cipr summer event: gearing up for autonomous vehicles...susan a. bonilla assemblymember, 14th...

THE CENTER FOR INSURANCE POLICY & RESEARCH © 2016 National Association of Insurance Commissioners

CIPR Summer Event: Gearing Up for Autonomous Vehicles

August 28, 2016 3:00 p.m. – 5:00 p.m. San Diego, California

WELCOME MESSAGE

Welcome to the NAIC Center for Insurance Policy and Research (CIPR) Event: Gearing Up for Autonomous Vehicles. The mission for the CIPR is to serve federal and state lawmakers, federal and state regulatory agencies, international regulatory agencies, and insurance consumers, by enhancing intergovernmental cooperation and awareness, improving consumer protection and promoting legitimate marketplace competition. To help achieve this mission, the CIPR hosts four annual events that bring together a number of dynamic and informative speakers and panelists. These events offer a forum for opinion and discussion on major insurance regulatory issues.

Technology and social trends are reshaping the landscape of the auto insurance industry. This event will discuss current auto insurance trends and how the integration of mobility sharing and technology into vehicles could potentially transform the auto insurance market. These transportation advances may lead insurers to rethink their strategies related to underwriting, claims, distribution channels and product mixes. Additionally, as vehicles move from assisted-driving technologies to fully-automated driving technologies, a long list of safety and legal issues must be ironed out to ensure the safety of our roads.

While you are here, I encourage you to take some time to explore the beautiful city of San Diego. I hope you enjoy the event and your stay!

Sincerely, Eric Nordman Director of CIPR and Regulatory Services

THE CENTER FOR INSURANCE POLICY & RESEARCH © 2016 National Association of Insurance Commissioners

Table of Contents Meet the CIPR Team .......................................................................................................................1 Learning Objectives .........................................................................................................................2 Agenda .............................................................................................................................................3 Biographies ......................................................................................................................................5 Attendee List ..................................................................................................................................15 CIPR Quick Guide .........................................................................................................................21 CIPR Events ...................................................................................................................................22 CIPR Newsletter Article: January 2014, Are We Ready for Self-Driving Cars? ........................................................23 Additional Resources .....................................................................................................................25 NAIC Insurance Regulator Professional Designation Program Information ................................27 Note Pages .....................................................................................................................................29

1

MEET THE CIPR TEAM

Eric Nordman, CPCU, CIE, is the director of the NAIC Regulatory Services Division and the Center for Insurance Policy and Research (CIPR). He directs the Regulatory Services Division staff in a wide range of insurance research, financial and market regulatory activities, supporting NAIC committees, task forces and working groups. He has been with the NAIC since 1991. Prior to his appointment as director of the Regulatory Services Division, Mr. Nordman was director of the Research Division and, before that, the NAIC senior regulatory specialist. Before joining the NAIC, he was with the Michigan Insurance Bureau for 13 years. Mr. Nordman earned a bachelor’s degree in mathematics from Michigan State University. He is a member of the CPCU Society and the Insurance Regulatory Examiners Society.

Dimitris Karapiperis joined the NAIC in 2001 and he is a researcher with the NAIC Center for Insurance Policy and Research (CIPR). He has worked for more than 15 years as an economist and analyst in the financial services industry, focusing on economic, financial market and insurance industry trends and developments. Mr. Karapiperis studied economics and finance at Rutgers University and the New School for Social Research, and he developed an extensive research background while working in the public and private sector.

Shanique (Nikki) Hall is the manager of the NAIC Center for Insurance Policy and Research (CIPR). She joined the NAIC’s New York office in 2000 and currently oversees the research, production and editorial aspects of the CIPR’s primary work streams; the CIPR Newsletter, studies, events, and website. Ms. Hall has extensive capital markets and insurance expertise and has authored copious articles on major insurance regulatory and public policy matters. She began her career at J.P. Morgan Securities as a research analyst in the Global Economic Research Division. At J.P. Morgan, Ms. Hall analyzed regional economic conditions and worked closely with the chief economist to publish research on the principal forces shaping the economy and financial markets. Ms. Hall has a bachelor’s degree in economics and an MBA in financial services. She also studied abroad at the London School of Economics.

