NAIC prepares new call for home insurance data

Takeaways:

• Data call to be conducted in spring and summer 2026
• Insurance commissioners expect to get more detail on markets
• Verisk presents data analysis technology

NAIC, the association of state insurance regulators, is still finalizing requirements for its next homeowners insurance data call, to be conducted sometime in 2026. 

The call will collect data from 2018 through all of 2025, according to Michael Conway, Colorado's insurance commissioner and chair of NAIC's Property and Casualty Insurance Committee. This committee accepted a template and definitions for the call from NAIC's Homeowners Market Data Call Task Force at the organization's Fall National Meeting in Hollywood, Florida, on December 11.

In March 2025, consumer advocates criticized NAIC and the U.S. Treasury's Federal Insurance Office (FIO) for releasing insufficient results from its previous data call, conducted during 2024.

According to Conway, NAIC's next homeowners market data call will add counts of paid claims and losses paid by type of peril, company initiated cancellations collected by time period, written and returned premiums for canceled policies and counter policies in force, and information on state-required mitigation discounts.

Conway, who is also a member of the data call task force, added that the data call will likely be issued in early 2026, with data due by sometime in the summer.

"This framework really strikes a right balance between practicality and precision, and it's really consistent with the reliable data, which is essential to understand our dynamic markets and members," said Ricardo Lara, California insurance commissioner and a member of the data call task force, addressing the Property and Casualty Insurance Committee. "We know that better data improves our availability to protect consumers, maintain stable markets and advance our climate resiliency strategies. This deliverable really is going to enhance our collective capacity to monitor, assess and respond quickly toward emerging risk and disaster."

NAIC president Jon Godfread, insurance commissioner of North Dakota, said the plans for the next data call are an improvement over the previous one.

"To be here a year later with a revised data call is truly a testament to the work of Commissioner Conway and the C committee," Godfread said. "Think back to where we were just a year ago in the discussions we're having and the challenge we're facing around this data collection."

In a related development, Verisk shared details of its Regulatory Data Exchange (RDeX) tool with NAIC's Property and Casualty Insurance Committee. RDeX can analyze historical and current collected data to highlight details of claims losses paid, claims closed with or without payment, and details of policies and premiums.

Tennessee, North Carolina and South Carolina used RDeX after Hurricane Helene in 2024 to analyze data on claims collected following the storm, according to Nancy Clark, assistant vice president of regulatory strategy at Verisk.