Vol. 15 | August 2014  

Supplemental Auto Call - Membership Fee (MBR) Call

Each year on November 15th, NISS sends the Residual Market Participation Quota Determination to AIPSO on behalf of our member companies. Companies that write voluntary automobile policies are required to write a proportional number of residual market automobile policies, and AIPSO determines each company's quota based on the data NISS sends.

In order to provide AIPSO the correct amount of premium for each company, we may have to take into account premiums that are included on your annual statement as automobile but may not be reported in the data submission to NISS. For this reason, the Membership Fee (MBR) Call is collected. The MBR Call includes membership or policy fee data with premiums separated between drivers under 25 years of age and senior citizen drivers. These fees can also be reported in the automobile data submission. However, if they are excluded, the fee amounts need to be reported with the MBR Call.

By either including the membership fees in the data submission or reporting the amounts on the MBR Call, we can ensure that we are sending AIPSO the correct premium amounts. This will also ensure that each company is receiving the proper credit for writing drivers under 25 years of age and senior citizen drivers, and that they receive the correct number of assignments from the quota determination.

Customer Service Survey

NISS recently sent a customer service survey to many of our member company representatives. The feedback we receive on this survey is very important to us, and we use the responses for many different reasons, including:

• To understand what areas of NISS statistical reporting are most important or challenging to our member companies so we can focus our attention on providing resources to simplify those areas
• To get the opinions of our member companies on new ideas that are being considered
• To identify areas in which we can improve our statistical reporting service

Your feedback will help us ensure the statistical reporting process will be as simple as it can be and help us provide you the best free resources in the industry.

Where We're Going and Where We've Been

• In September, NISS will attend the Association of Insurance Compliance Professionals (AICP) Annual Conference in Phoenix, Arizona
• Also in September, NISS will host booth #616 at the NAMIC Convention in Washington D.C.
• NISS will be attending the NAIC meetings throughout the year
• In June, NISS hosted booth #637 at the Insurance Accounting & Systems Association's (IASA) Annual Conference in Indianapolis, Indiana

Did You Know?

About Us

NISS is a unique resource for the property/casualty insurance industry. We collect and report timely, quality insurance data and perform other related functions at a reasonable cost.

For more information, please visit www.niss-stat.org.

2014 Upcoming Due Dates

For a list of upcoming due dates, please click here.

2014 Upcoming Meetings

Board Meeting & NISS Annual Meeting
Indianapolis, IN
September 29, 2014

Technical Advisory Committee Meeting
Indianapolis, IN
October 21, 2014

Executive Committee Meeting
Kansas City, MO
November 24, 2014

Board Meeting
Teleconference
December 15, 2014

Stat Brain Teaser

There are three boxes on a table. One of the boxes contains gold and the other two are empty. There is a printed message on each box. One of the messages is true and the other two are lies. The first box says 'The Gold is not here'. The Second box says 'The Gold is not here'. The Third box says 'The Gold is in the Second box'. Which box has the gold?

Please email your answers to NISSNews@niss-stat.org. A person will be randomly drawn from the first ten correct answers, and that person will win a $10 gift card from Amazon.com!

Congratulations to Beth Levy who won the $10 Amazon Gift Card in the last drawing for answering the Brain Teaser correctly! For the question and answer from the last brain teaser, please click here.