The National Association of Insurance Commissioners (NAIC) held its 2023 Fall Meeting on November 30-December 4 in Orlando, Florida. During the meeting, AAIS spoke with Kathleen Birrane, Insurance Commissioner for the Maryland Insurance Administration, to discuss the mission of the NAIC H Committee, updates from the H Committee working groups, and key initiatives for Maryland. 

The National Association of Insurance Commissioners (NAIC) held its 2023 Fall Meeting on November 30-December 4 in Orlando, Florida. During the meeting, AAIS spoke with Kevin Gaffney, Commissioner of Insurance for the Vermont Department of Financial Regulation, to discuss the biggest challenges facing the industry, how the regulatory community is responding to them, updates on “big data” from the NAIC H Committee, and new initiatives for the state of Vermont.

As part of the AAIS Webinar Series, AAIS hosted a virtual presentation on June 13, 2023, featuring AAIS Partner, Davies. Moderated by AAIS Personal Lines Product Manager, Linda Jancik, the session explored how wind models are created, used, and regulated. Featured guest speakers, Greg Fanoe, Director & Consulting Actuary at Davies, Sandra Darby, Property & Casualty Division Actuary at the Maine Bureau of Insurance, and Shaveta Gupta, Catastrophe Risk & Modeling Actuary at the NAIC, discussed how this data is gathered from inside the storm, why it’s collected, and how it is used by insurance carriers to price policies. The panel also analyzed hurricane models from the regulation side, explaining how regulators use this data to develop legislation to further protect consumers and ensure a healthy market.

In the AAIS Pulse session Commissioner’s Corner: Catching Up with National & State Insurance Regulators, host Lori Dreaver Munn, Director of Compliance and Government Relations at AAIS spoke with multiple leading regulators for their insights on trending regulatory topics including Jon Godfread, Insurance Commissioner for the North Dakota Insurance Department and NAIC Vice President. In this interview, Godfread talked about potential repercussions from the Silicon Valley Bank fallout and FDIC bailout, POC testing with openIDL, top initiatives for North Dakota, and more.

In the AAIS Pulse session Commissioner’s Corner: Catching Up with National & State Insurance Regulators, host Lori Dreaver Munn, Director of Compliance and Government Relations at AAIS spoke with multiple leading regulators for their insights on trending regulatory topics including Scott White, Commissioner of the Virginia State Corporation’s Bureau of Insurance and NAIC Secretary-Treasurer. In this interview, White talks about his top issues of concern for the NAIC in 2023, artificial intelligence (AI) and blockchain in insurance, key initiatives for the state of Virginia, and more.

In the AAIS Pulse session Commissioner’s Corner: Catching Up with National & State Insurance Regulators, host Lori Dreaver Munn, Director of Compliance and Government Relations at AAIS spoke with multiple leading regulators for their insights on trending regulatory topics including Andrew Mais, Commissioner of the Connecticut Insurance Department and NAIC President-Elect. In this interview, Mais talked about his reaction to Mike Consedine’s departure from the NAIC, major initiatives for the NAIC in 2023, modernizing policy reviews in Connecticut, and more. 

In the AAIS Pulse session Commissioner’s Corner: Catching Up with National & State Insurance Regulators, host Lori Dreaver Munn, Director of Compliance and Government Relations at AAIS spoke with multiple leading regulators for their insights on trending regulatory topics including Chlora Lindley-Myers, Director of the Missouri Department of Commerce and Insurance and NAIC President. In this interview, Lindley-Myers discussed her approach going into this year’s presidency, initiatives currently underway for 2023, progress in the area of Diversity, Equity, and Inclusion (DEI) in the insurance industry, and more. 

For this Advisory Report, AAIS sat down with Ryan Purdy, Director at Merlinos & Associates - a Davies Company, to discuss key takeaways from the recent Florida Chamber of Commerce Insurance Summit. He also touched on key trends to look for moving into 2023 as well as updates specifically seen across the Florida insurance market.

For this Regulatory Brief, AAIS sat down with Kathleen Birrane, Maryland Insurance Commissioner, to discuss issues related to the cyber risk and insurance market.

For this Regulatory Brief, AAIS speaks with Eric Dunning, Director of the Nebraska Department of Insurance, to discuss insurtechs and the importance of the annual Insurtech on the Silicon Prairie meeting.