Preview: NAIC Spring 2026 National Meeting

The National Association of Insurance Commissioners (the “NAIC”) will hold its Spring 2026 National Meeting (the “Spring National Meeting”) from March 22 to March 25, 2026. The hybrid format will consist of meetings taking place virtually and in person in San Diego, California. Willkie attorneys will attend to follow the key topics listed below, among others. A link to the full agenda for this meeting is available here. Please contact any of the attorneys listed below if you would like to discuss these or other topics before or after the Spring National Meeting.

• The Financial Condition (E) Committee will receive updates on the proposed changes to collateral loan risk-based capital (“RBC”) for life insurers. The committee will also consider adopting property/casualty RBC proposal 2025-20-CR on wildfire regional catastrophe (“rCAT”) implementation. The expected activities of the committee’s working groups and task forces at the Spring National Meeting include:
  • The Statutory Accounting Principles (E) Working Group will introduce and is expected to expose proposals for disclosures for funding agreement-backed notes (“FABNs”) and other funding agreement-backed structures, valuation of funds withheld, and asset liability management (“ALM”) derivatives.

Click here for a preview of some of the key topics that Willkie attorneys will be following at the upcoming Fall National Meeting.