2027 Proposed Charges

The Pre-Disaster Mitigation and Risk Modeling Working Group will:

A. Create and coordinate resilience tools to assist state regulators in developing, enhancing, and maintaining state-based mitigation grant programs, ensuring consistency while allowing for state-specific adaptations to local priorities. Monitor the development of model laws, as well as their adoption and implementation by states.  Consider development of regulations on mitigation programs.

B. Analyze how natural catastrophe models assess risks to identify priority areas for community risk mitigation and advocate for additional funding.

C. Collaborate  with the NAIC Center for Excellence (COE) to establish research priorities in risk and mitigation; analyze long-term scenarios and strategies regarding on insurer solvency; provide specific training on catastrophe modeling and reinsurance strategies, as well as model evaluation oversight; enhance communication regarding risk reduction; and develop enhanced catastrophe exposure and reinsurance early-warning tools.

D. Develop formal coordination protocols between state departments of insurance (DOIs) and their respective State Emergency Management Agencies (SEMAs), recognizing SEMAs as primary applicants for Federal Emergency Management Agency (FEMA) pre-disaster mitigation grant programs (e.g., the Building Resilient Infrastructure and Communities (BRIC). This includes jointly identifying insurance-relevant mitigation priorities, aligning project proposals with insurance market objectives, and coordinating participation in FEMA grant application processes. Finalize the Disaster Preparedness Guide, and develop coordinated insurance-sector incident response and continuity framework.

E. Build partnerships with stakeholders involved in implementing and supporting risk mitigation actions.

F. Create communication materials addressing adaptation, resilience, and mitigation issues and solutions.

2026 Charges

The Pre-Disaster Mitigation and Risk Modeling Working Group will:

A. Create and coordinate resilience tools to assist state regulators in developing, enhancing, and maintaining state-based mitigation grant programs, ensuring consistency while allowing for state-specific adaptations to local priorities. Review status of current state programs and consider development of a model law related to mitigation programs.

B. Analyze how natural catastrophe models assess risks to identify priority areas for community risk mitigation and advocate for additional funding.

C. Collaborate with the NAIC Catastrophe Risk Management Center of Excellence (CAT COE) to establish research priorities in risk and mitigation, analyze long-term scenarios and strategies related to insurer solvency, provide specific training on catastrophe modeling and reinsurance strategies, and enhance communication regarding risk reduction.

D. Develop formal coordination protocols between state departments of insurance and their respective State Emergency Management Agencies (SEMAs), recognizing SEMAs as primary applicants for FEMA pre-disaster mitigation grant programs (e.g., BRIC). This includes jointly identifying insurance-relevant mitigation priorities, aligning project proposals with insurance market objectives, and coordinating participation in FEMA grant application processes.

E. Build partnerships with stakeholders involved in implementing and supporting risk mitigation actions.

F. Create communication materials addressing adaptation, resilience, and mitigation issues and solutions.