The purpose of the call is to consider adoption of changes to the recommended analyst/examiner salary ranges that are published in NAIC handbooks. 

Meeting Materials

Agenda – October 2, 2025

1. Consider Adoption of 2026 Generally Recognized Expense Tables (GRETs)
   1. GRET Presentation
   2. GRET Recommendation Letter
2. Consider Adoption of APF 2025-05
   1. ACLI Comment Letter
3. Consider Exposure of the Task Force’s 2026 Charges
4. Consider Exposure of APF 2025-13 Non-US Mortality Documentation Requirements
5. Other Matters

FAQ on Health Care Reform

The purpose of this meeting is to review comments received on agenda item 2025-19: Private Securities, which has been exposed with a public comment period ending September 19.

The Working Group plans to meet monthly on the 1st Tuesday of each month to finalize its priorities and charges for 2025.  

The invites for each monthly meeting will be located on the PLUWG webpage and the NAIC Public Calendar. 

Discuss Comments on Draft Safe Harbor Guidance Document

The purpose of this meeting to discuss the SAPWG Agenda Item 2024-06: Risk Transfer Analysis on Combination Reinsurance Contracts. 

The purpose of this meeting is to 1) consider exposure of the referral from the IRE regarding Securities Valuation Office (SVO) Fund Risk Based Capital (RBC) Alignment Project; 2) discuss Cat Modeling Wildfire Review and Impact Analysis; 3) discuss the potential benefits of separating the hurricane and earthquake experiences in the PR100 through PR123; 4) discuss Severe Convective Storm Review and Impact Analysis Action Plan; 5) discuss the possibility of modifying the Rcat Covariance formula; 6) hear presentation from the Academy regarding Underwriting Risk White Paper. 

The purpose of this meeting is to discuss comments received on the longevity C2 factor development from longevity reinsurance exposure. 

The purpose of the call will be to consider exposure and adoption of handbook guidance.  

Consider Adoption of 2026 Charges, Consider Adoption of NAIC Model Review Manual, Receive a Report on NAIC Regulatory Training: The Regulatory Review of GLMs

The Working Group will be potentially finalizing the review of State Licensing Handbook Chapters 6 Prelicensing Education, Chapter 8 Testing Programs and Chapter 14 Continuing Education.  The materials including all 3 chapters and comments received can be found on the Working Group webpage. 

Consider Adoption of its 2026 Charges

Virtual meeting to 1) Consider Adoption of April 23, 2025, Meeting Minutes, 2) Hear an Update on Findings from the 2025 CANNRA External Stakeholder Meeting, 3) Hear a Presentation from Risk Strategies on What They are Observing in the Current Cannabis Insurance Market, and 4) Hear an Update on Cannabis-Related Federal Activities

PURPOSE: To facilitate training and the sharing of expertise through predictive analytics webinars (aka "Book Club").       

TOPIC:  How Actuarial Science Can Benefit from AI...and Vice Versa.

PRESENTERS:  Frank Chang, Ph.D. (Past CAS President and Vice President Uber Technologies, Inc.), James Guszcza, Ph.D. (Stanford University Research Affiliate and co-founder of Clear Risk Analytics), and Max Martinelli (AKUR8-Lead Actuarial Data Scientist)

The purpose of this meeting will be to finalize the vote on State Licensing Handbook - Chapter 18 and to continue the  on-going discussions concerning adjuster licensing best practices. 

Frequently Asked Questions about Health Care Reform

The purpose of this meeting is to discuss the RBC Preamble. This meeting replaces the previously scheduled meeting of the Capital Adequacy (E) Task Force on October 15, 2025. 

Agenda – October 23, 2025

1. Consider Adoption of the Task Force’s 2026 Charges
2. Consider Re-exposure of the AG 55 Templates
   1. American Academy of Actuaries Comment Letter
   2. American Council of Life Insurers Comment Letter
   3. Peter Gould Comment Letter
   4. Revised AG 55 Templates
3. Other Matters

Purpose: 1) Discuss comments received on the data call template and definitions, 2) consider adoption of data call template and definitions, and 3) consider adoption of 2026 Charges.

PURPOSE: Discuss Goals for a Third-Party Regulatory Framework and Plans of Action.

The purpose of the meeting will be to discuss: 1) the corporate model calibration; 2) revisions to the GOES Model Governance Framework; and 3) NAIC scenario review and validation procedures.

Discuss comments received on updates to the Statistical Handbook of Data Available to Regulators

Agenda – October 30, 2025

1. Consider Re-exposure of Revisions to Actuarial Guideline 49-A
   1. Revisions to Actuarial Guideline 49-A
   2. American Academy of Actuaries Comment Letter
   3. ACLI Comment Letter
2. Consider Exposure of APF 2025-15 Credit Ratings Consistency
3. Consider Adoption of APF 2025-13 Non-US Mortality
4. Other Matters

The purpose of this meeting is to discuss the comment letters that were received for the exposures. Additionally, proposals to the changes in C3 Phase I/C3 Phase II will be considered for re-exposure. For scope clarification purposes, proposed changes to the Valuation Manual as well as the Life RBC instructions will also be discussed in the meeting.