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.
Proposed Innovation, Cybersecurity and Technology (H) Committee
Final H Committee 2022 Proposed Draft Charges - Clean Version 12/1/21
Final H Committee 2022 Proposed Draft Charges - Redline Version 12/1/21
Comments to the Draft Charges 11/18/21 Revised
Draft Charges 11/2/21
____________________________________________________________________________________________________________
There are no exposure drafts at this time.
Workstream One agreed to expose its proposed recommendations on diversity and inclusion for a 30-day public comment period ending on October 13, 2022.
Proposed Recommendations - Workstream One - Exposed 9/13/22.
There are no exposure drafts at this time.
Enhanced Cash Surrender Value Offer Survey
Annuity Suitability (A) Working Group Adopted FAQ Guidance Document Adopted FAQ Guidance Document
The following document is being exposed for a public comment period ending Sept. 16, 2022.
Please send comments to Jim Stinson by close of business on Sept. 16, 2022.
This document can also be found on the ILVA Subgroup Webpage.
The following document is being exposed for a public comment period ending August 23rd, 2022.
Please send comments to Reggie Mazyck by close of business on August 23rd, 2022.
Comments on Draft AG ILVA
- ACLI and CAI Comment Letter
- ACLI and CAI Redline
- IRI Comment Letter
- Academy Comment Letter
- Academy Redline
EXTENDED: The following document is being exposed for a 14-Day 28-Day public comment period ending June 20th July 5th, 2022.
Please send comments to Reggie Mazyck by close of business on June 20th July 5th, 2022.
The following document is being exposed for a 30-Day public comment period ending May 2nd, 2022.
- Proposed Actuarial Guideline 2
Comment Letters: - ACLI Comments Combined
- CompEdge Financial Comments
- Academy ILVA Comments
- IRI Comments
Please send comments to Reggie Mazyck by close of business on May 2nd, 2022, 2022.
The following document is being exposed for a 60-Day public comment period ending January 27th, 2022.
Please send comments to Reggie Mazyck by close of business on January 27th, 2022.
Comments Received on the ILVA SG Exposure
The following items are being exposed for a public comment period ending November 30th, 2022.
Please send comments to Scott O'Neal by close of business November 30th.
The following items are being exposed for a 14-day public comment period ending November 30th, 2022.
- Staff Memo to LATF on Negative IMR
- NAIC Memo to LATF (LIBOR)
- American Academy of Actuaries Comment Letter
- Draft Actuarial Guideline ILVA (Revised 11_17_22)
Please send comments to Scott O'Neal by close of business November 30th.
The following item is being exposed for a 21-day public comment period ending December 7th, 2022.
Please send comments to Scott O'Neal by close of business December 7th.
The following items are being exposed for a 21-day public comment period ending November 2nd, 2022.
Please send comments to Scott O'Neal by close of business November 2.
The following documents are being exposed for a 21-Day public comment period ending October 5th, 2022
Please send comments to Scott O'Neal by close of business on October 5th, 2022.
The following documents are being exposed for a 21-Day public comment period ending September 28th, 2022
Please send comments to Scott O'Neal by close of business on September 28th, 2022.
The following documents are being exposed for a public comment period ending September 21st, 2022
- Historical Mortality Improvement (HMI) and Future Mortality Improvement (FMI) Rates
- ULSG and Term Model Office Reserve Impact 9-14-22
- SOA/AAA 2022 HMI and FMI Recommendations Presentation
Please send comments to Scott O'Neal by close of business on September 21st, 2022.
The following document is being exposed for a public comment period ending September 6th, 2022.
Please send comments to Scott O'Neal by close of business on September 6th, 2022.
The following document is being exposed for a public comment period ending September 6th, 2022.
Please send comments to Scott O'Neal by close of business on September 6th, 2022.
The following document is being exposed for a 21-day public comment period ending August 29th, 2022.
Please send comments to Reggie Mazyck by close of business on August 29th, 2022.
The following document is being exposed for a public comment period ending August 19th, 2022.
Please send comments to Reggie Mazyck by close of business on August 19th, 2022.
There are no exposure drafts at this time.
