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NAIC Accepting Applications for 2025 Consumer Representatives
Today, the National Association of Insurance Commissioners (NAIC) announced it is preparing for its 2025 Consumer Participation Program by opening application dates for the program. Applications are being accepted now through Oct. 31, 2024, at 5:00 p.m. CT.
The NAIC selects a group of consumer representatives annually from a list of qualified applicants. Amplifying the voice of insurance consumers and participating in NAIC meetings as individuals or as consumer representatives of consumer organizations are among the duties of the representatives. (The NAIC defines a consumer organization as a national, state, or local organization that serves to protect the interests of consumers as they relate to the regulation of insurance.)
“Next year marks 33 years since the Consumer Participation Program was established. Through the program, consumer representatives support the mission of the NAIC by providing insight into the needs of insurance consumers. The insurance industry is complex, and every opportunity our consumers have to be heard is important,” said NAIC President and Connecticut Department of Insurance Commissioner Andrew N. Mais.
There are two ways to apply to the Consumer Participation Program:
- Funded Consumer Representative: The NAIC will provide funding in the form of travel expense reimbursement. To qualify, an individual candidate shall have a commitment to representing consumer interests in insurance regulation, be willing to fully participate in NAIC national meetings and related conference calls, have demonstrated expertise and experience on insurance-related issues addressed by the NAIC, and require NAIC funding in order to fully participate in NAIC national meetings and conference calls. An individual candidate must not have obligations or commitments to an industry that conflict with his/her responsibilities to represent consumer interests.
- Unfunded Consumer Representative: Individuals who do not need funding may apply to participate as unfunded consumer representatives.
All applicants are required to complete the new automated application and attach all requested documents. Applicants will be selected in December and notified prior to the Spring National Meeting in 2025.
“We welcome applicants who meet the criteria of an NAIC Consumer Representative to apply by the Oct. 31 deadline. As the chair of the NAIC’s Consumer Liaison Committee, it is important that everyday people have a voice in our work. I appreciate the commitment representatives have and look forward to working together to highlight accomplishments and work that needs to be done to meet the expectations of consumers,” said Chair and Minnesota Commerce Commissioner Grace Arnold, whose agency includes the Division of Insurance.
The NAIC website provides additional information about the NAIC’s Consumer Participation Program and describes the application process to be appointed as either a funded or unfunded consumer representative.
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.