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WASHINGTON, D.C. (March 12, 2015) As the National Association of Insurance Commissioners (NAIC) quickly responds to meet state insurance department cybersecurity needs, two draft documents are now exposed for comment.

The first is a draft of Principles for Effective Cybersecurity Insurance Regulatory Guidance, developed by the Cybersecurity (EX) Task Force. This document will help state insurance departments identify uniform standards, promote accountability, and provide access to essential information. It also outlines the process for working with the insurance industry to identify risks and offer practical solutions.

The second draft document: the Annual Statement Supplement for Cybersecurity policies, comes from the NAIC's Property and Casualty Insurance (C) Committee. Regulators, interested parties and industry representatives are encouraged to review and provide comments about the exposures by March 23rd. Comments will facilitate discussion at our Spring National Meeting in Phoenix at the end of the month. Written comments should be sent to


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The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and 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 review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S. For more information, visit


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