During this meeting, the Task Force will:  1) Discuss the review of 2023 Charges; 2) Hear an update on the Antifraud Plan Repository; 3) Updates on the Working Groups; and 4) Hear updates from Antifraud Partners.

Consideration of adoption of Academy and SOA Research Institute GLWPVT Work Group proposed valuation tables to replace the 2005 Group Term Life Waiver Mortality and Recovery Tables in AG 44. 

1. Review “Tier 3” comments in VM-22 draft – Sections 7-11
2. Remaining potential topics to discuss prior to exposure
   1. Longevity Reinsurance
   2. Scope & Definitions
   3. Placement of Current VM-22 Payout Valuation Rate Requirements
   4. Allocation Approach for Non-Life Contingent Annuities

The NAIC’s Capital Markets Bureau will hold its quarterly update via webinar on Thursday, September 8, from 2:00pm-3:00pm EST.

The Capital Markets Bureau is comprised of a team of experienced financial services professionals who provide support to state insurance departments in terms of capital markets research and insurance company investment activities. We will begin the webinar with some comments about recent trends and developments in the financial markets. After that, we will open the call for questions. Questions can either be about the topics discussed or any other topic of interest. The objective is to give you the benefit of insight and experience from experts following the capital markets, especially as they relate to insurance companies and insurance regulation.

This is a staff and regulator only webinar. Registration will be available three weeks prior to the event. 

/education_schedule.htm

To be determined.

Discuss ASOP 36 exposure.

CANCELED - RESCHEDULED FOR 9/15 at 2:30 CT

Requirements and Implementation Plan

The purpose of this meeting is to discuss H2 -Underwriting Risk component.

Continue Discussion of Revisions to Model #171 beginning with Section 8E - Specified Disease Coverage Provision 

Discuss evolving concerns in innovation and technology with industry and regulators.

The purpose of this meeting will be to to consider any comments received on the exposed draft pre-receivership memorandum of understanding (MoU), and to begin drafting revisions to the Property and Casualty Insurance Guaranty Association Model Act (#540).

The purpose of the call will be to conduct the annual Model Audit Rule premium threshold review and to discuss other matters impacting statutory audit requirements.

See meeting agenda and materials.

Discuss LATF charge related to VM-21 SPA and request volunteers for a Drafting Group to address this charge and Consider Exposure of APF 2022-06. 

Market Regulation Certification Requirements and Implementation Plan

The purpose of the call is to discuss comments received on 9/6.

1. Review remaining “Tier 3” comments in VM-22 draft – Sections 10-11
2. Allocation for non-life contingent contracts
3. Fixed Annuity PBR Exemption
4. Placement of current VM-22 payout valuation rate requirements
5. Revisions to VM-22 scope & definitions sections

To be determined.

The purpose of the call is to 1) consider adoption of its summer national meeting minutes; 2) consider adoption of Proposal 2022-08-CR (Independent Model Review Instructions); and 3) discuss convective storm modeling and risk-based capital (RBC) charge development process.

The purpose of the call will be to complete comments and discussion of 5th exposure.

1) Consider adoption of Academy and SOA Research Institute GLWPVT Work Group proposed valuation tables to replace the 2005 Group Term Life Waiver Mortality and Recovery Tables in AG 44, and revisions to the proposed AG 44; 2) Consider adoption of the Task Force’s proposed 2023 charges.

Consumer Engagement Survey and Health Care Reform FAQ

This is a ADJUSTER LICENSING (D) WORKING GROUP conference call.

The Working Group’s focus will be to strengthen the collaboration between state/jurisdiction concerning adjuster licensing and to improve the uniform process. While the focus will be to strengthen collaboration, the Working Group encourages feedback on areas/topics of interest.

This conference call will focus on an open discussion to address these areas/topics of interest. There will be no agenda provided. 

Continue discussions on NAIC publications and statistical data.

WORKSTREAM #5 MEETING

Consumer Engagement and Education 

Continue Discussion of Model #171 Revisions Beginning with Section 8E(4), Specified Disease Coverage Provision

The purpose of this meeting is to discuss the implementation of FMI along with topics related to the new ESG.

During this meeting, the Working Group will:  1) Discuss the CE Instructor Approval Guidelines; 2) Hear an update on the 2019 CER Agreement; 3) Discuss State Testing Pass Rates and 4) Discuss CE Course Word Count/Difficulty Level.