|
Vol. 37 | February 2020
|
|
VE Email Confirmations
|
|
Each year, the first Call due to NISS is the Verification of Experience to be Reported (VE) Call. The purpose of the VE Call is to identify which states and Calls will be filed with NISS during the 2020 Call Year. This is the first step for NISS in the process of establishing controls and ensuring quality data.
A notification is prepared during January and emailed to all member companies containing information and instructions on how to submit the VE. Each company should review the information and submit the VE through the NISS website no later than March 1st, 2020.
After we receive your company’s VE, a confirmation email is sent which lists the Calls we expect to receive from your company for the 2020 Call Year. The confirmation email provides a direct link to the webpage where you submit each particular Call you plan to send to NISS during the 2020 Call Year. Since the Calls are listed by due date, many companies use this email as a checklist throughout the year as they submit data to NISS. The confirmation email also lists your NISS Contact for each Call, so if you have any questions or issues, you can easily contact NISS staff to assist you. Your VE confirmation email can also be viewed on the NISS website under the View Correspondence menu item by anyone with an account for your company.
|
|
|
Filing Preparation Checklist and Statistical Reporting Guide
|
|
Our top priority is to make the reporting process as simple and painless as possible for our member companies. A couple of resources which our companies find very helpful are:
- Filing Preparation Checklist: This is a checklist which details the sequence of general tasks a company should follow each year to ensure all regulatory statistical reporting requirements are met.
- Statistical Reporting Guide: This guide is geared towards helping companies that are new to statistical reporting. It is written in a Q&A format and helps new member companies and new employees of current member companies understand the basics of statistical reporting.
Both the Filing Preparation Checklist and the Statistical Reporting Guide are available on our website. As always, these resources are free downloads for our member companies. If you would like more information regarding either of these documents, please contact us here.
|
|
|
Where We’re Going and Where We’ve Been
|
- In May, NISS will attend the IDMA Conference in Philadelphia, Pennsylvania
-
Also in May, NISS will attend the DigIn Conference in Austin, Texas
- In June, NISS will host a booth at the Insurance Accounting & Systems Association (IASA) Annual Conference in St. Louis, Missouri
- In September, NISS will attend the InsureTech Connect Conference in Las Vegas, Nevada
- In October, NISS will attend the AICP Conference in Washington, DC
- NISS attends the NAIC meetings throughout the year
|
|
|
|
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.
|
|
2020 Upcoming Due Dates
For a list of upcoming due dates, please click
here.
|
|
2020 Upcoming Meetings
Executive Committee Meeting
Teleconference
March, 2020
Board of Directors Meeting
St. George, UT
April 17-20, 2020
Technical Advisory Committee
Indianapolis, IN
June 16, 2020
Executive Committee Meeting
Teleconference
August 18, 2020
Board of Directors Meeting
Indianapolis, IN
September 21, 2020
Technical Advisory Committee
Indianapolis, IN
October 20, 2020
Executive Committee Meeting
Teleconference
November 24, 2020
Board Meeting
Teleconference
December 14, 2020
|
|
Stat Brain Teaser
A man was walking outside when it started to rain. He was in the middle of a field with no umbrella. He came home soaked, but not a single hair on his head was wet. Why?
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
$25 gift card from Amazon.com!
|
|
Winner of $25 Amazon gift card last quarter: Shawn Oliver
For the question and answer from the last brain teaser, please view the NISS
News section
here.
|
|
