NAIC Announces a Special Edition of The Regulators on Race and Insurance

  Monday, August 17th, 2020 Source: NAIC

The National Association of Insurance Commissioners (NAIC) today released a special edition of its podcast "The Regulators" focused on Race and insurance. Season 2, Episode 7 brings together regulators, the industry and consumer advocates to discuss diversity and equity in the insurance industry, an issue that the NAIC is addressing as part of its new race and insurance special committee, announced in July. This special episode is guest hosted by Connecticut Commissioner Andrew Mais and discusses racial equality in how insurance products are delivered and sold, and racial diversity within the insurance industry. His guests are: California Insurance Commissioner Ricardo Lara; New Jersey Department of Banking and Insurance Commissioner Marlene Caride; Aflac Chief Executive Officer, Dan Amos; and Consumer Advocate and Chair of the Connecticut Insurance Department Subcommittee on Big Data, Sonja Larkin-Thorne. "This podcast is just one of the many conversations that commissioners are having about how we can work together to identify and address biases," said Mais. "Advancing issues related to racial equity requires talking openly about Race and Insurance practices, even if the conversations are difficult." The Regulators podcast is available on NAIC.org, Apple or the choice platform you use to access podcasts.

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NAIC

As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. For more information, visit www.naic.org.

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