FOR IMMEDIATE RELEASE
NAIC ESTABLISHES AMERICAN INDIAN
WASHINGTON, D.C. (April 11, 2013) - The Executive
Committee of the National Association of Insurance Commissioners (NAIC) has
approved the formation of an American Indian Liaison Committee. The
committee will address insurance issues involving the cooperation and
relationship between sovereign states and sovereign tribal nations.
"The committee will provide a forum for discussion of insurance issues
unique to the American Indian community," said Jim Donelon, NAIC
President and Louisiana Insurance Commissioner. "This decision reflects our
commitment to fostering an inclusive and equitable marketplace for the
benefit of all insurance consumers."
"The federal government has formally recognized more than 560
tribes residing in 34 states throughout the U.S.," said John D. Doak,
who serves as Oklahoma Insurance Commissioner and introduced the proposal.
"This fact underscores the need for dialogue in addressing state and
tribal cooperation in the insurance industry."
Committee leadership, membership, and charges will be considered in the