FOR IMMEDIATE RELEASE

NAIC WELCOMES INTERNATIONAL REGULATORS
Representatives from Six Countries Attend International Exchange Program

Kansas City, MO (Oct. 13, 2010) — The National Association of Insurance Commissioners (NAIC) welcomed 13 regulators from China, India, Korea, Lebanon, Republic of Srpska and Thailand to its International Internship Program for Education and Regulatory Cooperation. The fall program kicks off in Kansas City, Missouri this week before the regulators travel to the NAIC Fall National Meeting in Orlando, Florida next week.

The regulators will then travel to host states across the country before concluding at the NAIC Securities Valuation Office in New York City in late November. The program is structured to give each participant an overview of the broad principles of U.S. insurance regulation, as well as technical and specialized application of these principles at the state level.

States and territories hosting the interns this fall are the District of Columbia, Iowa, Michigan, Missouri, New York, North Carolina, Oklahoma, Pennsylvania, Texas and Virginia.

Started in 2004, the NAIC’s International Internship Program’s mission is to advance working relations with foreign markets, emphasizing the exchange of regulatory techniques and technology. The program is conducted twice a year in the fall and spring. At the completion of the 2010 fall program, 133 regulators from 23 countries will have participated in the 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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