US NAIC SPRING 2024 NATIONAL MEETING HIGHLIGHTS

The US National Association of Insurance Commissioners (“NAIC”) held its National Spring Meeting from March 14-18, 2024 in Phoenix. In a series of articles, members of our Insurance Industry Group provide meeting highlights and their takeaways on what the committees, tasks forces, and working groups discussed and reported on:

• Big Data and Artificial Intelligence (H) Working Group.
• Cybersecurity (H) Working Group.
• ESG-Related Initiatives: Special (EX) Committee on Race and Insurance and Climate and Resiliency (EX) Task Force.
• Investment-Related Initiatives: Statutory Accounting Principles (E) Working Group, Valuation of Securities (E) Task Force, Risk-Based Capital Investment Risk and Evaluation (E) Working Group, Capital Adequacy (E) Task Force, Financial Condition (E) Committee, and Risk-Focused Surveillance (E) Working Group.
• Life Actuarial (A) Task Force.
• Reinsurance (E) Task Force.
• Surplus Lines (C) Task Force.
• Third-Party Data and Models (H) Task Force.

Please contact any of the authors if you would like to further discuss any of the topics covered in this series.