NAIC Now Accepting Applications for 2024 Consumer Representatives
Today, the National Association of Insurance Commissioners (NAIC) announced it is accepting applications for the 2024 Consumer Participation Program, with a deadline of 5:00 p.m. CT, Oct. 31, 2023.
Established in 1992, the Consumer Participation Program promotes consumer representation and interaction with NAIC Members by providing for qualified applicants to participate in NAIC meetings as individuals or as consumer representatives of consumer organizations. 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.
“The NAIC’s Consumer Participation Program offers a unique and exciting opportunity to be a voice for consumers and have an impact on decisions concerning today’s most pressing insurance regulatory issues,” said NAIC President and Missouri Department of Commerce and Insurance Director Chlora Lindley-Myers.
“It’s an honor to chair the NAIC’s Consumer Liaison Committee and see the hard work, dedication, and important contributions of our consumer representatives throughout the year as we work together to protect consumers and the insurance marketplace,” said Oregon Insurance Commissioner and Department of Consumer and Business Services Director Andrew R. Stolfi.
One option for individuals to participate in the Consumer Participation Program is for the NAIC to provide funding in the form of travel expense reimbursement. To qualify for such funding, 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.
Individuals who do not need funding may apply to participate in the Consumer Participation Program as unfunded consumer representatives.
All applicants are required to complete the application, sign the Conflict-of-Interest Statement, and attach all requested documents. Applicants will be selected in December and notified prior to the Spring National Meeting in 2024.
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.