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Jan. 11, 2023

The Regulators S5 E1: Introducing the NAIC's New Secretary-Treasurer

Welcome to The Regulators! NAIC CEO Mike Consedine kicks off 2023 and season five by welcoming the NAIC’s newly elected Secretary-Treasurer, Commissioner Scott White of the Virginia Bureau of Insurance. Commissioner White shares his thoughts on how the NAIC's culture benefits state regulation, outlines why he wanted to take on this new role, and discusses pressing issues facing consumers and regulators.

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Transcript

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.