2022 All Commissioner Virtual Fly-In
April 27 - 28, 2022
Additional Document Details
Detailed Breakdown on Priorities and Letters to Congress
Briefings for Congress
The NAIC opposes legislation that would expand the scope of the Liability Risk Retention Act of 1986 (LRRA) to allow Risk Retention Groups (RRGs) to write commercial property insurance for non-profits. The limited oversight of RRGs due to the LRRA’s preemptive regulatory framework, coupled with the increased risk of RRG insolvencies and that potential danger to the state-run guaranty fund protection, could expose nonprofit organizations and those who rely upon them to unnecessary risks.
The NAIC supports legislation to help protect policyholders during an insurance receivership.
The NAIC supports a long-term reauthorization of the National Flood Insurance Program (NFIP)
The NAIC supports the “Primary Regulators of Insurance Vote Act (H.R. 3099)” to provide state insurance regulators a vote on the Financial Stability Oversight Council (FSOC).
NAIC Letters to Congress
Letter to Congress regarding NAIC's perspective on S&P Global’s (S&P) proposal to revise its methodology for assessing insurers’ financial strength, Insurer Risk-Based Capital Adequacy – Methodology and Assumptions.
NAIC support letter for the “Empowering States to Protect Seniors from Bad Actors Act (S. 3529/H.R. 5914).”
NAIC letter responding to the Federal Insurance Office's Request for Information (RFI) on the insurance sector and climate-related financial risks