NAIC Members Discuss AI, the Evolving Investment Landscape, Protection Gaps, and More at PROGRES 2026 and ABIR Dialogue
In September, NAIC commissioners and staff participated in two events in Brussels, Belgium: the Geneva Association’s Programme on Regulation and Supervision (PROGRES) 2026 and the Association of Bermuda Insurer and Reinsurers (ABIR) 19th Annual International Insurance Regulatory Dialogue.
This year’s PROGRES theme was "The New Insurability Frontier: Policy and Regulation for Today’s Global Risks."
Florida Insurance Commissioner Michael Yaworsky participated on the panel “Governing AI at the Speed of Innovation,” during which he highlighted state insurance regulators' oversight of insurers’ implementation and use of artificial intelligence.
During the ABIR Dialogue, Virginia Insurance Commissioner and NAIC President Scott White joined the panel “Ten Years of Solvency II Equivalence: A Review of the Value of Equivalence and Other Forms of Mutual Recognition.” Commissioner White highlighted the NAIC’s experience with its qualified/reciprocal jurisdiction process and the importance of communication and collaboration as part of supervising cross-border reinsurance.
During the panel “Evaluating the Quality of Credit: Issues for Regulation, Securitisation and Private Debt and Assets,” Nebraska Department of Insurance Director Eric Dunning discussed state insurance regulators and the NAIC's work in the evolving investment landscape.
On the panel, “Leveraging Insurance Capacity and Expertise to Reduce the Protection Gap,” Commissioner Yaworsky focused on Florida’s homeowners insurance market reforms, as well as other initiatives to reduce protection gaps and improve resiliency.
NAIC representatives also held a bilateral meeting with the Bermuda Monetary Authority on the sidelines of the event.
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. State insurance regulators, through the NAIC, 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.