Governing Committee Meeting - November 19, 2024

A meeting of the Governing Committee was held on Tuesday, November 19, 2024.

Commercial Automobile Committee

The Governing Committee approved the proposed amendments to the Rules of Operations – Rule 6 – Coverages.

Refer to Bulletin No. 1181 for additional information.

Commercial Program Oversight Committee

The Governing Committee approved the appointments of Arbella, MAPFRE, Pilgrim, and Safety as Servicing Carriers for the five-year term beginning January 1, 2027.

Compliance and Operations Committee

The Governing Committee approved the proposed updates to the Commercial Statistical Plan and directed staff to file with the Division of Insurance for consideration.

Refer to Accounting & Statistical Notice No. 711 for additional information.

The Governing Committee also approved proposed updates to Chapter IX – Compliance Audit of the Manual of Administrative Procedures codifying commercial audit procedures.

Refer to Bulletin No. 1182 for additional information.

MAIP Steering Committee

The Governing Committee approved proposed amendments to Rule 55 – Pre-Insurance Inspection Program of the MAIP Automobile Insurance Manual and directed staff to file with the Division of Insurance for consideration.
A bulletin will be distributed with additional information.