NAIC’s Consumer Representative Application Period Closes Oct. 31
The National Association of Insurance Commissioners (NAIC) is currently accepting applications for the 2022 Consumer Participation Program.
Established in 1992, the Consumer Participation Program promotes consumer representation and interaction with the NAIC members by providing a way for individuals who are qualified consumer representatives of consumer organizations to participate in NAIC meetings. 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.
“This year marks 29 years that the Consumer Participation Program has been helping position the voice of the consumer at the forefront as state regulators address priorities that impact consumers,” said Colorado Insurance Commissioner and Chair of the Consumer Participation Program Committee, Michael Conway.
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. In order 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.
“Consumer protection is at the core of the NAIC’s mission. Consumer Representatives offer unique and diverse perspectives critical to helping guide decisions that impact consumers and I encourage candidates to apply,” said NAIC President and Florida Commissioner of Insurance, David Altmaier.
The following link to 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: /index.htmconsumer_participation.htm.
Individuals who do not need funding may apply to participate in the Consumer Participation Program as an unfunded consumer representative.
The application deadline is 5:00 pm Central Time on Oct. 31, 2021. All applicants are required to complete the application, sign the Conflict-of-Interest Statement, and attach all documents requested. Applicants will be selected in December and notified prior to the Spring National Meeting in 2022.
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.