Anne Obersteadt is a researcher with the NAIC Center for Insurance Policy and Research (CIPR). Since 2000, she has been at the NAIC performing financial, statistical and research analysis on all insurance sectors. In her current role, she has authored several articles for the CIPR Newsletter, a CIPR Study on the State of the Life Insurance Industry, organized forums on insurance related issues, and provided support for NAIC working groups. Before joining CIPR, Ms. Obersteadt worked in other NAIC Departments where she published statistical reports, provided insurance guidance and statistical data for external parties, analyzed insurer financial filings for solvency issues, and authored commentaries on the financial performance of the life and property/casualty insurance sectors. Prior to the NAIC, she worked as a commercial loan officer for U.S. Bank. Ms. Obersteadt has a bachelor’s degree in business administration and an MBA in finance.

Kris DeFrain is the NAIC Director of the Research and Actuarial Department. She is currently charged as primary NAIC staff for the Principle-Based Reserving and the Casualty Actuarial and Statistical Task Forces. She manages a staff of actuaries and research analysts working on regulatory solvency and market-related issues, providing regulatory services, and conducting research for the Center for Insurance Policy and Research (CIPR). Ms. DeFrain received her bachelor’s degree in finance/actuarial science from the University of Nebraska in 1989. She received her FCAS designation from the Casualty Actuarial Society (CAS), where she previously served as Vice President—International. Ms. DeFrain is a member of the American Academy of Actuaries and a Chartered Property and Casualty Underwriter.

This is a NAIC Insurance Regulator Professional Designated program eligible for two hours of continuing professional development credit. To receive credit, you will need to write down the codes provided periodically throughout the program and provide them in a survey that will be sent to the email address you provided during registration. The survey can be found at the following link: https://www.surveymonkey.com/r/JYTHYKF 2

Learning Objectives At the completion of this program, attendees will be able to:

Explain loss cost and claim frequency trends in the private and commercial auto lines.

Identify how costs are shifting from the health care sector to the auto insurance sector. Identify sources of rising safety risks in auto insurance.

Explain the implications of mobility sharing and autonomous vehicles on insurers’ future

business models. Explain the potential impact autonomous vehicles could pose to insurers’ underwriting,

claims and distribution channels. Identify potential liability issues related to autonomous vehicles.

Explain how autonomous vehicles work.

Explain legislative efforts related to autonomous vehicles.

THE CENTER FOR INSURANCE POLICY & RESEARCH © 2016 National Association of Insurance Commissioners 3

CIPR Event: Gearing Up for Autonomous Vehicles As of 8/22/16 Sunday, August 28, 2016 Manchester Grand Hyatt San Diego, CA 2:00 Registration Check-in 3:00 Opening Remarks

Introduction: Overview of the Program ⎯ Teresa Miller, Commissioner

Pennsylvania Insurance Department 3:10 The Changing Auto Safety Landscape

This presentation will discuss current trends in the auto insurance industry. ⎯ Robert Gordon, Senior Vice President, Policy Development and Research

Property Casualty Insurers Association of America—PCI

3:40 A Brave New Road: Technological Advances bring New Dangers and New Opportunities This panel discussion will explore how the integration of technology into vehicles could potentially transform the auto insurance market. Discussions will include the potential implications of mobility sharing and autonomous vehicles on insurers’ future business models. These transportation advances may lead insurers to rethink their strategies related to underwriting, claims, distribution channels and product mixes. Moderator: ⎯ Paul Carroll, Chief Executive Officer

Insurance Thought Leadership

Panelists: ⎯ Susan Bonilla (D), Assemblymember, 14th District

California State Assembly ⎯ Matteo Carbone, Principal

Bain & Co. ⎯ Dave Jones, Commissioner

California Department of Insurance ⎯ Chan D. Lieu, Senior Legislative Advisor

Venable LLP ⎯ Eric Nordman, Director of Regulator Services and CIPR

National Association of Insurance Commissioners - NAIC ⎯ Howard Mills, Global Insurance Regulatory Leader

