FOR IMMEDIATE RELEASE

NAIC INTERNATIONAL INTERNSHIP PROGRAM EXPANDS TO INCLUDE NEW COUNTRIES
Thailand, Serbia and Saudi Arabia First Time Participants

KANSAS CITY, Mo. (April 24, 2008) - The National Association of Insurance Commissioners (NAIC) this week welcomed nine interns from Egypt, Serbia, Thailand and Saudi Arabia to the NAIC Executive Headquarters for its spring 2008 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 spring program include California, New York, Colorado, Alabama, Washington and Nebraska. The program concludes with attendance at the NAIC Summer National Meeting in San Francisco, May 31 - June 2, followed by closing ceremonies in Washington, D.C., June 4 - 6.

"This is a wonderful opportunity for the interns to learn about the U.S. system of insurance regulation and our numerous efforts to harmonize our system," said NAIC Executive Vice President and CEO Catherine J. Weatherford. "With the globalization of financial services, it is extremely valuable for insurance regulators to maintain a consistent dialogue and learn new supervisory methods from one another."

The NAIC developed the International Internship Program in 2004 to advance working relations with foreign markets, emphasizing the exchange of regulatory techniques and technology. To date, Arkansas, California, District of Columbia, Georgia, Hawaii, Illinois, Kentucky, Massachusetts, Montana, New Mexico, New York, North Carolina, Oklahoma, Pennsylvania, Ohio and Texas have hosted international regulators as part of the NAIC's intern program:

About the NAIC

Formed in 1871, 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 five U.S. territories. The NAIC has three offices: Executive Office, Washington, D.C.; Central Office, Kansas City, Mo.; and Securities Valuation Office, New York City.

The NAIC serves the needs of consumers and the industry, with an overriding objective of supporting state insurance regulators as they protect consumers and maintain the financial stability of the insurance marketplace. For more information, visit www.naic.org.

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