Statistical (C) Subgroup
Statistical (C) Subgroup
Joint Executive (EX) / Plenary Committee Summary Report
Fall 2009 Meeting Summaries Index

The Statistical (C) Subgroup met via conference call Sept. 15, Aug. 17, July 21 and June 25.

During its Sept. 15, Aug. 17 and July 21 conference calls, the Subgroup reviewed the draft Guideline for Implementation of Medical Professional Liability Closed Claim Reporting, which supplements the model law. The Subgroup focused on Part A of the guideline and exposed for comment an Aug. 10 draft of Part A. The Subgroup continues to discuss Parts B through E of the Dec. 3, 2008, draft of the guideline. The drafts are available on the NAIC Web site. During the Aug. 17 conference call, Texas provided the Subgroup with their experiences in collecting and utilizing jury verdict data for medical professional liability. The Subgroup also discussed the possibility of a uniform system for reporting medical professional liability closed claim data. The creation of a central data collection system by the NAIC would help make the reporting easier for all entities.

During its June 25 conference call, the Subgroup met in regulator-to-regulator session because of the possibility that company-specific information would be discussed during the Subgroup’s review and consideration of creating a Personal Lines Competition Database Report, similar to the Commercial Lines Competition Database Report . However, because some annual statement lines of business include personal and commercial data in the same line, the Subgroup decided to produce one Competition Database Report that will include both personal and commercial lines of business. The data for both market segments will be similar, with “not applicable” shown in the risk-retention columns for pers onal lines. This new report cannot be produced until the Report on Profitability by Line by State in 2008 is produced, as some of the data comes from that report.

A conference call of the Subgroup is scheduled for Oct. 20. During the next quarter, the Subgroup expects to approve the 2006/2007 Auto Insurance Database Report and the 2007 Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner’s Insurance report.