A delegation of U.S. insurance regulators met with their Japanese counterparts in Tokyo. NAIC President and Maine Superintendent of Insurance Eric Cioppa, NAIC President-Elect and South Carolina Department of Insurance Director, Raymond G. Farmer, Hawaii Chief Deputy Insurance Commissioner Gordon Ito and NAIC CEO Mike Consedine led the 10th bilateral meeting for the U.S. Topics discussed included supervisory cooperation, use of analytics and financial sector priorities.
NAIC Regulatory Dialogue
About the NAIC
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. For more information, visit www.naic.org.