Industry Issues | Surplus Lines Reform

NAIC Private Flood MCAS Blank Exposed for Comment

Private flood insurance is the next line of business that is going to be added to the Market Conduct Annual Statement "program" at the NAIC.  It is currently anticipated that collection of data would begin in 2021 for 2020 data.

The NAIC Market Conduct Annual Statement Blanks Working Group exposed the attached private flood MCAS blank and related materials (definitions, etc) today for comment.  APCIA participated in the small drafting group that put the document together and has shared member comments throughout that drafting exercise.  This is the first time the document has been exposed for official comment.  

Please provide any comments you have by April 11th.  Send them to Lisa Brown (lisa.brown@apci.org), David Snyder (david.snyder@apci.org), and Don Griffin (donald.griffin@apci.org).