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National Association of Insurance Commissioners updates collection
Explore our library of insights and highlights of the NAIC meetings
The regulatory landscape for insurers continues to be challenging and evolving both domestically as well as internationally. Follow Deloitte’s NAIC updates covering the National Association of Insurance Commissioner’s meetings, highlighting key regulatory activities, committees, working groups and task forces for insurers to stay ahead of regulatory trends and discussions.
- Summer 2016
- Spring 2016
- Winter 2015
- Summer 2015
- Spring 2015
- Winter 2014
- Summer 2014
- Spring 2014
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NAIC update: Spring 2018
The National Association of Insurance Commissioners (NAIC) held its 2018 Spring National Meeting in Milwaukee, Wisconsin March 24‒27. Outside the Wisconsin Convention Center, the recent court decision blocking implementation of the Department of Labor’s (DOL) fiduciary rule for retirement products and a rising bipartisan effort to amend the Dodd-Frank Act sowed uncertainty about federal regulatory policy. But inside the center’s walls, commissioners remained focused on plans and priorities for moving forward.
Download NAIC update: Spring 2018
NAIC update: Winter 2017
A ray of optimism broke through the storm clouds and nuclear warning sirens at the 2017 fall meeting of the National Association of Insurance Commissioners (NAIC) held in Honolulu, Hawaii.
Commissioners took the opportunity to reflect on their accomplishments of the past year and appreciate the current strong standing of state insurance regulation. Adding to the merriment, the US Department of Treasury released its latest report, which reaffirmed the primacy of state insurance regulation.
Download NAIC update: Winter 2017
NAIC meeting update: Summer 2017
Held in Philadelphia, the NAIC Summer 2017 National Meeting was a low-key, but productive one. Cybersecurity, federal and state regulations, consumer protection, and data management were the dominant themes for this quarter’s gathering. The complete recap of the NAIC summer 2017 national meeting includes a detailed summary of the accounting and reporting changes discussed, adopted, and exposed during the summer meeting and interim conference calls.
Download NAIC update: Summer 2017
NAIC update: Spring 2017
The theme of adapting to change—so prevalent at the December 2016 meeting of NAIC—continued at the spring meeting in Denver. With a new year underway and a new presidential administration in place, there was more than enough uncertainty to go around. But that didn’t stop NAIC leaders and members from looking and moving forward on a number of fronts.
Download NAIC update: Spring 2017
NAIC update: Winter 2016
New leadership. A cybersecurity model act postponed. Principle-based reserving (PBR) implementation. Catastrophic risk charge on the way. The December meeting of the National Association of Insurance Commissioners (NAIC) was one of heightened change. Read our report for a play by play of the pressing topics that can impact your organization.
Download NAIC update: Winter 2016
NAIC update: Summer 2016
Each National Association of Insurance Commissioners (NAIC) meeting is highly newsworthy and eagerly anticipated. This summer’s session was no exception. How did the insurance regulation industry react to the latest proposed cybersecurity model act? Will mandatory arbitration clauses be this year’s unclaimed benefits consumer issue? How are US insurers and reinsurers being affected by international developments? Discover the answers to these questions, and more, in Deloitte’s new NAIC update.
Download NAIC update: Summer 2016
NAIC update: Spring 2016
The NAIC spring national meeting was bookended by two external happenings that illustrated the changing nature of US insurance regulation: A federal court ruling on the Systemically Important Financial Institutions (SIFI) designation process and the Department of Labor rule on the fiduciary role of investment advisors. Both events may have a significant impact on insurance regulation. Yet, what happened in between? Issues at the NAIC table, including a proposed cybersecurity model law and a group capital calculation metric, highlights the ongoing importance and primacy of state regulation.
Download NAIC update: Spring 2016
NAIC update: Winter 2015
The Winter 2015 National Association of Insurance Commissioners (NAIC) meeting was held in National Harbor, MD. Major items include PBR pilot project details unveiled, working group to review life policy summaries, narratives, reinsurance model changes draw concerns over scope, and NAIC begins plans for TRIA data collection.
Download NAIC update: Winter 2015
NAIC update: Summer 2015
The Summer 2015 National Association of Insurance Commissioners (NAIC) meeting was held in Chicago, IL. Major items of interest include the next steps of insurance regulation, trade groups supportive of covered agreement, PBR pilot coming, focus continues on cybersecurity.
Download NAIC update: Summer 2015
NAIC update: Spring 2015
The Spring 2015 National Association of Insurance Commissioners (NAIC) meeting was held in Phoenix, AZ. Major items of interest include the adoption of ridesharing coverage compromise; continued opposition to international capital standards; positive reviews for the ORSA Pilot, and cyber security moving to the top of the list.
Download NAIC update: Spring 2015
NAIC update: Winter 2014
The Winter 2014 National Association of Insurance Commissioners (NAIC) meeting was held in Washington, DC. Major items of interest include coverage of corporate governance enhancements that were adopted, the recognition of cyber security importance, and the NAIC as it advances its new regulatory agenda.
Download NAIC update: Winter 2014
NAIC update: Summer 2014
The NAIC Summer 2014 meeting features the following: NAIC adopts corporate governance model act and regulation; Revised Rector Report adoption means new framework for XXX/AXXX captives; Regulators air internal disagreements over NAIC governance; Closing doors at the IAIS cause widespread grumbling; Forum on capital hears many concerns about standards.
Download NAIC update: Summer 2014
NAIC update: Spring 2014
The NAIC Spring 2014 meeting features the following: Rector Report on captives gets mixed reviews; NAIC issues report on auto insurance availability and affordability; Corporate governance of the NAIC gets attention; Risk officers question global capital requirements; TRIA renewal gets strong support.
Download NAIC update: Spring 2014