXPOSURES with COMMENT DEADLINE of OCTOBER 1, 2021 |
|||
|---|---|---|---|
| 2019-24 | Issue Paper No. 16x | SSAP No. 71 – Levelized and Persistency Commission | Exposed Issue Paper No. 16x: Levelized Commission to document the historical discussion and final action adopted through Exec/Plenary. |
| 2021-11 | SSAP No. 43R | SSAP No. 43R – Credit Tenant Loans – Scope | Exposed revisions to, 1) identify the SVO-identified CTLs are in scope of SSAP No. 43R and to delete the examples of "other loan-backed and structured securities" in paragraph 27.b.; 2) intent to nullify INT 20-10; and 3) dispose agenda item 2020-24: Accounting and Reporting of Credit Tenant Loans without statutory revisions. |
| 2021-12EP | Various | Editorial Updates | Exposed editorial revisions to the Preamble, Appendix A-001, Appendix C, Appendix C-2, and SSAP No. 21R |
| 2021-13 | SSAP No. 55 | Salvage – Legal Recoveries | Exposed revisions to clarify that salvage and subrogation legal recoveries should be reported as a reduction of losses and/or loss adjusting expense (LAE reserves), depending on the nature of the costs being recovered and to update the disclosure in paragraph 17.h. |
| 2021-14 | Policy Statement | Policy Statement Terminology Change – Substantive and Nonsubstantive | Exposed revisions to alter the terminology used when discussing types of statutory accounting revisions. |
| INT 21-02T | SSAP No. 6 | INT 21-02T – Hurricane Ida | Interpretation proposes a temporary, optional extension to the "90-day rule" in SSAP No. 6 for policies impacted by Hurricane Ida. The temporary extension is proposed to automatically nullify on Jan. 24, 2022. |
| EXPOSURES with COMMENT DEADLINE of OCTOBER 22, 2021 | |||
| 2021-15 | SSAP No. 43R | SSAP No. 43R – Residual Tranches | Exposed revisions to clarify that non-rated residual tranches shall be reported on Schedule BA – Other Long-Term Investments and valued at the lower of cost or fair value. |
| PRINCIPLES-BASED BOND PROJECT | |||
| Principles-Based Bond Definition | SSAP No. 43R | Principles-Based Bond Project | On Aug. 26, 2021, the Statutory Accounting Principles (E) Working Group directed NAIC staff to utilize the principle-based bond definition to move forward with drafting an issue paper and SAP revisions. These bond definition concepts should not be considered final as further discussion and deliberation will occur throughout the process. Although not formally exposed, comments or questions can continue to be submitted to NAIC staff for consideration by the 43R Study Group during the issue paper development process. |
|
EXPOSURES DEFERRED for SUBSEQUENT INTERIM or NATIONAL MEETINGS |
|||
|
SSAP No. 41R |
Surplus Note Accounting – Referral from the Reinsurance (E) Task Force |
The Statutory Accounting Principles (E) Working Group deferred discussion of this agenda item for a subsequent call or meeting. |
|
|
SSAP No. 68 |
ASU 2014-17, Business Combinations, Pushdown Accounting |
The Statutory Accounting Principles (E) Working Group deferred discussion of this agenda item for a subsequent call or meeting. |
|
|
SSAP No. 68 SSAP No. 97 |
Attribution of Goodwill | The Statutory Accounting Principles (E) Working Group deferred discussion of this agenda item for a subsequent call or meeting. | |
|
SSAP No. 62R |
Retroactive Reinsurance Exception |
The Statutory Accounting Principles (E) Working Group deferred discussion of this agenda item for a subsequent call or meeting. |
|
The Capital Adequacy (E) Task Force is exposing the 2022 proposed charges for a 30-day comment period. Please submit comments to Jane Barr by COB Sept. 17, 2021.
Exposure of 2021-12-L Life Reinsurance
Exposure of 2021-13-L Longevity Factors and Instructions
Comments should be sent electronically to Dave Fleming by COB Thursday, May 27, 2021.
Exposure of American Academy of Actuaries' and American Council of Life Insurers’ Proposed Bond Factors and Instructions
- 2021-10-L RBC Proposal (Academy)
- 2021-11-L Life Bond Factors (ACLI)
- Moody's Analytics' Report on Proposed Bond Factor Revisions
Additional exposure to include explicit tax factors that are a part of the development of both sets of proposed base bond factors above.
