FOR IMMEDIATE RELEASE

NAIC Releases 2015 Annual Report – To Serve and Protect in the Digital Age

WASHINGTON, D.C. (April 03, 2016) — The National Association of Insurance Commissioners (NAIC) today released its 2015 Annual Report. The report, “To Serve & Protect in the Digital Age,” illustrates how regulators are working together in the ever-evolving high-tech landscape to ensure the success and security of state-based regulation and provide consumer protections.

“This year’s theme demonstrates our commitment to strengthening state-based insurance regulation in the face of cyberattacks and protecting consumer rights,” said John M. Huff, NAIC President and Missouri Insurance Director. “We are constantly working to strengthen the vitality and stability of our system in the face of new challenges such as cybersecurity.”

The report provides a review of regulatory activities in the following areas: government relations, international insurance supervision, financial regulation, market regulation, operations, data and technology and consumer education.

“Regulators excel at finding solutions,” said Monica J. Lindeen, the NAIC’s most recent Past President and Montana Insurance Commissioner. “I’m very pleased with all we accomplished in 2015, especially in the area of consumer protection.”

The report features a welcome video highlighting the NAIC’s 2015 from the perspectives of Huff, Lindeen and NAIC Chief Operating Officer and Chief Legal Officer Andrew J. Beal. A copy of the NAIC's audited financial statements is also included.
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.

Visit the NEWSROOM for media resources, archived releases and alerts   Join Our E-mail List to receive the latest news releases and other information from the NAIC Communications Division
  RSS Feed You Tube LinkedIn Facebook Twitter  
NAIC Web Site | State Insurance Department Sites | Copyright & Reprint Info | Privacy Statement ]
©2016 National Association of Insurance Commissioners. All rights reserved.