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Vol. 48 | November 2022
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AIPSO Quota Determination Data
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One of the reports NISS sends on behalf of our member companies is the Residual Market Participation Quota Determination (Plan B), which is sent to AIPSO on November 15th each year. Companies that write voluntary automobile policies are required to write a proportional number of residual market automobile policies, and AIPSO determines your company’s quota based on the data NISS sends on your behalf.
In order to avoid receiving an incorrect number of assignments from this quota determination, it is essential that the data submitted to NISS is accurate. As NISS reviews data prior to submitting to AIPSO, we work with your company representatives to ensure accuracy. After NISS submits the appropriate data to AIPSO, each member company receives a copy of the data sent on their behalf for review. If discrepancies or inaccuracies are discovered, or if AIPSO contacts a member company with an inquiry, please contact NISS.
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NISS Workshop Recap
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NISS held its Statistical Workshop in Indianapolis on October 17th. The workshop received positive feedback, both from attendees that had worked in statistical reporting for years and those new to statistical reporting.
The workshop covered a range of topics, including:
It also included a thorough walkthrough of the NISS website, including tutorials on the member-interactive features.
We enjoyed meeting all the attendees and hope to see you at future workshops!
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About Us
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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.
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2022 Upcoming Due Dates
For a list of upcoming due dates, please click
here.
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2022 Upcoming Meetings
Executive Committee Meeting
Teleconference
November 22, 2022
Board Meeting
Teleconference
December 19, 2022
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Stat Brain Teaser
On a distant planet, all inhabitants are either pink or green. Pink aliens have three heads, and green aliens have seven heads. At a town hall meeting, there were 48 inhabitants with a total of 220 heads. How many of them were green aliens?
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!
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Winner of $25 Amazon gift card last quarter: Victor Samardak
For the question and answer from the last brain teaser, please view the NISS
News section
here.
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