Deloitte LLP

5:00 Closing Remarks ⎯ Teresa Miller, Commissioner

Pennsylvania Insurance Department


CIPR Event: Gearing Up For Autonomous Vehicles Presenter Biographies

HOST: TERESA MILLER COMMISSIONER PENNSYLVANIA INSURANCE DEPARTMENT

Teresa D. Miller was appointed Acting Insurance Commissioner by Pennsylvania Governor Tom Wolf on January 20, 2015. On June 3, 2015, she received confirmation from the Pennsylvania Senate.

Commissioner Miller has extensive experience in the health sector at both the state and federal levels. She is the former administrator of the Oregon Insurance Division, where she helped implement the early stages of the federal Affordable Care Act (ACA) at the state level. In that role as Oregon’s top insurance regulator, she was also responsible for making significant changes to Oregon’s health insurance rate review process and was invited to testify before the U.S. Senate Committee on Health, Education, Labor, and Pensions to highlight features of Oregon’s improved process.

Commissioner Miller was previously a partner at Crowell & Moring in the Health Care Group, where she focused on matters related to the implementation and enforcement of the ACA. Prior to joining Crowell & Moring, she served as acting director of the State Exchanges Group, the Oversight Group and the Insurance Programs Group at the Center for Consumer Information and Insurance Oversight (CCIIO) of the federal Centers for Medicare & Medicaid Services (CMS) of the U.S. Department of Health and Human Services. While at the CMS, she helped the agency roll out regulations and guidance implementing the private market reforms of the ACA and helped develop and implement the policies and rules governing state-based exchanges. She was instrumental in putting key provisions of the ACA into practice and worked closely with the states and issuers to ensure compliance with the new market reforms, including the market rating reforms.

Commissioner Miller earned her juris doctor from Willamette University College of Law, and her bachelor’s degree, magna cum laude, from Pacific Lutheran University

.


SUSAN A. BONILLA ASSEMBLYMEMBER, 14TH DISTRICT CALIFORNIA STATE ASSEMBLY

Assemblywoman Susan A. Bonilla was first elected to the State Assembly in November 2010, and represents California’s 14th Assembly District, which includes Contra Costa County and Solano County. She is chair of the Assembly Human Services

Committee, and sits on the Assembly Appropriations Committee, Banking and Finance, Health Committee, and Local Government Committee. She also chairs the Assembly Select Committee on STEM Education in California K-14 Schools.

In 2014, Assemblywoman Bonilla authored the ground breaking business innovation and consumer protection bill, AB 2293, which clarifies insurance coverage for Transportation Network Companies such as Uber and Lyft. This law ensures that drivers, passengers and pedestrians are protected, while supporting the innovative ride-sharing business model. AB 2293 has become the national and international legal framework for Uber and Lyft to operate in each state and in many nations.

In addition, Assemblywoman Bonilla has authored legislation to stop taxpayer money from funding call centers that are operated outside of California, allow midwives to have hospital privileges and order medical equipment for their patients, decrease the cost of college textbooks by funding open educational resources, providing cities and local law enforcement the necessary tools in stopping human trafficking, and increasing access to quality health care.

Adding to her legislative accomplishments, Assemblywoman Bonilla led efforts to save transitional kindergarten, state preschool programs, child nutrition programs, and the Cal Grant to ensure that quality of education for California’s children would not be further eroded. Assemblywoman Bonilla’s devoted efforts to improve our education system secured $1.25 billion for Common Core implementation, professional development for teachers, and technology upgrades for our schools. In the last two years, Assemblywoman Bonilla has secured an additional $100 million for our schools to meet internet requirements necessary for the implementation of the Common Core State Standards.

Prior to serving in the California State Legislature, Assemblywoman Bonilla was the Mayor of Concord and County Supervisor for Contra Costa County. Before entering her career as an elected official, she was a high school English teacher in the Mt. Diablo Unified School District.

