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The Advisory Organizations Examination Protocol (C) Working Group is charged by the Property and Casualty Insurance (C) Committee to:
- Develop protocol for examination of national or multi-state rating organizations to be more comprehensive, efficient, and possibly less frequent than the current patchwork of single state exams. Solicit input and collaboration from other interested and affected task forces and committees. Among important issues to resolve are:
- Initiation of exam and participation by one or more interested states;
- Collaboration of participating states on the scope of exam;
- Maintaining confidentiality of exam information by states and contractors, if any;
- Access to data from, or relating to, non-participating states;
- Process for curtailing use of data for which access is denied or not readily available;
- Sharing sensitive state-specific information with non-participating states; and
- Allocation of examination costs.
- Monitor data reporting of rating or advisory organization data collection processes to determine if rating or advisory organizations implement appropriate measures to assure data quality. Report the results of this ongoing charge as needed.
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