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The Market Actions Working Group (MAWG) identifies and reviews insurance companies which are exhibiting, or may exhibit, characteristics indicating a current or potential market regulatory issue that may impact multiple jurisdictions. The Working Group determines if regulatory action is being taken, and supports Collaborative Actions in addressing identified problems.
MAWG members are required to attend the quarterly NAIC National Meetings and participate in regular and special conference calls throughout the year.
MAWG is chaired by Rosanne Mead (IA) and vice chaired by Jim Bennett (FL).
Collaborative Action Designees (CADs)
Each state Commissioner appoints a Collaborative Action Designee (CAD) to be the liaison with the Market Actions Working Group, and to take responsibility for all communications related to Collaborative Actions. The CAD is responsible for communicating with other state CADs via the Market Regulation and Market Analysis Electronic Forums (Bulletin Boards). The CADs are also responsible to communicate to their own Department staff regarding Collaborative Actions and settlements affecting their state, and to provide recommendations to MAWG on these Actions, as authorized by their Commissioner.
To ensure consistency, each state is generally limited to one CAD, and NAIC Staff is directed to provide information about specific Collaborative Actions only to CADs.
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