NAIC Accelerated Underwriting Working Group To Take It Slow
October 9, 2019 by Jamie Johnson
The Accelerated Underwriting Working Group got started today by rejecting a plea to speed up its schedule.
The group was formed during the National Association of Insurance Commissioners’ summer meeting in August. It will “Consider the use of external data and data analytics in accelerated life underwriting, including consideration of the ongoing work of the Life Actuarial (A) Task Force on the issue and, if appropriate, drafting guidance for the states.”