NAIC Members Discuss U.S. Regulatory Updates, DE&I
NAIC Members participated on three panels at the Association of Bermuda Insurers and Reinsurers’ (ABIR) 16th Annual International Insurance Regulatory Dialogue in Brussels.
On her panel, Massachusetts Division of Insurance First Deputy Commissioner Rachel Davison discussed recent regulatory updates in the United States, including changes to the group capital calculation and supervisors' efforts on the NAIC's Climate and Resiliency (EX) Task Force. On his panel, Nebraska Department of Insurance Director Eric Dunning highlighted the NAIC's ongoing work on cross-border reinsurance.
During the lunch session, NAIC President and Missouri Department of Commerce and Insurance Director Chlora Lindley-Myers discussed her views on diversity, equity, and inclusion at the NAIC and the Missouri Department, as well as in the insurance industry more broadly.
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.