Comments should be sent electronically to Dave Fleming by COB Thursday, May 27, 2021.
Exposure of American Council of Life Insurers’ Proposed Factors and Instructions
Additional exposure to include asset concentration factor instructions that were omitted from the original document.
Comments should be sent electronically to Dave Fleming by COB Monday, May 24, 2021.
Exposure of American Academy of Actuaries’ Proposed Bond Factors
Comments should be sent electronically to Dave Fleming by COB Friday, April 9, 2021.
Exposure of Proposed Life Risk-Based Capital Mortgage Reporting Guidance Extension
Comments should be sent electronically to Dave Fleming by COB Monday, February 22, 2021.
Comments should be sent electronically to Dave Fleming by COB Monday, March 8, 2021.
Comments should be sent electronically to Dave Fleming by COB Wednesday, Oct. 7, 2020.
Exposure on Suggested Edits to the RBC Forms & Instructions for C-2b Longevity Risk
Comments should be sent electronically to Dave Fleming by COB Monday, August 10, 2020.
Exposure Drafts Still Open For Consideration with Comment Received:
- American Academy of Actuaries (AAA) proposed instructions for the C-3 Phase I proposal
- Modified C-3 Phase 3 Scope Proposal
- Comment Letters Received:
- AAA Draft C-3 Instructions and Appendices
- Comment Letters Received:
- AAA September 2009 Report on RBC C3 Requirements for Life Products
Please send any comments on the exposure drafts to Dave Fleming.
The Property and Casualty Risk-Based Capital (E) Working Group is exposing the following document for a 30-day comment period. Please submit comments to Eva Yeung by COB July 9, 2021.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
The following document is being exposed for a 30-Day public comment period, ending October 1, 2021:
Please send all comments to Rodney Good by end of business, October 1st.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
In 2021, the Working Group received the 2 referrals linked below. The Working Group formed a drafting group to address the referrals. These referrals will be discussed on the Working Group’s next call (yet to be scheduled).
There are no exposure drafts at this time.
There are no Exposure Drafts at this time.
There are no exposure drafts at this time.
Comments on exposed items should be addressed to John Rehagen (MO), Chair Representative of the Reinsurance (E) Task Force, and sent electronically to NAIC staff, Jake Stultz and Dan Schelp.
The following document has been exposed for a 21-day public comment period ending COB Friday, October 8, 2021.
Comments on exposed items should be addressed to Robert Wake (ME), Chair of the Mutual Recognition of Jurisdictions (E) Working Group, and sent electronically to NAIC staff, Dan Schelp and Jake Stultz.
The following document has been exposed for a 30-day public comment period ending August 20, 2021.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
The following document is being exposed for your information:
There are no exposure drafts at this time.
There are no exposure drafts at this time.
Group Capital Calculation (GCC) and Liquidity Stress Test (LST) (2020 Revisions to Holding Company Models #440 and #450)
The 1-year exposure beginning January 1, 2022: Pending approval by Plenary at the Fall National Meeting.
On Aug. 14, 2021, the Committee voted to recommend exposure of the GCC and LST referral with the following revision:
- GCC: The Commissioner may grant an exemption to qualifying groups meeting the standards set forth in Model #450, Section 21A and 21B, without the requirement to file at least once.
The proposed effective date is January 1, 2026.
- Modified significant elements for GCC and LST
- Original referral from E Committee
- Model #440 and #450 with revisions tracked
Note 1: The F Committee strongly encourages all states with a group impacted by the Covered Agreement to adopt the group capital calculation revisions to Model #440 and Model #450 for those groups effective Nov. 7, 2022. The Committee also strongly encourages states with a group impacted by the liquidity stress test to adopt the relevant revisions to Model #440 as soon as possible.
Note 2: Receivership Revisions – On August 17, 2021, the NAIC Executive and Plenary adopted revisions to the holding company models #440 and #450, which aim to ensure the continuity of essential services and functions to an insurer in receivership by affiliated entities and further clarify ownership of data and records of the insurer. There has not yet been discussion of the accreditation impact. However, states revising their holding company statutes are strongly encouraged to review these changes at the same time. The model attachment contains tracked changes for both #440 and #450 for GCC, LST and receivership revisions, with the receivership revisions highlighted in yellow.
There are no exposure drafts at this time.
There are no exposure drafts at this time.