Sept. 8, 2023
Â鶹´«Ã½, BMA Hold Bilateral Meeting
In Brussels, Â鶹´«Ã½ (Â鶹´«Ã½) President and Missouri Department of Commerce and Insurance Director Chlora Lindley-Myers, Nebraska Department of Insurance Director Eric Dunning, and Massachusetts Division of Insurance First Deputy Commissioner Rachel Davison met with officials from the Bermuda Monetary Authority. Each side provided insights into their respective jurisdictions, including climate risk and resiliency, the use of technology by regulators, private equity ownership, and proposed changes to the Bermuda regulatory regime.
About the Â鶹´«Ã½
As part of our state-based system of insurance regulation in the United States, the Â鶹´«Ã½ (Â鶹´«Ã½) 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 Â鶹´«Ã½, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. Â鶹´«Ã½ staff supports these efforts and represents the collective views of state regulators domestically and internationally.