National Association of Insurance Commissioners (NAIC)

Your online safety is more important than ever. Cyber attacks that expose sensitive, personal information are happening more often. According to the Identity Theft Resource Center, more than 1.7 billion data breach notices were issued in the United States in 2024, a 312% increase from 2023. October is Cybersecurity Awareness Month, and as cybersecurity incidents continue to rise, consumers can trust that state insurance regulators are prioritizing ways to protect them from these risks. To address these risks, the NAIC developed the Insurance Data Security Model Law (#668), which requires insurers and licensees to maintain robust information security programs, investigate cyber incidents, and notify regulators when breaches occur. The NAIC Innovation, Cybersecurity, and Technology (H) Committee and its Cybersecurity (H) Working Group continue to advance this critical work by exploring and evaluating the creation of a centralized cyber event reporting portal and developing compliance resources. You can view the model law here: https://ow.ly/AvuX50XfQIg. This Cybersecurity Awareness Month and year-round, the NAIC encourages consumers to take simple steps to protect themselves and their information online: • Use multi-factor authentication as additional security to keep unauthorized users from accessing accounts.  • Update software regularly and consider setting up automatic updates.   • Use strong passwords. Consider using a password generator and manager to create unique login credentials.   • Click with caution.  According to the Cybersecurity and Infrastructure Security Agency (CISA), more than 90% of successful cyberattacks start with phishing emails.   Additional safety measures can be found here: https://ow.ly/xGul50XfQIh. Consumers can contact their state/territory department of insurance for questions about protecting personal data shared with insurers: https://ow.ly/KWAp50XfQIf To report cybercrimes, visit the Internet Crimes Complaint Center: https://ow.ly/66Xj50XfQIi #CybersecurityAwarenessMonth #ConsumerProtection #InsuranceRegulation #Insurance

This week, the National Association of Insurance Commissioners (NAIC) marks 20 years of the International Fellows Program with the start of the fall 2025 in-person session. I was happy to welcome 10 foreign regulators, from Bermuda, the Cayman Islands, Georgia, Ghana, India, Panama, Saudi Arabia, and Thailand to Kansas City for a week of training with the #NAIC. These fellows will next be hosted by insurance departments in Connecticut, the District of Columbia, Louisiana, Nebraska, Ohio, Pennsylvania, and Virginia for the fall 2025 program. Read more: https://ow.ly/WWGe50X8MQH

Now #Hiring: Washington State Office of the Insurance Commissioner Position: Actuary 3 Compensation: $11,891.00 - $15,997.00 Monthly Job Description: Are you an experienced actuary looking to take the lead in work that truly matters? Join the OIC and help drive meaningful change in Washington’s health and disability insurance landscape. In this high-impact leadership role, you'll directly contribute to OIC’s mission to protect consumers, ensure a fair and competitive insurance market, and improve customer service. You won’t just review numbers—you’ll help shape policy, influence regulation, and guide a talented team of analysts doing work that touches the lives of millions. The duties of the position include, but are not limited to: • Review and take actions on the rate filings submitted by health insurance carriers and perform actuarial work for financial analyses and financial examinations of domestic health insurance carriers. • Review and take actions on the rate filings submitted by health insurance carriers and perform actuarial work for financial analyses and financial examinations of domestic health insurance carriers. • Performing calculation of reserves of domestic health and disability insurance carriers. • Discussing findings with the financial examination team and carriers and writing actuarial reports. • Supervising and directing health and disability actuarial analysts. Apply Here: https://ow.ly/vsUY50X9MLP Contact: Carmelyn Russell, recruitment@oic.wa.gov DOI on the Web: https://lnkd.in/dVJuRZBJ #washingtonstate #insurance

This week, the National Association of Insurance Commissioners (NAIC) marks 20 years of the International Fellows Program and welcomes 10 foreign regulators, who are participating in the fall 2025 in-person session (Oct. 6 – Nov. 18). Fellows from Bermuda, the Cayman Islands, Georgia, Ghana, India, Panama, Saudi Arabia, and Thailand will be hosted by insurance departments in Connecticut, the District of Columbia, Louisiana, Nebraska, Ohio, Pennsylvania, and Virginia for the fall 2025 program. Read more: https://ow.ly/WWGe50X8MQH

