In regulatory news:

A.M BestTV covered the NAIC summer meeting as insurance commissioners continue work on the Own Risk and Solvency Assessment Model Act, cyber security, terrorism risk, international regulation and how insurers determine consumer pricing. This meeting also included a new recommendation from the Financial Analysis Working Group that would require insurers to audit their TPAs as a NAIC accreditation requirement under Guideline 1090.

Watch the video here.

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