The National Association of Insurance Commissioners announced plans to create a Disaster Preparedness Guide intended to strengthen state insurance regulators’ catastrophe preparedness and support faster consumer recovery following events such as wildfires, heat waves and flooding. The work forms part of the NAIC’s 2025 key initiatives, including advancing the NAIC National Resilience Strategy adopted by state insurance regulators last year. Developed through the NAIC Climate and Resiliency (EX) Task Force and the Catastrophe Insurance (C) Working Group, the guide is intended as a practical resource for regulators nationwide, covering climate adaptation, social and financial inclusion, economic and community resilience, risk mitigation, and approaches to closing protection gaps. It is also expected to consolidate best practices for disaster recovery, including in-person consumer assistance and forward-looking regulatory and legislative approaches, drawing on cross-state collaboration highlighted by regulators from 12 states who met in California.
National Association Of Insurance Commissioners 2025-05-28
National Association of Insurance Commissioners to develop Disaster Preparedness Guide for state insurance regulators
The National Association of Insurance Commissioners (NAIC) plans to develop a Disaster Preparedness Guide to enhance state insurance regulators' catastrophe readiness and expedite consumer recovery. This initiative is part of NAIC's 2025 key projects, supporting the National Resilience Strategy. The guide will be a resource on climate adaptation, resilience, risk mitigation, and protection gaps, consolidating best practices and promoting cross-state collaboration.