It is with great sorrow that we announce that Indiana Insurance Commissioner Carol A. Cutter passed away Monday, September 6, 2010.

"We are deeply saddened to hear of the passing of our colleague, Indiana Insurance Commissioner Carol Cutter. Carol brought a wealth of experience and expertise to her job and her dedication to the people in her state was beyond comparison. We extend our thoughts and condolences to Carol's family and loved ones."

- Jane L. Cline, NAIC President & West Virginia Insurance Commissioner

Obituary & tributes...

The National Association of Insurance Commissioners (NAIC) is accepting applications for the 2011 Consumer Liaison Program.

Established in 1992, the Consumer Liaison Program promotes consumer representation and interaction with the NAIC members by providing funding for qualified consumer representatives to participate in NAIC meetings.

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More Information on the NAIC Consumer Liaison Program 

NAIC Selects Blackrock Solutions to Model Commercial Mortgage-Backed Securities

The NAIC has selected Blackrock Solutions to assist state regulators as they determine risk-based capital (RBC) requirements for the commercial mortgage- backed securities (CMBS) held by insurers. As the third-party financial modeler, Blackrock Solutions will assist in the assessment of more than 7,000 CMBS holdings by U.S. insurance companies at the end of 2010, measured in terms of unique Committee on Uniform Security Identification Procedures (CUSIPs). Blackrock Solutions will coordinate with the NAIC to develop expected losses for each CMBS CUSIP, allowing insurance companies to map their CMBS holdings to the appropriate RBC designation and accompanying solvency requirements.

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Click HERE to view the NAIC Conference Call calendar.