Communications Update
The communications department continues to develop materials to educate and inform consumers about the risks associated with catastrophes. In early June, the NAIC released What the Flood!, an online quiz that tests people’s knowledge of flood related insurance. We also hosted a Twitter chat in June that brought together several insurance departments, FEMA, IIHBS, insurance trades, meteorologists and the general public. It was a fun way to discuss the importance of being prepared for natural disasters and the critical role insurance plays in resilience.
In July, the communications department created a wildfire toolkit, available to all the DOIs and interested parties. This toolkit includes press releases, social media graphic and information about how to protect yourself against wildfires. An earthquake toolkit is in the works and will be available in the fall.
Check out “The Regulators” podcast! This new monthly podcast is hosted by NAIC CEO Mike Consedine. It provides listeners with an inside look at challenging insurance issues and offers the unique perspective of insurance regulators. The podcast is available on Spotify, Spreaker and wherever you get your podcasts.
In late August, the NAIC will release a toolkit around Life Insurance Awareness month for insurance departments across the country to utilize.
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.