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NAIC Holds Bilateral Meeting with ASSAL
On May 3, the National Association of Insurance Commissioners (NAIC) and the Asociación de Supervisores de Seguros de América Latina (ASSAL) held a bilateral meeting on the sidelines of the ASSAL Annual Conference in San Jose, Costa Rica. The NAIC provided updates on a variety of its initiatives, including data privacy, climate resiliency, and DE&I. The NAIC also discussed continuing opportunities for cooperation and collaboration with ASSAL and its membership.
Participants from the NAIC included NAIC President and Missouri Department of Commerce and Insurance Director Chlora Lindley-Myers, California Insurance Commissioner Ricardo Lara, and Puerto Rico Insurance Commissioner Alexander S. Adams Vega.
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.