State Insurance Regulators to Meet with Federal Legislators During NAIC 2023 Commissioner DC Fly-In
On April 25-27, the National Association of Insurance Commissioners (NAIC) will hold its 2023 Commissioner DC Fly-In. The annual event offers state insurance regulators the opportunity to meet with their members of Congress, discuss efforts to assist constituents, and advocate for state and NAIC priorities.
This year, chief insurance regulators plan to discuss:
- Enacting a long-term reauthorization of the National Flood Insurance Program (NFIP)
- Protecting policyholders during an insurance receivership
- Strengthening health insurance markets and returning oversight of Medicare Advantage marketing to the states
- Opposing federal preemption of state data privacy and cybersecurity safeguards
- Preventing consumer protections in property insurance from being undermined by expanded risk retention groups
- Passing:
- Legislation to provide state insurance regulators a vote on the Financial Stability Oversight Council (FSOC)
- The Empowering States to Protect Seniors Act to support state regulators’ efforts to target senior fraud.
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.