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NAIC Report: 2013 Summer National Meeting



by Sutherland Asbill Brennan LLP - Washington Office

September 4, 2013

Previously published on September 3, 2013

The National Association of Insurance Commissioners (NAIC) met in Indianapolis, Indiana, from August 24-27, 2013. Typical for the mid-year meeting, activity largely consisted of reports by various task forces and working groups on the progress of ongoing projects. The only notable new initiative is work on obtaining NAIC support for Congressional reauthorization of the federal Terrorism Risk Insurance Act (TRIA). Indiana Insurance Commissioner Stephen Robertson, as host for the Indianapolis venue, presented the Commissioners with bats made by Indiana’s Hoosier Bat Company. Continuing with the baseball theme, the Summer National Meeting was the baseball equivalent of a 1-1 game at the bottom of the 7th - not much excitement for the casual observer, but aspects to appreciate if you follow the game closely.


 

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