Assemblywoman Bonilla earned her B.A. in English from Azusa Pacific University and her teaching credential from California State University Los Angeles.


MATTEO CARBONE PRINCIPAL, BAIN & COMPANY MILAN, ITALY

Matteo Carbone is currently working in Bain Financial Services practice and has spent most of his time advising many of the primary players on the Italian market. He is recognized by the client and team as an expert on key issues and emerging trends in the

insurance and wealth management sector. His focus is on advising insurers and financial services groups on innovation within their business models. Most recently, his efforts have centered on implementing the digitalization of traditional channels: inventing technology-based value propositions, generating customer experience strategies, and bringing the omnichannel approach into the insurance business.

Mr. Carbone is the founder of the Observatory on Telematics, Connected Insurance and Innovation. The Observatory generates and promotes innovation in the insurance sector by representing the cutting edge of global innovation. It offers a strategic vision to exploit the connected insurance full potential and stimulates research and debate between the participants.


PAUL CARROLL CEO INSURANCE THOUGHT LEADERSHIP

Paul Carroll has been the CEO and editor-in-chief at Insurance Thought Leadership since the fall of 2013. Under his leadership, the number of thought leaders writing for the ITL digital platform has grown to nearly 700, including representatives from

virtually every major organization in the industry, and the number of readers has surpassed 600,000. The site is delivering on its mission of gathering the best ideas from the best thinkers on insurance and risk management to steer the industry in important new directions.

Before joining ITL, Mr. Carroll spent more than three decades operating at the highest levels of publishing and thought leadership.

After graduating from college (at age 19) and earning a master’s degree in journalism from Northwestern University, Mr. Carroll spent 17 years as an editor and reporter at the Wall Street Journal in the U.S., Europe and Mexico. The paper nominated him twice for the Pulitzer Prize. He was a finalist once. While at the Journal, he wrote Big Blues: The Unmaking of IBM, a critically acclaimed best-seller published in 1993.

Mr. Carroll left the Journal in 1996 to become a partner with Diamond Management & Technology Consultants, where he founded and edited Context magazine, a publication for thought leaders about how information technology should drive business strategy. He built the magazine to a readership of tens of thousands of senior executives. The magazine was a finalist for the National Magazine Award for General Excellence, the industry's highest honor.

After leaving Diamond, Mr. Carroll worked with a coauthor and 20 researchers on a two-year investigation into 2,500 business failures. Mr. Carroll and his coauthor, Chunka Mui, used the research as the basis for their 2008 book, Billion Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Years. The book drew rave reviews from the Wall Street Journal and many other publications. Based on the research, Mr. Carroll and Chunka Mui founded the Devil’s Advocate Group to stress test strategies. They have done consulting work at numerous large organizations, including some major insurance companies.

In 2013, Mr. Carroll and Chunka Mui published a sequel focusing on how to avoid the errors they have observed in innovation efforts: The New Killer Apps: How Large Companies Can Out-Innovate Start-ups. Also in 2013, they published Driverless Cars, exploring the incredibly broad potential implications. In addition, Mr. Carroll wrote a book with two McKinsey directors called Resource Revolution: How to Capture the Biggest Business Opportunity in a Century, published in spring 2014.


ROBERT GORDON SENIOR VICE PRESIDENT, POLICY DEVELOPMENT AND RESEARCH PCI

Robert Gordon is the senior vice president, policy development and research for PCI. He is responsible for working with PCI members to develop and frame public policy positions on the opportunities and challenges facing the property casualty insurance

industry at the state, federal and international levels. Mr. Gordon also coordinates policy support for PCI’s extensive state and federal advocacy efforts, media outreach and information products. Prior to joining PCI in August 2008, Mr. Gordon was the parliamentarian, senior counsel and ethics compliance officer for the Committee on Financial Services in the U.S. House of Representatives. Through his work, he provided strategic counsel on the Nonadmitted and Reinsurance Reform Act, the Terrorism Risk Insurance Act, the State Modernization and Regulatory Transparency Act and the Risk Retention Act. He also contributed to policy issues relevant to the property casualty insurance industry such as data security, privacy, liability reform and the Fair Credit Reporting Act amendments.

