The panel reviewed ongoing subgroup work, including a bulletin draft for fixed cost BI and feedback on the testing & commissioning clause. Key claims updates featured fires at refineries in Wyoming, California and Germany, with significant PD and BI estimates and local regulatory concerns. A chemical plant fire in Pennsylvania was also noted. The Onshore Energy Engineering Subgroup awaited document updates for review. Members discussed the implications of California state regulation and the grandfather policy framework. A review of LMA5570 was scheduled, with discussions on maintaining consistency in coverage and market communication.