Product Filing Review Handbook (EX) Subgroup
Executive (EX) Committee Task Forces and Working Groups Summary Report
Winter 2009 Meeting Summaries Index

The Product Filing Review Handbook (EX) Subgroup of the Operational Efficiencies (EX) Working Group met via conference call Oct. 13, 2009. During this call, the Subgroup:

  • Reviewed a new draft of the Product Filing Review Handbook Chapter 7, titled “Speed to Market Tools” (Oct. 5 revision). The revision combined the previous Chapter 7 under the same title with Chapter 9 (titled “System for Electronic Rate and Form Filing—SERFF”). It was explained that the introductory section of Chapter 7 provided some Speed to Market history for the reviewer so they would have an understanding of how this initiative came about and to convey its importance to the NAIC. Approximately half of the chapter was reviewed during the conference call. It was agreed that changes should be made to some of the sections covered. Based on the discussion, a revised Chapter 7 would be presented for further consideration during the next Subgroup conference call.

The Subgroup also met via conference call Nov. 20, 2009. During this call, the Subgroup:

  • Reviewed the revised Chapter 7 (Oct. 16 revision). Most of the discussion pertained to tweaking words and suggested reconstruction of a few sentences. Chapter 7 was adopted during the conference call with the understanding that the agreed changes would be made. The Subgroup next reviewed draft Chapter 8, titled “Regulatory Data Resources” (Oct. 13 revision). The entire chapter was reviewed (other than chapter appendix). It was determined that changes agreed to be made should be presented through a revised Chapter 8 for consideration of adoption during the next Subgroup conference call.
  • Announced that the next Subgroup conference call is scheduled for Dec. 14, 2 p.m.–3:30 p.m. CST.
 

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