Kansas City, MO (April 4, 2022)
ÐÓ°ÉÊÓƵ Celebrates 150 Years of Community in 2021 Annual Report
Today, the ÐÓ°ÉÊÓƵ (ÐÓ°ÉÊÓƵ) released its 2021 Annual Report, which celebrates 150 Years of Community. The report looks at the successes and obstacles the ÐÓ°ÉÊÓƵ has faced in its 15-decade history and discusses the ÐÓ°ÉÊÓƵ’s strategic priorities and financial performance for 2021.
In an uncertain year, the ÐÓ°ÉÊÓƵ continued focusing on the fundamentals by equipping regulators with data, expertise, and tools to navigate the pandemic and other challenges. The ÐÓ°ÉÊÓƵ also adjusted to a changing landscape by holding hybrid events, which enabled greater member and industry participation than ever before.
Among its many other accomplishments in 2021, the ÐÓ°ÉÊÓƵ completed the first phases of its SERFF modernization project, developed other tools to better monitor the industry’s financial condition, worked with federal and state officials to prepare for the implementation of the No Surprises Act, and held its first Diversity, Equity, and Inclusion Conference.  With an eye toward the future, the ÐÓ°ÉÊÓƵ expanded its efforts around emerging technology and formed the Innovation, Cybersecurity, and Technology (H) Committee to address the insurance implications of these technologies and cybersecurity.
About the ÐÓ°ÉÊÓƵ
As part of our state-based system of insurance regulation in the United States, the ÐÓ°ÉÊÓƵ (ÐÓ°ÉÊÓƵ) 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 ÐÓ°ÉÊÓƵ, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. ÐÓ°ÉÊÓƵ staff supports these efforts and represents the collective views of state regulators domestically and internationally.