Status of the Price Optimization Debate: What is NAIC Doing, What Have the States Said Recently, and Does Price Optimization Violate States’ Anti-Discriminatory and Unfair Trade Practices Standards?

July 26, 2016 9:15am

Daniel A. Cotter
Butler Rubin Saltarelli & Boyd LLP

Steven Harris
Deputy General Counsel
AIG Property Casualty

Fred E. Karlinsky
Co-Chair, Insurance Regulatory and Transactions Practice Group
Greenberg Traurig LLP

  • Use of predictive models to determine how much price flexibility a customer has — an unfair treatment?
  • What have the states said recently?
  • What is NAIC doing to address this issue?
  • Does the price optimization practice violate states’ anti-discriminatory and unfair trade practices standards?