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Commissioner Andrew Mais Participates in Eurofi Financial Forum
On September 7, Commissioner Andrew N. Mais (CT) spoke on the panel “Sustainability risks and challenges in the insurance sector (sector resilience, contribution to the EU economy adaptation)” at the Eurofi Financial Forum in Prague. Specifically, Cmr. Mais’ comments focused the efforts of the NAIC and U.S. State Insurance Supervisors in monitoring insurers’ ESG exposure, both via investments and underwriting. Also, Cmr. Mais discussed some existing public private partnerships in the U.S., and how insurance departments are working with insurance companies to help close the coverage gap.
About the National Association of Insurance Commissioners
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.