While with the Committee on Energy & Commerce, Mr. Gordon developed and negotiated legislation on issues ranging from banking to health care to consumer safety, including the Gramm-Leach-Bliley Act. He has a long history of influencing policy development and leading research initiatives from his early work as legal counsel for Representative David Dreier (R-CA) and as an associate with Wiley, Rein & Fielding.

Mr. Gordon has a Juris Doctorate, with honors, from the Georgetown University Law Center, an MBA from the Peter F. Drucker School of Management, and is a former Certified Financial Planner.


DAVE JONES COMMISSIONER CALIFORNIA DEPARTMENT OF INSURANCE

Dave Jones was first elected as California’s Insurance Commissioner on November 2, 2010 and re-elected on November 4, 2014. Commissioner Jones leads the California

Department of Insurance and regulates the California insurance market, the largest in the nation where insurers collect $259 billion a year in premiums. Since 2012 when California officially legalized the operation of autonomous vehicles on public roads, Commissioner Jones has played a leadership role in efforts to ensure that an appropriate insurance product is available to cover these vehicles. In September 2014, Commissioner Jones held the nation’s first public hearing focused on autonomous vehicle insurance issues, including product availability, type, and rating, and the impact of Proposition 103, California’s system for regulating property and casualty insurance rates. Under Commissioner Jones, the Department of Insurance has worked with the California Department of Motor Vehicles and other agencies on a statewide taskforce to promulgate regulations implementing California’s 2012 autonomous vehicle legislation. Commissioner Jones also has been a leader on other emerging technology issues. He chairs the NAIC Sharing Economy Working Group that studies the regulatory issues related to the sharing economy such as transportation network companies, house sharing and other sharing products marketed to consumers. As a Member of the California Legislature, in 2010, he authored first-in-the-nation legislation on car sharing that has become the model for legislation in many other states. Commissioner Jones is also the Vice-Chair of the NAIC Climate Change & Global Warming Working Group. Prior to being elected as California’s Insurance Commissioner, he served in the California State Assembly from 2004 through 2010, where he chaired the Assembly Health Committee, the Assembly Judiciary Committee and the Budget Subcommittee on Health and Human Services. Named "Consumer Champion" by the California Consumer Federation, Capitol Weekly named him California's "most effective legislator" other than the Assembly Speaker and the Senate President Pro Tempore. The American Psychiatric Association awarded Commissioner Jones its prestigious Jacob K. Javits Public Service Award in 2015 for his work on mental health parity. In addition, he received the Phillip Burton Award for Courage from the Orange County Labor Federation on April 23, 2015. Commissioner Jones began his career as a legal aid attorney, providing free legal assistance to the poor with Legal Services of Northern California from 1988 to 1995. In 1995, he was one of only 13 Americans awarded the prestigious White House Fellowship. He served in the Clinton Administration for three years as Special Assistant and Counsel to U.S. Attorney General Janet Reno. He also served on the Sacramento City Council from 1999 to 2004. Commissioner Jones graduated with honors from DePauw University, Harvard Law School, and Harvard University's Kennedy School of Government.


CHAN D. LIEU SENIOR LEGISLATIVE ADVISOR VENABLE, LLC

Chan Lieu is a member of Venable’s Legislative and Government Affairs Group who represents emerging and established technology firms. A veteran of the Legislative and Executive Branches, Mr. Lieu has significant experience in a broad range of policies

