The operating record for policy, claims, and insurance change.
Source-backed reporting and analysis connected to the companies, capabilities, authorities, and operating domains it affects.
The NAIC Third-Party Data and Models Working Group exposed a proposed framework for a 28-day public-comment period that ended August 5, 2026, with discussion scheduled for August 12. Closing comments advances the working-group process; it does not by itself adopt a model law, model bulletin, accreditation standard, state rule, or binding insurer requirement.
NAIC’s model-law library supports consistency in state-based insurance regulation, but legal effect comes through state adoption and related jurisdictional action. A model number in a core-system rule cannot establish the applicable law.
The model bulletin connects AI-supported underwriting, pricing, claims, fraud, and service decisions to applicable insurance law, governance, testing, monitoring, and documentation.
The regulation's application raises the buyer standard for ICT governance, incidents, testing, third-party dependencies, contracts, recovery, and evidence across policy and claims services.
Phased requirements place more emphasis on governance, access, monitoring, incident response, business continuity, and covered-entity accountability.
Policy, claims, actuarial, subledger, and reporting programs need reproducible contract groups, cash flows, service results, finance effects, and movement records.
Long-duration contract measurement, assumptions, market risk benefits, deferred acquisition costs, and disclosure movements depend on controlled policy, actuarial, financial, and historical records.
