Kansas City, MO (Oct. 12, 2021)
VsportV体育 Releases 2021 Staffing Fiscal for Public Comment
The VsportV体育 (VsportV体育) announced today it has released for public comment one fiscal impact statement related to its 2021 budget for a one-week exposure period. This fiscal was approved for exposure by the VsportV体育 Internal Administration (EX1) Subcommittee and the VsportV体育 Executive (EX) Committee during a joint meeting held today, Oct. 12, 2021.
The fiscal requests four new headcount. Three of the positions convert long-term contingent positions to full-time staff, thereby saving professional services expenses and bringing much-needed knowledge and skills in-house on a permanent basis. The fourth request is a new actuarial position needed to handle critical responsibilities related to principle-based reserving (PBR) work.
A complete copy of the fiscal can be found by clicking here. Written comments or questions should be addressed to the VsportV体育 and forwarded to the attention of Jim Woody, jwoody@naic.org, no later than Oct. 20, 2021.
About the VsportV体育
As part of our state-based system of insurance regulation in the United States, the VsportV体育 (VsportV体育) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the VsportV体育, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. VsportV体育 staff supports these efforts and represents the collective views of state regulators domestically and internationally.