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FOR IMMEDIATE RELEASE INTERNATIONAL INTERNSHIP PROGRAM KANSAS CITY, Mo. (Oct. 23, 2007) — The National Association of Insurance Commissioners (NAIC) this week welcomed 10 interns from Bulgaria, China, Egypt and Lebanon to the NAIC Executive Headquarters for its fall 2007 International Internship Program. The seven-week program — which is conducted twice a year — includes a week in Kansas City for orientation and five weeks in a host state for more specialized training. Host states for the fall 2007 program include California, Georgia, Hawaii, New York, North Carolina, Montana and Ohio. The program concludes with attendance at the NAIC Winter National Meeting in Houston, Dec. 2 - 4, followed by closing ceremonies in Washington, D.C., Dec. 5 - 7. “International cooperation and collaboration continue to be critical components of the NAIC’s overall goals, as we work to help raise the level of insurance expertise worldwide,” said NAIC President and Alabama Insurance Commissioner Walter Bell, who also serves as vice chair of the International Association of Insurance Supervisors (IAIS) Executive Committee. “Through my work at the IAIS, I have found that it is increasingly worthwhile for insurance regulators to maintain a continuous dialogue and learn from one another through programs like this.” The NAIC developed the International Internship Program in 2004 to advance working relations with foreign markets, emphasizing the exchange of regulatory techniques and technology. Since the program’s inception, 39 interns from 13 countries have fully completed the training. To date, the following jurisdictions have hosted international regulators as part of the NAIC’s intern program: Arkansas, California, District of Columbia, Georgia, Hawaii, Illinois, Kentucky, Massachusetts, Montana, New Mexico, New York, North Carolina, Oklahoma, Pennsylvania and Texas. For more information about the NAIC International Internship Program, please visit www.naic.org/topics/topic_international_internship.htm.
About the NAIC Headquartered in Kansas City, Missouri, the National Association of Insurance Commissioners (NAIC) is a voluntary organization of the chief insurance regulatory officials of the 50 states, the District of Columbia and the five U.S. territories. The NAIC’s overriding objective is to assist state insurance regulators in protecting consumers and helping maintain the financial stability of the insurance industry by offering financial, actuarial, legal, computer, research, market conduct and economic expertise. Formed in 1871, the NAIC is the oldest association of state officials. For more than 135 years, state-based insurance supervision has served the needs of consumers, industry and the business of insurance at-large by ensuring hands-on, frontline protection for consumers, while providing insurers the uniform platforms and coordinated systems they need to compete effectively in an ever-changing marketplace. For more information, visit NAIC on the Web at: http://www.naic.org/press_home.htm.
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©2007 National Association of Insurance Commissioners. All rights reserved. | ||