The following document is being exposed by the Subgroup. Please send comments to Jennifer Frasier by close of business on Nov. 3, 2022
Please provide comments, including pros and cons, on the following:
- Proposal contained in the Sept. 6 comment letter from Securian Financial
- Proposal contained in the Sept. 6 comment letter from the Group of 6 companies (Allianz, et al.)
- Proposal letter from the Coalition of Concerned Insurance Professionals, clarifying the Samuelson-Moore comment letter submitted around Sept. 6
- Discussion topic proposed during the October 12 Subgroup Call
Comment Letters:
- Academy IWG comment letter
- Securian Penn
- Group of 7 companies (Allianz, et al.)
- Coalition Comments
- ACLI comment letter
The following document is being exposed by the Subgroup. Please send comments to Jennifer Frasier by close of business on Nov. 22, 2022
Comment Letters:
- ACLI
- Academy Life Illustrations Work Group
- Group of 7 Companies (Allianz Life; John Hancock; Lincoln National; National Life Group; Nationwide; Pacific Life; Sammons Financial Companies)
- Transamerica
- Coalition
The following documents are being exposed for a 90-Day public comment period ending January 2nd, 2023 (Commenters are encouraged to provide mark-ups directly in the clean version of the word document):
Please send comments to Scott O'Neal by close of business on January 2nd, 2023.
EXTENDED: The following document is being exposed for a 60-Day public comment period ending August 26th, 2022 August 12, 2022.
(This exposure propose specific treatment in the VM-22 Framework for addressing for Longevity Reinsurance. The exposure is intended to improve the Framework, and should not be viewed as a replacement.)
Please submit comments to Reggie Mazyck by close of business Aug 26th, Aug 12, 2022.
Comments on the VM-22 Framework Exposure:
- Consolidated Proposed Edits
- Bill Wilton
- Erie Family Life
- NY Department of Financial Services
- ACLI comments
- Texas Department of Insurance comments
- Equitable
- California Department of Insurance
There are no exposure drafts at this time.
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.
Comments are requested by close of business April 21, 2022
ERISA Handbook case summary - Rutledge
Comments received
HMO Model Draft Adopted by the Subgroup, July 13, 2020
There are no exposure drafts at this time.
There are no exposure drafts at this time.
The proposal to eliminate the NAIC Expense Constant Forms (for workers’ compensation and other than workers’ compensation) is exposed for a 45-day public comment period ending Dec. 22. The Task Force is seeking any current use(s) that should be considered when deciding whether to eliminate the form or keep and update the form.
Loss cost multiplier (LCM) forms and Expense Constant forms
Send comments to Kris DeFrain by Dec. 22, 2022.
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 Working Group is focusing on their second charge to: Review existing NAIC Models and Guidelines that address the use of lead generators for sales of health insurance products, and identify models and guidelines that need to be updated or developed to address current marketplace activities.
On August 31, 2022, the Working Group exposed suggested amendments on the Unfair Trade Practices Act (Model 880) for comment. The Working Group met by conference call on November 3, 2022, to discuss comments received and the draft amendments have been revised. Please review the updated draft and submit comments to Gwelker@naic.org by Friday, November 18, 2022.
Draft #2:
Model 880 - Amendments Draft #2 11.3.22
Comments:
Draft # 1:
Model 880 - Amendments Draft #1 8.31.22
Comments: (Model 880)
- OK DOI Comments
- RI DOI Comments
- ACLI Comments
- AHIP Comment
- AHIP Updated Comments (11.2.22)
- Health Benefits Institute Comments
- NAIC Consumer Representatives Comments
- NAHU Comments
Comments: (Model 218)
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New Draft Travel Insurance-Related Standardized Data Requests
- Travel In Force SDR, August 17, 2022 Draft
- Travel Claims SDR, August 17, 2022 Draft
The comments due date on both of the Travel Insurance Standardized Data Requests is extended to December 30, 2022.
Draft Chapter 23-Conduct the Life and Annuity Examination August 22, 2022 Draft (The Aug. 22, 2022 draft contained updates highlighted in yellow, which took into consideration comments received on the April 19, 2022 draft; the Aug. 22 draft was discussed at the Sept. 8 and Oct. 20, 2022 meetings.)
The comments due date on the August 22, 2022 Chapter 23 exposure draft is extended to December 30, 2022.
