The fall StateScan Quarterly highlights state legislation in the past quarter related to auto insurance, extreme events, Medicaid, long-term care, and public pension plans. For a more comprehensive review, log in to StateScan, the legislative and regulatory portal free for Academy members.
Quarterly ACI data released today show extreme weather events continue to increase across Canada and the United States, with the index value reaching a new high in winter 2016-17. Read the news release.
The Committee on Property and Liability Financial Reporting submitted a comment letter to the NAIC’s Statutory Accounting Working Group, expressing concerns over a proposed new definition of reinsurance risk transfer in SSAP No. 62R: Property and Casualty Reinsurance. The letter says that the proposal needs further study and evaluation.