This is a weekly series for The Regulatory Reporting Data Model Working Group. The RRDMWG is a collaborative group of insurers, regulators and other insurance industry innovators dedicated to the development of data models that will support regulatory reporting through an openIDL node. The data models to be developed will reflect a greater synchronization of data for insurer statistical and financial data and a consistent methodology that insurers and regulators can leverage to modernize the data reporting environment. The models developed will be reported to the Regulatory Reporting Steering Committee for approval for publication as an open-source data model.

RRDMWG OpenIDL is inviting you to a scheduled Zoom meeting.

Join Zoom Meeting

https://zoom.us/j/97302810980

Meeting ID: 973 0281 0980

One tap mobile

+13126266799,,97302810980# US (Chicago)

+19292056099,,97302810980# US (New York)

Dial by your location

+1 312 626 6799 US (Chicago)

+1 929 205 6099 US (New York)

+1 301 715 8592 US (Washington DC)

+1 346 248 7799 US (Houston)

+1 669 900 6833 US (San Jose)

+1 253 215 8782 US (Tacoma)

877 853 5247 US Toll-free

888 788 0099 US Toll-free

Meeting ID: 973 0281 0980

Find your local number: https://zoom.us/u/aff6Fp5v1

Attendees

Agenda/Discussion items

Time	Item	Who	Notes
5	Introductions	Companies, New people
5	Agenda/Anti Trust	Peter Antley
60	Claim	Dale Harris
30	Driver	Peter/Ken	see page 2 of vehicle file.
15	Vehicle	Peter
5	Closing	Peter

Minutes

Anti Trust Read
Review Agenda
Review of Attributes for the claim- Dale Harris

Two sections- Claim Identifier & Claim Activity
Claim Identifier

Yellow highlighting is from Eric’s file
Policy number

Policy effective date
- We may use the same policy number for multiple years

Claim identifier/number
Vehicle Identification Number
Driver
- Might want to add the license number
  - Cautious of personal identification out to the world
    - Can create an index
    - Could be in harmonized claim storer but, we don’t have to share

Accident date
Cause of loss

CAT Identifier
Claim location zip code
- Where did the incident occur
Fatality indicator

Subrogation- Loss
Subrogation-LAE
Other considerations
- Fault vs not at fault
  - Table for now and come back to it

Claim Activity

Claim Number
- Claim date would be under Claim Number
What coverage for the activity
- Liability
- BI
- Uninsured motorist

Activity date
- If a payment is being made and when the payment occurs
- The date that the change is being made

Incurred loss
- Incurred loss adjustment expense
Incurred loss expense
Paid loss

Paid LAE
Claimant identifier
- Determined we would like to keep

Denied claims (a topic we can come back to and discuss)
- Denied claims is a topic we will have with all lines of business
- Captured in the claim identified
- Futuristically it would be something that we would want to know
- With respect to stat reporting, it is not captured currently
- Claim status connotation
Subrogation- loss
Subrogation- LAE

Recaps on policy—policy includes vehicle, drivers, its holistic

All activity is captured- every time there’s a change it’s captured
Coverages, driver information, all changes captured

All on Eric’s old list that Peter was working on

Clue reports/Carfax/Equifax

Has to do with the individual
Carfax-information is coming from the different shops where the repairs are being done (whole other discussion, decided to table)

Review Driver- Peter Antley (what to include or exclude)

Name
Policy effective date
Diver’s license number

Age- want
Might not want to capture- issue date, class, restrictions, expiration date

License year
- Carriers- We don’t capture

Optional fields
Garage address
Employment status- not needed
- Some carriers capture

Endorsements
Mobile number and email
- Might be in the company records but, do not need

Any additional topics

Coverages

Recording

Action items

Peter Antley (Deactivated) to put policy effective date, transaction effective date, from Eric original report
For next week—do a quick overview of what we’ve done that past few weeks
Peter Antley (Deactivated) to condense everything into 1 document and send out to everyone to look at and provide notes on for next week- to send out by Wednesday (1/26) EOD

[data-colorid=juosh4ersk]{color:#3c4043} html[data-color-mode=dark] [data-colorid=juosh4ersk]{color:#bcc0c3}

Attendees

Agenda/Discussion items

Minutes

Recording

Action items

Browser not supported