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The Advisory Organizations Examination Oversight (C) Working Group is appointed by the Property and Casualty Insurance (C) Committee for 2012 to:
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Revise the protocols, as necessary, for the examination of national or multi-state advisory organizations (includes rating organizations and statistical agents) to be more comprehensive, efficient and possibly less frequent than the current system of single-state exams. Solicit input and collaboration from other interested and affected task forces and committees.—Essential
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Monitor data reporting of advisory organizations (includes rating organizations and statistical agents) data-collection processes to determine if advisory organizations (includes rating organizations and statistical agents) implement appropriate measures to ensure data quality. Report the results of this ongoing charge as needed.—Essential
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Actively assist with and coordinate multi-state examinations of advisory organizations (includes rating organizations and statistical agents).—Essential
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