New Draft Chapter 23-Conducting the Life and Annuity Examination April 19, 2022 Draft (Updated to correspond to revisions adopted by the NAIC in February 2020 to the Suitability in Annuity Transactions Model Regulation (#275))
NOTE: The Chapter 24B-Conducting the MHPAEA-Related Examination adopted by this Working Group on July 14, 2022 and by the Market Regulation and Consumer Affairs (D) Committee on August 12, 2022 at the Summer 2022 Hybrid National Meeting is provided at this link Chapter 24B-Conducting the MHPAEA-Related Examination Adopted 8-12-2022. Regulators, this document is also provided on the Market Regulation Handbook Web Page on StateNet.
Revised Draft Chapter 24B-Conducting the MHPAEA-Related Examination July 11, 2022 Draft (This draft will be discussed at the July 14, 2022 Webex. Changes were made to Standard 5 on pages 14-15 and Standard 6 on pages 17-18; they are shown in yellow highlight. These revisions were made to the July 6, 2022 Chapter 24B Draft).
New Draft Chapter 24B-Conducting the MHPAEA-Related Examination July 6, 2022 Draft (Updated with regard to the Working Group's June 9th discussion on comments received on the April 19, 2022 Chapter 24B Draft)
New Draft Chapter 24B-Conducting the MHPAEA-Related Examination April 19, 2022 Draft (Updated to correspond with updated federal guidance on Mental Health and Substance Use Disorder Parity Compliance)
- WI 05-25-22 Comments
- MO 05-27-22 Comments
- VA 05-27-22 Comments
- AHIP 05-27-22 Comments
- ABHW 05-27-22 Comments
- BCBSA 05-27-22 Comments
New Draft Chapter 1-Introduction July 6, 2022 Draft (Revisions relate to the Working Group's discussion re: the Oct. 27, 2021 Chapter 20 draft in its previous meetings on Nov. 4, 2021, March 10, 2022, April 21, 2022 and June 9, 2022)
The posted revisions to the July 6, 2022 draft Chapter 1-Introduction were adopted by the Working Group on its July 14, 2022 call.
New Draft Chapter 20-General Examination Standards July 6, 2022 Draft (Revisions relate to the Working Group's discussion re: the Oct. 27, 2021 Chapter 20 draft in its previous meetings on Nov. 4, 2021, March 10, 2022, April 21, 2022 and June 9, 2022)
The posted revisions to the July 6, 2022 draft Chapter 20-General Examination Standards were adopted by the Working Group on its July 14, 2022 call.
New Draft Chapter 20-General Examination Standards, Oct. 27, 2021 Draft (Revisions Relating to the Insurance Holding Company System Regulatory Model Act (#440)
Please note: The comments due date of May 20, 2022 was extended to May 27, 2022 on the Oct. 27, 2021 draft Chapter 20.
- ACLI 05-18-22 Comments
- NV 04-14-22 Comments
- AHIP/BCBSA 04-15-22 Comments
- AHIP/BCBSA 04-15-22 FAH Market Conduct Communications 04-15-22 Excerpt
- State Farm Nov. 24, 2021 Comments
- ACLI Dec. 17, 2021 Comments
New Draft Chapter 21-Conducting the Property and Casualty Examination, April 19, 2022 Draft Revisions to the 4-19-22 draft are shown in yellow highlight (Revisions Relating to the Real Property Lender-Placed Insurance Model Act (#631)
The posted revisions to the April 19, 2022 Conducting the Property and Casualty Examination chapter were adopted by the Working Group on its April 21, 2022 call.
New Draft Chapter 21-Conducting the Property and Casualty Examination, Oct. 27, 2021 Draft (Revisions Relating to the Real Property Lender-Placed Insurance Model Act (#631).
- Industry Trade Associations Nov. 11, 2021 Comments Received by the NAIC on Nov. 23, 2021
- Examination Resources Dec. 17, 2021 Comments
New Draft Chapter 24-Conducting the Health Examination, Sept. 30, 2021 Draft (Revisions Relating to the Health Maintenance Organization Model Act (#430)
The draft Chapter 24 was adopted by the Working Group on its November 4, 2021 conference call,
New Draft Chapter 25-Conducting the Medicare Supplement Examination, Sept. 27, 2021 Draft (Revisions Relating to the Model Regulation to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act (#651)
The draft Chapter 25 was adopted by the Working Group on its November 4, 2021 conference call, the chapter underwent an additional revision as part of that adoption.
