The National Association of Insurance Commissioners issued the following news release:
Members of the National Association of Insurance Commissioners (NAIC) voted to increase the number of NAIC funded consumer representatives from 20 to 22 for 2017.
“The NAIC Consumer Liaison Program is essential to our work to educate and protect consumers,” said NAIC President-Elect and Wisconsin Insurance Commissioner Ted Nickel. “Consumer voices help us shape model regulations and laws ultimately benefitting all U.S.consumers. We appreciate the input these representatives have shared through the years and look forward to celebrating the program’s 25th anniversary next year.”
The Consumer Liaison Program (http://www.naic.org/consumer_participation.htm) was established in 1992 to encourage consumer representation and participation in NAIC meetings. The NAIC provides reimbursement for travel expenses for qualified funded consumer representatives to enable their participation.
The application process (http://www.naic.org/Releases/2016_docs/naic_seeks_2017_consumer_liaison_representatives.htm) for 2017 consumer representatives is currently in process and representatives will be announced early next year.
About the NAIC
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S. For more information, visit www.naic.org.
Source: InsuranceNewsNet