The New Avenues to Insurance Careers (N.A.I.C.) Foundation proudly announces the successful conclusion of its inaugural Summer Internship Program. Launched to inspire and educate students about career opportunities in insurance regulation and the broader insurance industry, the program wrapped up this summer after a season of hands-on learning and professional development. Also designed to foster leadership skills and promote financial literacy, the internship experience offered students a unique blend of mentorship, real-world exposure, and educational enrichment. Forty interns came from a variety of academic backgrounds: Finance, Accounting, Data Science, Criminal Justice/Criminology, Actuarial Science, Public Health Administration/Policy, Marketing/Public Relations, Computer Science/Cybersecurity, and Law. Interns gained hands-on exposure through placements at state insurance departments in Maryland (7 interns), Pennsylvania (8), Kansas (2), and Alabama (10), as well as at Protective Life Insurance in Alabama (13). "The N.A.I.C. Foundation internship program showcases our commitment to a vision of recruiting and strengthening tomorrow’s insurance workforce today. By providing students with hands-on experience and mentorship, we are not only helping them develop valuable skills but also helping ensure a bright future for our industry," said Raymond G. Farmer, N.A.I.C. Foundation President and former South Carolina Department of Insurance Director. Read more: https://ow.ly/iFo150X8KNA

The National Association of Insurance Commissioners (NAIC) has opened registration for its 2025 Fall National Meeting, which will be held at The Diplomat Hotel Hollywood and the Diplomat Convention Center in Hollywood, Fl., on Dec. 8–11. Interested participants can attend in person or virtually. Read more: https://ow.ly/2yuM50X5SjO

On Tuesday, with authorization for the National Flood Insurance Program (NFIP) expiring later that same day, members of the National Association of Insurance Commissioners (NAIC) met with members of the Federal Emergency Management Agency (FEMA) Review Council at the White House. During the meeting, NAIC members reiterated several longstanding priorities for state insurance regulators. The delegation, led by North Dakota Insurance Commissioner and NAIC President Jon Godfread, engaged with federal partners to share state insurance regulators’ unique, on-the-ground perspectives related to flood insurance, consumer protection, and disaster resilience. “It was an honor to advocate on consumers’ behalf in our nation’s capital,” said Commissioner Godfread. “As we help consumers prepare for severe weather, reduce their risk, and speed recovery, state insurance regulators are committed to expanding access to flood insurance through both the NFIP and private coverage.” Read more: https://ow.ly/8KTT50X5jmZ

As AI transforms the insurance landscape, maintaining states’ regulatory authority is essential for consumer protection. NAIC Officers share how swift and coordinated action by state insurance regulators led to the removal of a proposed federal moratorium on AI regulation that could have sidelined state oversight for a decade. Read more: https://ow.ly/XgeV50X5iLN

Now #Hiring: Maryland Insurance Administration Position: Assistant Chief Examiner Compensation: $104,519.00- $141,724.00, with potential progression to $162,800.00/year Job Description: The Assistant Chief Examiner (ACE) oversees the planning and conducting of statutory financial examinations of Maryland-domiciled insurance companies, in order to assess companies’ financial condition, enforce solvency standards, and determine compliance with applicable laws and regulations, in accordance with policies and procedures. The ACE will monitor the process and direction of the examinations; supervise Examination staff; review examination workpapers to ensure examinations are carried out in accordance with policies and procedures and that deviations to the plan are appropriate; and oversee the preparation and the submission of examination reports. The ACE identifies significant issues and solvency risk areas, and recommends a course of action to ensure concerns are promptly and adequately addressed by the MIA. The position may be required to travel on-site to the offices of insurance companies being examined, and must be available to travel in-State and out of state. Travel may involve long commutes or overnight stays. Apply Here: https://ow.ly/U1mO50X2sth Contact: Carla Harrison DOI on the Web: https://lnkd.in/dCecAM5 #maryland #insurance

We had a great week at the 2025 #NAICInsuranceSummit! Through breakout sessions and workshops focused on this year's theme of "Safeguarding Tomorrow Starts Today," the Summit equipped regulators, industry professionals, and innovators with more tools to address the challenges and opportunities facing an evolving insurance industry. To learn more about this dynamic annual event, visit https://lnkd.in/eKCc6Gg.