The NISS Statistical Workshop is scheduled to be held in Indianapolis on Tuesday, April 8, 2025. The workshop is a one-day event that...
NISS NEWS

Vol. 56 | November 2024

NISS Workshop – Save the Date!

The NISS Statistical Workshop is scheduled to be held in Indianapolis on Tuesday, April 8, 2025. The workshop is a one-day event that begins at 9:00 AM and ends by 4:00 PM EST. The workshop covers a range of topics, including:

  • a brief history of statistical reporting

  • terms and concepts

  • an overview of the NISS internal flow of data

  • annual statement reconciliation

  • excess loss reporting

  • resources and reporting tips

  • edit tools

  • data quality reports

  • explanation of reports sent on behalf of member companies

  • frequently found errors

It also includes a thorough walkthrough of the NISS website, including tutorials on the member-interactive features. The workshop is fairly technical in nature, and primarily directed to staff members that are involved in the details of data management and statistical reporting. It is also a wonderful opportunity to meet the NISS staff. Registration information will be coming soon. We hope to see you there!

AIPSO Quota Determination Data

One of the reports NISS sends on behalf of our member companies is the Residual Market Participation Quota Determination, 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.

2024 Upcoming Meetings

Executive Committee Meeting
Virtual Meeting | December 6, 2024

Board Meeting
Virtual Meeting | December 16, 2024

About Us

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.

2024 Upcoming Due Dates

For a list of upcoming due dates, please click here.

Stat Brain Teaser

If three cats can catch three mice in three minutes, how long will it take 100 cats to catch 100 mice?

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!

Winner of $25 Amazon gift card last quarter: Janet Rhinehart

For the question and answer from the last brain teaser, please view the NISS News section here.


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