FOR IMMEDIATE RELEASE

STATE REGULATORS EDUCATE AMERICANS ON INSURANCE, CONSUMER RIGHTS
Achievements Highlighted During National Roundtable

WASHINGTON, D.C. (Oct. 15, 2008) - Several members of the National Association of Insurance Commissioners (NAIC) played key roles at a National Roundtable on Insurance Literacy, held today at the U.S. Treasury Department.  

Florida Chief Financial Officer Alex Sink served as the program's keynote speaker, kicking off a full day of panel discussions about insurance education. Sink highlighted the NAIC's award-winning "Insure U: Get Smart About Insurance" consumer-education campaign; the states' emergency response to disasters; and the My Safe Florida Home program.

"In Florida, and on a national level at the NAIC - disaster preparedness has become the hallmark of our consumer awareness," Sink said. "Working together, we are creating a better insurance environment for consumers and sharing our successes with other states facing similar situations."

Later in the day, several state insurance regulators participated in a panel discussion titled, "What Americans Should Know About Insurance and Regulation." Panel participants included:

• Nonnie Burnes, Massachusetts Insurance Commissioner
• Glenn Wilson, Minnesota Insurance Commissioner
• Scott Richardson, South Carolina Insurance Director
• Andy Beal, NAIC Acting Executive Vice President and CEO

Panelists discussed the many successful state-based initiatives to educate Americans about insurance and consumer rights. The panel presentation also included screenings of the NAIC's public service announcements (PSAs) on disaster preparedness, insurance fraud and long-term care insurance.

All three PSAs support the overarching consumer advocacy message of the Insure U campaign. Using a university-like curriculum of credible, unbiased information, Insure U helps consumers learn about their changing insurance needs. Available in English and Spanish, the program also includes information specifically tailored to small business owners. Since its inception in 2006, Insure U has reached more than 1.25 billion consumers.

Click HERE for more information about Insure U.

Click HERE for more information about disaster preparedness.

Click HERE for more information about insurance fraud.

Click HERE for more information about long-term care insurance.

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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