The National Association of Insurance Commissioners (NAIC) has published the agenda for its hybrid 2025 Spring National Meeting in Indianapolis, setting out the charges and workplans that will guide its eight standing committees as state insurance regulators coordinate standards and responses to emerging regulatory challenges. Across committees, the 2025 priorities span annuity suitability enforcement training and potential tools for sharing regulators’ annuity suitability decisions, engagement with Congress on extending enhanced Affordable Care Act subsidies and a planned white paper on prior authorization, and new work on homeowners insurance data collection and an affordability and availability playbook. The agenda also highlights planned development of regulatory standards for pharmaceutical benefit managers, a framework for responding to multi-state cybersecurity events, updates to insurer investment regulation and modernization of Risk-Based Capital formulas, a review of the NAIC accreditation program’s scope and state practices, continued monitoring of the Insurance Capital Standard alongside a new Aggregation Method Implementation Working Group, and proposed work on oversight of third-party data and predictive models including artificial intelligence testing via self-audit questionnaires. The NAIC indicated that the 2025 workplans will be a focus of discussion during the meeting running March 23–26, including public comment to be sought on an amended Privacy Protections Model Act.
National Association Of Insurance Commissioners 2025-03-24
National Association of Insurance Commissioners outlines 2025 standing committee workplans for Spring National Meeting
The National Association of Insurance Commissioners (NAIC) has released the agenda for its 2025 Spring National Meeting, outlining priorities for its eight standing committees. Key focuses include annuity suitability enforcement, engagement with Congress on Affordable Care Act subsidies, and regulatory standards for pharmaceutical benefit managers. Additional initiatives involve cybersecurity frameworks, updates to insurer investment regulation, and oversight of third-party data and predictive models.