On March 23–26, the National Association of Insurance Commissioners (NAIC) will hold its hybrid 2025 Spring National Meeting in Indianapolis, Indiana. State and U.S. territory insurance regulators, industry representatives, and other stakeholders domestically and abroad will discuss current and emerging issues, make progress in industry initiatives, and gain critical insights.

Each year, the NAIC’s Spring, Summer, and Fall National Meetings highlight the collaboration and coordination that set the U.S. state-based insurance regulatory system apart and fuel its success.

With over 2,000 attendees registered to participate, the 2025 Spring National Meeting comes at a pivotal time, as state insurance regulators tackle issues such as increasingly severe natural disasters and inflation. On March 24, NAIC President and North Dakota Insurance Commissioner Jon Godfread will deliver the event’s keynote address, where he will discuss the NAIC’s priorities and work in 2025.

“For over 150 years, the NAIC has been dedicated to maintaining fair and stable insurance markets, leveraging state-driven innovation to address local needs,” said NAIC President and North Dakota Insurance Commissioner Jon Godfread. “As insurance regulators, we are in a defining moment, where our role is more critical than ever in supporting our communities and consumers, ensuring they remain resilient in the face of the many challenges shaping the insurance landscape and impacting Americans’ financial outlook.”

The meeting will build details around key consumer protection and industry stability initiatives outlined in the February release, including:

• Emphasizing pre-disaster mitigation efforts
• Developing cybersecurity incident and market-disruption frameworks
• Advancing Risk-Based Capital (RBC) modernization
• Enhancing consumer privacy protections
• Enforcing annuity protections for consumers
• Monitoring the implementation of the Aggregation Method (AM)
• Protecting consumer access to health insurance options

In Indianapolis, the NAIC will hold committee, task force, and working group meetings to address the issues facing consumers, markets, and the industry domestically and globally.

A special session hosted by the NAIC’s Center for Insurance Policy and Research (CIPR) will feature a notable topic:

• "Back to Basics: Residual Markets" – Tuesday, March 25, 1:00–2:30 p.m. EDT
  • In light of recent natural disasters, this session will examine the historical development and structure of residual markets, which play a crucial role in providing coverage to consumers who struggle to secure homeowners' insurance. The discussion will offer foundational insights to inform future policy decisions.

“As our industry navigates a rapidly evolving marketplace, the NAIC Spring National Meeting provides a great opportunity for regulators and industry leaders to collaborate on consumer-focused solutions,” said NAIC Secretary-Treasurer and Utah Insurance Commissioner Jon Pike. “Through our commitment to advancing state-based regulation and being agile in the face of change, we can ensure a strong, resilient insurance marketplace that effectively protects policyholders nationwide.”

For more information on the NAIC’s 2025 Spring National Meeting, visit the NAIC website.