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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

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Meeting ID: 973 0281 0980

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

Attendees

Goals

  • Finalize Data Dictionary and prepare for vote on attributes next week

Discussion items

TimeItemWhoNotes
1Anti TrustPeter

4Intronew people

30Review VINEric Lowe

30Review DDeveryoneVote is next week unless problems arise

15Ruleseveryone

10Next StepsPeter

Minutes

  • Anti-Trust policy reviewed
  • Agenda above.
  • VIN from Eric
    • Eric not present
  • Review DD
    • Discussed Susan Chudwick’s questions on what would be voted on for approval
    • Reviewed fields with eye towards field use – Stat or Other
      • NAIC vs AAIS vs other stat agents
      • Discussion whether emulating NAIC makes sense.
      • Discussion on Driver birthdate vs driver age, keeping derivable data or not.
    • Exception states reviewed
    • NAIC state codes found, shown
      • Numeric code vs letter code – Letter code requested
    • Rules/validation: What are accepted values?
      • Discussed fields and possible values it should expect
      • Discussed scope of this exercise – two annual auto reports, like annual auto claim experience
        • Clarify the target/goal
        • Reviewed AAIS’ list of fields
      • Differences in nomenclature between ISO, AAIS called out as something that needs resolution.
    • Claim
      • Optional fields reviewed
    • Vote will be held off until after next week because still need to review column C

Action items

  • Peter Antley to follow up on AAIS vs ISO nomenclature
  • Mike Nurse to follow up on passive/active
  • Someone to go back and validate the column C, Stat vs other decisions – Susan volunteered


Recording

openIDL RRDMWG 2-4-2022.m4a