Capital Corner
By Will Melofchik
Welcome to the latest installment of Capital Corner, a column that aims to update you on some of the issues that NCOIL is following. Below are issues that NCOIL will be discussing at the upcoming NCOIL Spring Meeting and throughout 2020.
Work of NAIC Casualty Actuarial and Statistical Task Force Causing Concern
The National Association of Insurance Commissioners (NAIC) Casualty Actuarial and Statistical Task Force (CASTF) has been working on the development of a Regualtory Review of Predictive Models White Paper. The White Paper is focused on “identifying best practices to serve as a guide to state insurance departments in their review of predictive models underlying rating plans.”
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