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
- 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 Title SDRs were adopted by the Working Group on its September 2, 2021 conference call, the Title Claims SDR underwent an additional revision as part of that adoption.
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 - STLD and Travel Scorecard Ratios
STLD and Travel Scorecard Ratios Draft 2/4/2022
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 Data Element Additions
Health MCAS Due Date
MCAS Other Health
- Draft MCAS Other Health Data Call and Definitions v. 2022.0.3.pdf
- Draft MCAS Other Health Data Call and Definitions v. 2022.0.1.pdf
MCAS Accelerated Underwriting: Proposal (3/18/2021)
- Draft MCAS Data Call Life and Annuity 2023-Accelerated Underwriting (5/20/2022)
- Draft MCAS Data Call Life and Annuity 2022-Accelerated Underwriting (5/25/2021)
NAIC Antifraud Guideline Plan - Clean - Adopted by the AFTF 11.16.20
NAIC Antifraud Guideline Plan - Track Changes - Adopted by the AFTF 11.16.20
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Antifraud Plan Repository Workflow
The Antifraud Technology (D) Working Group has been working on their first charge which is to: Review and provide recommendations for the development of an Antifraud Plan Repository to be used by insurers to create and store an electronic fraud plan for distribution among the states/jurisdictions. The intent of the repository is to provide a centralized location so that insurers may utilize a uniform template for submission of antifraud plans, which would satisfy multiple states’ requirements.
The Working Group adopted the draft on May 19, 2022 and it was presented to the Antifraud (D) Task Force for review. The Task Force will hold a meeting on June 30, 2022 to review any comments received and potentially adopt the draft.
Deadline for comments will be accepted on the Antifraud Plan Repository Workflow until Tuesday, June 28, 2022.
Antifraud Plan Repository Workflow
Antifraud Plan Repository Workflow
The Antifraud Technology (D) Working Group has been working on their first charge which is to: Review and provide recommendations for the development of an Antifraud Plan Repository to be used by insurers to create and store an electronic fraud plan for distribution among the states/jurisdictions. To assist with this process the Working Group created a subject matter expert (SME) group to finalize the Antifraud Plan Repository Workflow document. The SME Group exposed the draft to the Antifraud Technology (D) Working Group on May 6, 2022.
The Working Group adopted the draft on May 19, 2022 and it was presented to the Antifraud (D) Task Force. The Task Force will hold a meeting on June 30, 2022 to review any comments received and potentially adopt the draft.
Antifraud Plan Repository Workflow
Artificial Intelligence (AI) in MIS Recommendations
MIS R&D WG Statement on AI posted 10/20/2021
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.
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
Comments Received:
Webex/Conference Calls:
- Wednesday, November 3, 2021 at 10:30am Alaska/11:30am Pacific/12:30pm Mountain/1:30pm Central/2:30pm Eastern.
- Webex link:
https://naic.webex.com/naic/j.php?MTID=mcae5f9e2e19ab7ff11741e610441c470
- Agenda
- Minutes 10.6.21
- Webex link:
CE Instructor Approval Guidelines
As part of the Working Group's first charge to: Update, as needed, the reciprocity guidelines, the uniform application forms for continuing education (CE) providers, and the process for state review and approval of instructors and courses. The Working Group exposed the CE Instructor Approval Guidelines - Draft created by the Working Group's Subject matter Experts (SME).
The draft and comments received can be found below. The Working Group is scheduled to meet on Tuesday, November 8, 2022 (2PM CST) to discuss the comments and finalize the review of the draft.
Guideline Draft:
- NAIC CE Instructor Approval Guidelines Draft 8.25.22 (PDF)
- NAIC CE Instructor Approval Guidelines Draft 8.25.22 (WORD)
Comments Received:
- Rhode Island Comments (WORD)
- Rhode Island Comments (PDF)
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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.
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Testing and Examination Pass Rates
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.
There are no exposure drafts at this time.
The following document is being exposed for a public comment period ending December 2nd, 2022.
Please send comments to Todd Sells by close of business on December 2nd, 2022.
The following documents are being exposed for a public comment period ending July 8th, 2022.
