NAIC Report: 2021 Spring National Meeting
Client Alert April 28, 2021
The 2021 Spring National Meeting of the National Association of Insurance Commissioners (the “Spring National Meeting”) was held from April 7-9 and 12-14, 2021. The Spring National Meeting marked the NAIC’s fourth national meeting held in a virtual format.
In his inaugural National Meeting as NAIC President, Florida Insurance Commissioner David Altmaier opened the Spring National Meeting by reflecting on the past 150 years of accomplishments of the NAIC, discussing actions that the organization has taken to navigate unprecedented challenges faced by the insurance industry for more than a century and its ongoing commitment to consumer protection. He noted that with issues the insurance markets face today in light of the ongoing pandemic, the past can help to inform both the present and the NAIC’s plans for the future.
At the Spring National Meeting, the NAIC unveiled a new logo to be showcased on the organization’s website and documents, with interlocking “Cs” to reflect the NAIC’s underlying values of commitment to community, emphasis on collaboration and focus on consumer protection.
This report summarizes some of the key activities at the Spring National Meeting and, as indicated, NAIC interim meetings and conference calls and other developments leading up to and following the meeting, that may be of interest to our clients in the insurance industry.