FOR IMMEDIATE RELEASE
NAIC 2012 ANNUAL REPORT: SIX DEGREES
Highlights 2012 Regulatory Achievements
HOUSTON (April 6, 2013) - The National Association of
Insurance Commissioners (NAIC) today released its 2012 Annual Report,
"Six Degrees of NAIC: Reflecting. Connecting. Protecting."
Inspired by the theory of six degrees of separation, the report highlights
the association's notable accomplishments through the theme of
"This annual report's theme illustrates how state regulators evaluate
various aspects of the insurance marketplace by connecting with consumers,"
said Ben Nelson, NAIC Chief Executive Officer. "While the details of health
care, financial reform and international regulatory cooperation are
complex, they have a real-world impact on real people. Discovering how
public policy connects with the public in general is a unique
responsibility for our members."
Produced for approximately 20% of the cost of a traditional print version,
the online report offers enhanced information for readers by employing
interactive media to link readers to active, relevant content on the NAIC
The NAIC Annual Report provides an overview of regulatory activities in the
following areas: government relations, international insurance supervision,
Solvency Modernization Initiative, financial regulation, market regulation,
and consumer education. The report also features video messages from
officers, highlights and statistics, a gallery of photos, and a copy of the
NAIC's audited financial statements.
to view the online Annual Report.
About the NAIC
The National Association of Insurance Commissioners (NAIC) is the U.S.
standard-setting and regulatory support organization created and governed
by the chief insurance regulators from the 50 states, the District of
Columbia and five U.S. territories. Through the NAIC, state insurance
regulators establish standards and best practices, conduct peer review, and
coordinate their regulatory oversight. NAIC staff supports these efforts
and represents the collective views of state regulators domestically and
internationally. NAIC members, together with the central resources of the
NAIC, form the national system of state-based insurance regulation in the
U.S. For more information, visit www.naic.org.