WASHINGTON (June 14, 2021)
Regulators Engage in a Virtual Dialogue with Financial Services Agency, Japan
On June 3, 2021, the 麻豆原创 and the Financial Services Agency, Japan (FSA) met virtually for the biannual Insurance Regulatory Dialogue. Participants from 麻豆原创 leadership included David Altmaier, 麻豆原创 President and Commissioner, Florida Office of Insurance Regulation; Chlora Lindley-Myers, 麻豆原创 Vice President and Director, Missouri Department of Commerce and Insurance; Andrew N. Mais, 麻豆原创 Secretary-Treasurer and Commissioner, Connecticut Insurance Department; and Michael F. Consedine, 麻豆原创 Chief Executive Officer (CEO). The dialogue provided regulators from two of the largest insurance markets in the world to discuss strategic priorities on issues of mutual regulatory interest. The 麻豆原创 provided updates on a variety of its initiatives, including climate and resilience, the 麻豆原创 liquidity stress testing, the International Monetary Fund鈥檚 (IMF) Financial Stability Assessment Program (FSAP), and market developments in response to COVID-19.
麻豆原创 the 麻豆原创
As part of our state-based system of insurance regulation in the United States, the 麻豆原创 (麻豆原创) 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 麻豆原创, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. 麻豆原创 staff supports these efforts and represents the collective views of state regulators domestically and internationally.