FOR IMMEDIATE RELEASE

NAIC NOW ACCEPTING APPLICATIONS FOR 2010 CONSUMER LIAISON REPRESENTATIVES

WASHINGTON, D.C. (Nov. 9, 2009) — The National Association of Insurance Commissioners (NAIC) is now accepting applications for the 2010 Consumer Liaison Program.

Established in 1992, the Consumer Liaison Program promotes consumer representation and interaction with the NAIC members by providing funding for qualified consumer representatives to participate in NAIC meetings.

“Consumer representatives are a valuable and integral voice in the regulatory dialogue,” said Roger Sevigny, NAIC President and New Hampshire Insurance Commissioner. “The liaison program provides an insightful exchange of perspectives that ultimately assists state regulators and benefits consumers.”

“We welcome applicants who are interested in taking advantage of a unique opportunity to contribute to the regulatory process from a consumer standpoint,” said Kevin McCarty, Chair of the NAIC Consumer Board of Trustees and Florida Insurance Commissioner. “Continuing this tradition of information sharing and integration reflects our ongoing commitment to addressing consumer protection and education.”

The NAIC defines a consumer organization as a national, state, or local organization that serves to protect the interests of consumers as they relate to the regulation of insurance. In order to qualify for funding, a candidate shall:

• Have a commitment to representing consumer interests in insurance regulation;
• Represent a non-profit organization;
• Be willing to fully participate in NAIC national meetings and related conference calls;
• Have demonstrated expertise and experience on insurance-related issues addressed by the NAIC;
• Not have obligations or commitments to an industry that conflict with his/her responsibilities to represent consumer interests; and
• Require NAIC funding in order to fully participate in NAIC national meetings and conference calls.

Consumer organizations which do not want or need funding can apply for an unfunded consumer representative position.

The application deadline is Dec. 31, 2009. All applicants are required to complete the application and attach all documents requested. Applicants will be notified in early February 2010 regarding their selection as a funded or unfunded consumer representative.

Click HERE for additional information about the NAIC’s Consumer Liaison Program and the application process for either a funded or unfunded consumer representative.

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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