FOR IMMEDIATE RELEASE

NAIC Accepting Applications for the 2017 SERFF Advisory Board

WASHINGTON, D.C. (Dec. 15, 2016) —The National Association of Insurance Commissioners (NAIC) is currently accepting applications for industry and consumer positions on the System for Electronic Rate and Form Filing (SERFF) Advisory Board. All board positions have a one-year term, beginning March 1 and ending Feb. 28 of the following calendar year.

The SERFF Advisory Board is a voluntary group, established by the NAIC Executive (EX) Committee in 2013 as the successor to the SERFF Board. The SERFF Advisory Board is composed of 11 members appointed by the NAIC Executive (EX) Committee. Six regulator positions will be held by the chief state insurance officials or their senior level staff designee. One position is held by the Interstate Insurance Product Regulation Commission (IIPRC) representative who is the organization's executive director or their designee.

The NAIC is currently accepting applications for three insurance industry positions representing the property/casualty, life and health insurance sectors. Each industry representative must be an employee of an insurance company and involved with the SERFF filing operations within their company. The consumer representative position is also open for an individual without a regulatory or industry affiliated employment relationship.

The application deadline is Jan. 17, 2017. Applicants will be notified in late February 2017 regarding their selection.

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.

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