The National Association of Insurance Commissioners (NAIC) announced it is accepting applications for the 2024 Consumer Participation Program, with a deadline of 5:00 p.m. CT, Oct. 31, 2023.
Established in 1992, the Consumer Participation Program promotes consumer representation and interaction with NAIC Members by providing for qualified applicants to participate in NAIC meetings as individuals or as consumer representatives of consumer organizations. The NAIC defines a consumer organization as a national, state, or local organization that serves to protect the interests of consumers as they relate to the regulation of insurance.
“The NAIC’s Consumer Participation Program offers a unique and exciting opportunity to be a voice for consumers and have an impact on decisions concerning today’s most pressing insurance regulatory issues,” said NAIC President and Missouri Department of Commerce and Insurance Director Chlora Lindley-Myers.
“It’s an honor to chair the NAIC’s Consumer Liaison Committee and see the hard work, dedication, and important contributions of our consumer representatives throughout the year as we work together to protect consumers and the insurance marketplace,” said Oregon Insurance Commissioner and Department of Consumer and Business Services Director Andrew R. Stolfi.
One option for individuals to participate in the Consumer Participation Program is for the NAIC to provide funding in the form of travel expense reimbursement. To qualify for such funding, an individual candidate shall have a commitment to representing consumer interests in insurance regulation, be willing to fully participate in NAIC national meetings and related conference calls, have demonstrated expertise and experience on insurance-related issues addressed by the NAIC, and require NAIC funding in order to fully participate in NAIC national meetings and conference calls. An individual candidate must not have obligations or commitments to an industry that conflict with his/her responsibilities to represent consumer interests.
Individuals who do not need funding may apply to participate in the Consumer Participation Program as unfunded consumer representatives.
All applicants are required to complete the application, sign the Conflict-of-Interest Statement, and attach all requested documents. Applicants will be selected in December and notified prior to the Spring National Meeting in 2024.
The NAIC website provides additional information about the NAIC’s Consumer Participation Program and describes the application process to be appointed as either a funded or unfunded consumer representative.