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NAIC Shines Spotlight on Cybersecurity
Monica J. Lindeen
NAIC President and State Auditor Montana Office of the Commissioner of Securities & Insurance Monica J. Lindeen
NAIC President and Montana Commissioner of Securities and Insurance
Officers and the leadership of the NAIC have identified cybersecurity in the insurance sector as a key initiative for the year. A new Cybersecurity (EX) Task Force has been created to monitor emerging cyber risks, their impact on the industry and whether regulatory action will be required.

“We're hoping to propose additional guidance to insurance examiners to assure the nation's insurers are using the best risk management practices available to manage their risk of cyber loss,” said NAIC President and Montana Commissioner of Securities and Insurance Monica Lindeen.

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Urias to Lead International Team
Sen. Ben Nelson, NAIC Chief Executive OfficerSen. Ben Nelson
NAIC Chief Executive Officer
The NAIC announced it has hired Christina Urias to the newly created position of International Insurance Regulatory Affairs Managing Director. This position reports directly to the CEO and has responsibility for NAIC international staff in Washington, D.C., New York City and Kansas City, Mo.

“Christina brings to the position an extensive network within the international insurance community,” said Senator Ben Nelson, NAIC CEO. “She has a proven ability to represent U.S. policy interests abroad through the promotion of strategic diplomatic relationships. Her advice will serve our members exceptionally well.”

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NAIC Names 2015 Committee Leadership
The NAIC has named its 2015 committee chairs and vice chairs, and assigned members to the organization's standing committees.

“The strength of the NAIC is our membership, where we are fortunate to possess both depth and breadth of regulatory expertise,” said Monica Lindeen, NAIC President and Montana Insurance Commissioner. “I'm confident the 2015 committee leadership will go far in helping to achieve the NAIC's 2015 regulatory priorities.”

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NAIC Releases Annual Homeowners Insurance Report
The NAIC today released its 2012 Homeowners Insurance Report, providing data on market distribution and average cost by policy form and insurance amount.

The report includes national and state-specific premium and exposure information for non-commercial dwelling fire insurance and for homeowners insurance package policies. It also contains data descriptions and a discussion about the way certain economic, demographic and natural phenomena impact the price of homeowners insurance.

Full Story | Download Complete Report