- NAIC Financial Condition Examiners Handbook – Proposed ComFrame Revisions
- NAIC ORSA Guidance Manual – Proposed ComFrame Revisions
- NAIC Financial Analysis Handbook – Proposed ComFrame Revisions (re-exposure)
Please send comments to Bruce Jenson by close of business on July 8th, 2022.
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 Working Group is exposing the below proposal. The Working Group met Nov. 9th and made modifications to Proposal 2022-03 (Domestic Corporate Amendments Application Forms and Instructions) and the changes are highlighted. Please submit comments to Jane Barr no later than Monday, December 12, 2022.
There are no exposure drafts at this time.
The public comment period for the following two exposure drafts by the Restructuring Mechanisms (E) Subgroup ended June 20, 2022. Included here are the combined comment letters received.
There are no Exposure Drafts at this time.
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 November 17, 2022
Please address comment letters to Pat Gosselin, Chair of the Blanks (E) Working Group, and direct to NAIC staff, Mary Caswell and Jill Youtsey.
| Ref. No. | Description | Comment Deadline |
| 2022-14BWG | Modify Exhibit 1, Parts 1 and 2, and Exhibit 8, Parts 1 and 2, to include the line of business detail reported on the Analysis of Operations by Lines of Business pages. | 02/01/2023 |
| 2022-15BWG | In the life/fraternal and P&C blanks, revise the language of the Schedule H, Part 5 to remove the 5% of premiums filing exemption. | 02/01/2023 |
| 2022-16BWG | Remove Supplemental Health Care Exhibit Part 3 and Supplemental Health Care Exhibit’s Expense Allocation Report | 02/01/2023 |
| 2022-17BWG | Add new disclosure paragraph for Note 8 and illustration to new disclosure to be data captured. Add electronic-only columns related to derivatives with excluded components to Schedule DB, Part A and Part B for both Section 1 and Section 2. Add new code column instructions for Schedule DB, Parts A and B (SAPWG 2021-20). | 02/01/2023 |
| 2022-18BWG | For the life, accident and health/fraternal blank, instructional corrections on the handling of Exchange Traded Funds and/or SVO Identified Funds within the Interest Maintenance Reserve (IMR) and the Asset Valuation Reserve (AVR). | 02/01/2023 |
| 2022-20BWG | Modify the instructions and blanks for various health exhibits to change the order of the Vision and Dental lines of business to be consistent with all other statement types. | 02/01/2023 |
Exposure Drafts Outstanding
Statutory Accounting Principles (E) Working Group
Last Updated 11/16/2022
Please address comment letters to Dale Bruggeman, Chair of the Statutory Accounting Principles (E) Working Group, and direct to Julie Gann, Robin Marcotte, Jake Stultz, Jason Farr and William Oden.
For the status of all SAPWG agenda items, please refer to the Maintenance Agenda.
|
EXPOSURES with COMMENT DEADLINE of DECEMBER 1, 2022 |
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|---|---|---|---|
| INT 22-02 |
SSAP No. 9 SSAP No. 101 |
Third Quarter 2022 through First Quarter 2023 Reporting of the Inflation Reduction Act – Corporate Alternative Minimum Tax | This INT does not require financial reporting changes for third quarter 2022 nor for first quarter 2023 because a reasonable estimate of the CAMT cannot be made. It requires disclosures and allows a subsequent event exception. |
| ACLI Comment Letter | SSAP No. 7 | Comment Letter | Requests regulator action on negative interest maintenance reserve (IMR) reporting. This item is planned for Fall National Meeting discussion. |
| EXPOSURES with COMMENT DEADLINE of FEBRUARY 10, 2023 | |||
|
SSAP No. 26R SSAP No. 43R |
Principles-Based Bond Definition |
Exposure includes proposed revisions to reflect the bond definition in SSAP No. 26R—Bonds and SSAP No. 43R—Asset Backed Securities. Exposure also includes corresponding revisions to other SSAPs, which includes guidance restricting ABS from SSAP No. 2R and guidance for debt instruments that do not qualify as bonds in SSAP No. 21R. | |
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EXPOSURES DEFERRED for SUBSEQUENT INTERIM or NATIONAL MEETINGS |
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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. |
|
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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. |
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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. |
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There are no exposure drafts at this time.
The below proposal is being exposed for a 30-day comment period. Please submit comments to Crystal Brown by COB December 7, 2022.
