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When:
Tuesday, October 4, 2022
9am to 10am PDT/12:00PM-1PM EST
ZOOM Please Register in advance for this meeting:
https://zoom.us/meeting/register/tJwpcO2spjkpE9a1HXBeyBxz7TM_Dvo8Ne8j
Attendees:
Regina Daw
Lanaya Nelson
Lori Dreaver Munn (Deactivated)
Kim Brown
Birny Birnbaum
Brian Hoffman
Kristin McDonald (Deactivated)
Lanaya Nelson
Patti Norton-Gatto
Tsvetan Georgiev
Susan Young
Agenda Items:
- Latest updates from North Dakota
- AAIS met with all of the carriers and now in the process of data collection through the end of the year - Robin & Lori. First reports due Dec. 1, Jan. 1st and February 1st.
- AAIS: all of meetings have taken place with states on North Dakota list. Little to no pushback.
- Large Carrier involved are expressing interest in more direct “hands on” knowledge of the nodes
- Lanaya outreach to: AAA, and USAA, and Nationwide especially in light of catastrophic events down south.
- Lanaya - CSAA - branch of AAA - innovation strong, dynamic team. Has reached out to them. Can bring us up to date on status of this. CSAA very focused on catastrophe modeling.
- Latest developments w/ Mississippi Dept of Insurance - crisis tracking project.
- Megan Ebling working on this.
- Internal changes have taken place that led to some lag however the interest from the Mississippi DOI is very strong.
- POC Proposal - address-level data
- More data/figures to be collected regarding the costs of operating a node - forthcoming!
- Possibility of integrating first-level stat reporting as a measure of cost savings - will prove enormously effective as a recruitment tool.
Meeting Minutes - N. Southern
I. Introductory comments by Ms. Westcott
A. Reading of LF antitrust statement.
B. Ms. Westcott discussed modifications to the RRSC - including a more informal format and the possibility of a change in cadence. Also asked Mr. Braswell to moderate discussion.
C. Mr. Braswell presented a high level shared "rolling" agenda from shared Google document and invited others to contribute
II. Agenda
A. North Dakota updates - Mr. Braswell asked Mr. Sayers to comment on this.
1. Mr. Sayers pointed out that we're on schedule for November, getting data from carriers. Nodes have been and are being tested - carrier, AAIS and analytics nodes. No issues. Deployment will be done during next few days. 10 more carrier nodes will be set up. Internal testing will be done in October, they AAIS will start working with carriers 1-1 in a test node. DOT test data has been received
2. Ms. Westcott: described what it means to have this network established. Test environment set up. 1 large carrier has taken ownership over its node. Network for ND will be absorbed into larger openIDL community. Technology will be proven through POC. Mr. Braswell: in coming months, a commonality will be worked out for various applications in openIDL/community. Mr. Braswell noted that we may have issues with how OSS code is organized; there may also be issues tied to configuration and deployment. ND as an example will give us first-rate insights into issues or challenges that may arise.
3. AAIS working with AAIS & Crisis Track re: connecting insurance data to real time crisis info. They are looking into making this application work. (This is particularly relevant now given the fallout from Hurricane Ian). Once done, it will make life for catastrophe survivors easier. The technology can help dramatically with disaster relief and assistance. May also drive necessary changes at the government level.
4. Ms. Westcott: encouraged those present to think of other POCs we can develop. How can we connect insurance data to third party data for specific purposes such as catastrophe relief?
B. Cost Savings
1. Mr. Braswell pointed out long-term cost savings that will emerge from the network as a whole - we will have data in time.
2. Ms. Ebling pointed out our ability to show great strengths and slides on a cost basis from openIDL. Ms. Ebling discussed, on this note, her interaction and work with USAA, who are the ones driving this for disaster management. Ms. Ebling and Mr. Braswell agreed to touch base in the days ahead and share additional information.
C. Lanaya - Outreach updates, etc.
1. Noted that she is working on a strategic map for carrier outreach and strategic partner outreach. Just spoke with CSAA and will be setting up a call w/respective members of their team the week after next. CSAA preparing to start new initiatives. Focusing on commercial vehicle business and catastrophe as well, so timing is excellent and use cases Ms. Westcott discussed will be of interest to them.
2. Also talking with USAA and State Farm.
3. Mr. Braswell emphasized that we are working on dramatically growing our carrier network
D. Ms. Westcott - concerns about unique reporting requirements of each state. Central to this group.
1. Invited thoughts from group on how to effectively move forward in this area. Are there places specifically we should be focused on talking about this? Clarified that she's focused specifically on what we need to do to bring community into discussions happening beyond our walls? How do we influence them?
2. Mr. Braswell raised the possibility of spreading the word in forums in other than NAIC? Mr. Hoffman: we have all the angles covered. Now we need to physically show what we can do and all of the connected uses. We are at the point of needing to demonstrate what we have.
3. Mr. Braswell pointed to the depth of knowledge of reporting requirements had by Ms. Westcott and Ms. Munn on a state by state basis and how central that knowledge is to that discussion
E. Additional Questions/Thoughts from Group
1. None presented. Mr. Braswell asked group if everyone is amenable to having a casual style conversation moving forward. Ms. Westcott suggested reducing the meeting to every 6 weeks/2 months until packages are ready to be presented.
