NAIC group to fire up dormant work on accelerated underwriting guidance
February 20, 2024 by John Hilton
A panel of state insurance regulators is getting back to work on accelerated underwriting guidance for states to consider.
Created during the National Association of Insurance Commissioners’ 2019 summer meeting, the Accelerated Underwriting Working Group began work with several charges.
Among them, to “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.”
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