Exposure of the American Academy of Actuaries' (Academy) C2 Work Group Proposed Instruction Supplement for Applying the Newly Adopted Life Insurance C-2 Mortality Factors
Comments should be sent electronically to Dave Fleming by COB Friday, November 11, 2022
Exposure of the Affiliated Investments Instructions and Structure
Comments should be sent electronically to Dave Fleming by COB Wednesday, July 20, 2022.
Re-Exposure of the American Academy of Actuaries’ (Academy) C2 Mortality Risk Work Group Proposed Instructions
- LR025 Instructions – Option 2 – Revised June 2022
- LR025 Instructions – Option 2 – Revised June 2022 (Alternative)
- Academy C2 Mortality Risk Work Group Report to LRBC April 2022
Comments should be sent electronically to Dave Fleming by COB Wednesday, June 15, 2022.
Exposure of the following documents.
- C-2 mortality risk LR025 instructions for the adopted 2022 yearend structural changes
- Residual tranches and interests LR008 instructional change
Comments should be sent electronically to Dave Fleming by COB Wednesday, May 25, 2022.
Exposure of the Proposed Asset Valuation Reserve Factor Changes
Comments should be sent electronically to Dave Fleming by COB Friday, March 25, 2022.
Exposure of the C-2 Mortality Proposal
Comments should be sent electronically to Dave Fleming by COB Monday, March 7, 2022.
Exposure of the American Academy of Actuaries’ C-2 Mortality Work Group Recommendation on C-2 Mortality Factor Updates
- Academy C-2 Mortality Risk Work Group Report to LRBC - November 2021
- NAIC Life RBC C-2 Recommendation - November 2021
Comments should be sent electronically to Dave Fleming by COB Monday, January 10, 2022.
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.
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 attached proposal is being exposed for a 7-day comment period. Please submit comments to Eva Yeung by COB November 8, 2022.
The attached proposal is being exposed for a 7-day comment period. Please submit comments to Eva Yeung by COB November 8, 2022.
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.
There are no exposure documents at this time.
There are no exposure drafts at this time.
The following document is being exposed for a public comment period ending November 10th, 2022
Please send comments to Jane Koenigsman by close of business on November 10th, 2022.
There are no Exposure Drafts at this time.
The following document is being exposed for a public comment period ending October 14, 2022.
Please send comments to Jane Koenigsman by close of business October 14, 2022.
At the May 19 regulator-only meeting of the Mutual Recognition of Jurisdictions (E) Working Group, the Working Group directed NAIC staff to expose the draft NAIC List of Jurisdictions that Recognize and Accept the Group Capital Calculation, for a 30-day public comment period, ending on Monday, June 20, 2022.
With this exposure, the Working Group is asking for comments on the form and content of the list as it is drafted and comments on if there are any listed jurisdictions that require a group capital filing for any U.S. based insurance group’s operations in that jurisdiction.
There are no exposure drafts at this time.
The following item is exposed for a 30-day public comment period ending Friday, November 4, please submit comments electronically to Becky Meyer.
Group Capital Calculation (GCC) Accreditation Standard Referral to F Committee
Financial Analysis Handbook – Special Considerations for RRGs when Exempting Groups from the GCC
The following documents are being exposed for a 45-day comment period:
Comments should be sent electronically to Charles Therriault and Denise Genao-Rosado by Monday, December 5, 2022.
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: Comment letters should be sent to Becky Meyer (bmeyer@naic.org) via email by December 31, 2022.
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.
There are no exposure drafts at this time.
There are no exposure drafts at this time.
The Working Group is exposing the following summary document until August 16.
This document is intended as a resource for regulators that summarizes existing regulator tools that are relevant to cybersecurity discussions. If adopted, it may be posted on the group’s website and distributed to future members/interested regulators of the working group as they follow the working group in future years.
Please submit comments to Miguel Romero by COB August 16, 2022.
There are no exposure drafts at this time.
May 17, 2022 (public comments due to Lois Alexander June 3, 2022):
Sections 1-3 Exposure Draft 5-13-22.pdf
May 11, 2022 (public comments due to Lois Alexander June 8, 2022):
Data Ownership and Use Rights Survey Exposure Draft.pdf
March 23, 2022: