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2015 Financial Summit
NAIC 2015 Financial Forum

More than 500 state regulators, consumer advocates and industry professionals attended the NAIC’s 2015 Financial Summit in Kansas City, Mo. Adam Hamm, NAIC Immediate Past President and North Dakota Insurance Commissioner, hosted the opening session, which addressed cybersecurity in the insurance industry. The annual summit runs from May 27 through May 29.

View agenda and materials here

2015 International Insurance Forum
International Insurance Forum

The 2015 International Insurance Forum kicked off today by exploring developments and progress in international insurance regulation in the context of the global financial services markets. Leaders from the NAIC gathered to discuss global insurance matters including panels on cybersecurity, governance and group supervision. The forum attracted nearly 300 attendees including regulators from 20 jurisdictions, representing about 90 percent of global insurance premium. The forum continues tomorrow with panels on international standards and crisis prevention.

View agenda and materials here

International Insurance Forum Focuses on Key Issues
Cybersecurity, Crisis Prevention, Global Insurance Standards on Forum Agenda
Monica J. Lindeen
NAIC President and State Auditor Montana Office of the Commissioner of Securities & Insurance Monica J. Lindeen
NAIC President and Montana Commissioner of Securities and Insurance
Nearly 300 attendees from around the world are attending the NAIC's International Insurance Forum, which began Thursday. Topics from the forum include cybersecurity, crisis prevention and CEO perspectives on international insurance standards.

Monica J. Lindeen, NAIC President and Montana Commissioner of Securities and Insurance, opened the forum Thursday morning with a welcome. The attendees include regulators from about 20 jurisdictions, representing about 90 percent of global insurance premium. Panel participants and attendees for the forum, which is in its ninth year, also include consumer groups, industry and academia.

Full Story

5/12/2015 - NAIC statement on discussion draft of "The Financial Regulatory Improvement Act of 2015"
Statement from Monica J. Lindeen, NAIC President and Montana Commissioner of Securities and Insurance:

"We applaud Chairman Shelby's leadership in releasing a discussion draft of "The Financial Regulatory Improvement Act of 2015." While we are still reviewing the details of the proposed legislation, we were very pleased to see the inclusion of the bipartisan Policyholder Protection Act and International Insurance Capital Standards Accountability Act, as well as reforms to the Financial Stability Oversight Council's non-bank designation and annual reevaluation processes. These critical provisions will protect insurance consumers, encourage more transparency regarding international insurance standard-setting discussions, and help reduce systemic risk in our financial system. We look forward to working with the Chairman and members of the Senate Banking Committee as this legislation moves forward."

U.S. Senate Banking Committee Release