2. Ms. Chudwick expressed her sense that 6 weeks to 2 months is a very long time - and raised the possibility that RRSC could be a great forum for this.
3. Ms. Westcott also raised the option of folding the RRSC into the RRDMWG; Mr. Braswell responded to the criticality of maintaining a regular cadence in terms of overall updates.
Decision: to do another roundtable meeting for Nov. And then December for a more agenda'd meeting.
Mr. Braswell adjourned the call at 12:43pm EST.
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- General overview of recent progress
- Stat reporting data spec for “day 1” is stable; work on derivation of stat reporting measures from the transaction data is fairly complete
- Architecture and extraction patterns are being developed at a fairly detailed level in the architecture work group
- openIDL Test Net
- Looking ahead to the availability of openIDL test net, and the ability of carriers to adopt the stat plan HDS data spec and join the test net beginning in Q1 of 2023 (i.e, in order to initially load sample HDS data and test simple data extraction).
- Some carriers that do not currently use the AAIS stat reporting service (and, hence, the AAIS stat reporting data format) will need some assistance in mapping their systems of record to the AAIS stat reporting format that is being used as the “day 1” initial data model.
- Interest in catastrophe reporting
- Renewed interest in exploring application of openIDL in this area
- This is a secondary consideration to completing the primary stat reporting use case ( but would leverage architectural work being done for stat reporting )
- There are benefits associated with indicating the intent to take up this objective given the natural disasters of late (Hurricane Ian), FOI request, NAIC intitiatives
- Key upcoming regulatory events - NAIC in December
Minutes:
I. Introductory Comments
A. Ms. Westcott acknowledged the LF Antitrust Statement.
B. Welcome to attendees
II. Agenda
A. Ms. Westcott acknowledged a change in format of RRSC toward a more roundtable discussion
B. Discussion of chair role by Ms. Westcott
- Start pushing the responsibilities for regulatory reporting toward the developments in the NAIC with Sandra Darby's WG for the Stat Reporting Handbook
- In the other working group (RRDMWG) the question arose: Can we just do traditional stat reporting and get it up and running in the nodes and on the network, and have the network tested that way to push twd full implementation of standards that the standards group has been working on; moving toward better quality data reports under the data standards to help make sure that we're giving solutions to the group that's meeting at the NAIC re: how to change statistical reporting
C. Mr. Sayers - quick high-level overview
- AWG: working on determining what will work for all the carriers wrt statistical reporting and what should be installed in their environments, and what will work best. We settled on using postgreSQL (relational database) in lieu of MongoDB
- Drilling into details of how extraction process will work with a relational database. (handed off to Mr. Antley)
- PA -presented slide
- We changed DB from Mongo to SQL
- Created two tables - working copy of premium table and one copy of loss table
- Regulatory reporting: we are focusing on auto and reproducing a report - 2010 Report from Alabama - breaking out auto insurance by numerous metrics. As of earlier this week, we had calculated Earned Premium, Car Years, Incurred Loss and Incurred Count.
- Next: physical damage will be broken into comprehensive and collision
- We will also be working on the extraction pattern processor and getting an API going
- Next month's updates will be quite fulsome
- RRDMWG will continue to meet on Fridays
- Talking with AWG on Mondays about technical specifications and using RRDMWG meetings on Fridays to validate our work.
D. Ms. Westcott - clarified that this is not meant to be the final stage of stat reporting or regulatory reporting but the first step into creating the network - the repositories that will work in the test network to do trad'l stat reporting for the first time using this technology. Doesn't yet go beyond trad'l but will eventually do so. Once we prove the workability, we can move more quickly toward creating the nodes to have greater standards developed in working group - and push twd next generation.
E. Mr. Braswell - discussion of Ken & Peter's work in AWG
- As we stand up test net one of objectives is to have initial work being done in sandbox to be actively developed and deployed
- Objective for the purposes of carriers: to support their ability to join this process into Q1 2023
- Some of carriers may need add'l help doing the process because not all of them have been using accepted stat reporting layout that is a test for the POC
- We're looking into ways to get others on board with this process - helping carriers, etc.
- These conversations will be ongoing.
- As we evolve data standard for future use, data model will expand. Mechanisms will be tested to get things working.
F. Mr. Braswell - Catastrophe reporting. Noted that we will be moving more heavily into this area with a possible POC - natural catastrophes such as Florida hurricane. We look forward to using IDL to help with these scenarios
G. Ms. Westcott - recap on ND project etc.
- 10 carriers have been asked to connect VIN #s to DOT registered vins in the state to further test the network and see if these connections can be made.
- Mr. Sayers reaffirmed this - close to reconnecting with all carriers to do a quick test before we do a Nov. data call.
- RW: per Mr. Braswell - possible POC involving disaster response data involving state of Mississippi.
- AAIS interested in having openIDL assume governance of said POC and others.
- Mr. Braswell: discussions with tech partners supporting both testnet and ND project - separate teams. All working together - we will increase coordination and information sharing among tech partners. These vendors
H. Future meetings - brief discussion of reconvening RRSC and tentative agreement that NAIC is an ideal venue to due this.
With no further business Ms. Westcott adjourned the meeting at 12:22pm.
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