Notice of Cancellation of the In-Person National Association of Insurance Commissioners Spring National Meeting in Phoenix, AZ and Revised Format

KANSAS CITY, Missouri, March 12 -- The National Association of Insurance Commissioners issued the following news release:

Recently, the number of confirmed cases of COVID-19 has exceeded 100,000 worldwide, including over 1000 confirmed U.S. cases in 36 jurisdictions. Given rapidly changing information and out of an abundance of caution for the safety of our members, guests and staff, the NAIC officers, in consultation with NAIC members, have decided to hold the Spring National Meeting in a virtual-only format. A revised schedule with dates, times and call-in numbers will be available on Naic.org next week. Below is a high-level overview of the tentative schedule, which is still subject to change.

Tentative Schedule:

* The public portion of the NAIC's special session on state responses to COVID-19 will be held on March 20, 2020, starting at 11 AM ET via virtual meeting.

* Working groups, subgroups and other meetings will be held via conference calls March 16-31, 2020.

* Task force meetings will be held via conference calls April 1-10, 2020.

* Executive Committee and letter committees will be held via conference calls the week of April 13, 2020.

* EX/Plenary will meet via public conference call on April 20, 2020.

The revised schedule demonstrates our continued commitment to the important work of the NAIC membership during this time of crisis. The actions already taken by NAIC members are bringing much needed guidance and relief to the public they protect. That work must and will continue. At the same time, we will approach our organization's mission in innovative ways, putting the health and safety of those around us first. We will utilize available technology to engage stakeholders, coordinate our actions, and get the job done. We are grateful for the understanding and cooperation of our stakeholders, particularly those that had committed to attending our Spring National Meeting. We would ask that all meeting registration cancellations be submitted in writing to NAIC Meetings, Events & Travel Services at [email protected]. The NAIC is dedicated to working with all meeting registrants to apply their current registrations towards either the upcoming 2020 Summer National Meeting in Minneapolis or 2020 Fall National Meeting in Indianapolis. Your ongoing engagement with NAIC members will be a critical part of our coordinated plan of action.

Those impacted by the virus and those who might be impacted in the future are foremost in our minds as we continue to work with state regulators, our federal partners, experts, insurance companies, and the public our members serve to develop guidance, share knowledge and coordinate our collective efforts in overcoming this shared challenge.

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About the 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.