involving the automotive industry, data and cybersecurity, privacy, internet technologies, federal scientific research and development, innovation and economic competitiveness, civilian space policy, nanotechnology and other emerging technologies. Most recently Mr. Lieu served as Director of Government Affairs, Policy and Strategic Planning at the National Highway Traffic Safety Administration (NHTSA). In this position Mr. Lieu led NHTSA’s liaison activity with Members of Congress, their staffs and various committees while advising senior leadership on pending legislation. He also managed a NHTSA team responsible for developing the agency’s strategic plan and operational goals for the future of auto transportation safety. Prior to joining NHTSA, Mr. Lieu spent eight years on the staff of the U.S. Senate Committee on Commerce, Science and Transportation as a Senior Professional Staff Member. Through this position he managed the team responsible for the overall operation of the Subcommittee on Science, Technology, and Space, oversaw the production of numerous committee hearings, and advised Members throughout the various phases of the legislative process resulting in the enactment of seven federal laws. Mr. Lieu began his career with the federal government at the General Services Administration as a Security Specialist in the Presidential Management Fellows Program. He served as the lead cybersecurity specialist on FirstGov.gov projects and major e-government initiatives such as e-Authentication, GovBenefits, DisasterHelp and DisabilityDirect.


HOWARD MILLS GLOBAL INSURANCE REGULATORY LEADER DELOITTE LLP As the Global Insurance Regulatory Leader of Deloitte LLP, Howard Mills serves clients in the areas of global capital standards, enterprise risk management, governance, regulatory compliance, strategy, reputational risk and growth. He is also frequently

utilized as an expert witness in litigation concerning insurance regulatory matters. Mr. Mills is a frequent speaker at industry conferences and events, and is widely quoted in the media on insurance industry issues and is a regular columnist in several publications including Best’s Review, Carrier Management, and Insurance Networking News.

Prior to joining Deloitte, Mr. Mills served as Superintendent of the New York State Insurance Department. During his tenure, he focused on winning an extension of the Federal Terrorism Risk Insurance Act (TRIA), leading the Department’s transition to conducting risk-based examinations, concluding settlement agreements with industry and leading on issues at the NAIC such as principles based reserving and disaster preparedness. He was active at the International Association of Insurance Supervisors (IAIS), was a member of the Presidential Financial and Banking Information Infrastructure Committee, served as Co-Chair of the International Commission on Holocaust Era Insurance Claims, and testified before Congress on matters relating to the insurance industry.

Mr. Mills served three terms in the New York State Assembly (1999-2004) and rose to become the Deputy Minority Leader. While in the Assembly, he served on the Insurance Committee, was a member of the National Conference of Insurance Legislators (NCOIL) and also served on the committees on Ways and Means, Housing and Corrections. Prior to his election to the Assembly, he was elected to three terms as Supervisor of the Town of Wallkill, NY. He began his career serving as the Director of Grants and Federal Projects to Representative Benjamin A. Gilman in Washington, D.C. He has been an adjunct instructor of political science at Mount Saint Mary College in Newburgh NY and at Orange County Community College.

Mr. Mills serves on the boards of the Griffith Insurance Education Foundation and the Insurance Federation of New York. He is a member of the International Insurance Society. In the past, he has also served as a Director of the Orange Regional Medical Center, The Greater Hudson Valley Health Care System, the United Way of New York State, the United Way of Orange County, the Orange-Sullivan Alzheimer’s Association and the Orange County Community Foundation.

Mr. Mills earned his B.A. in political science from Marist College and his M.A. in public administration from The American University. He completed a one year non-degree course of study in PPE (politics, philosophy, economics) at Mansfield College, Oxford University.


ERIC C. NORDMAN, CPCU, CIE DIRECTOR, REGULATORY SERVICES AND DIRECTOR OF THE CENTER FOR INSURANCE POLICY & RESEARCH (CIPR) NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS Eric C. Nordman, CPCU, CIE is currently serving the needs of the state insurance regulatory community in his capacity as Director of the Regulatory Services Division

and Director of the Center for Insurance Policy and Research (CIPR) with the National Association of Insurance Commissioners. The Division includes three departments—the Research Actuarial Department, the Data Coordination and Statistical Analysis Department and the Market Regulation and Consumer Affairs Department. Collectively they are engaged in a wide range of insurance research and in support of NAIC initiatives, committees, task forces and working groups. He has been with the NAIC since 1991. Prior to his appointment as Director of the Regulatory Services Division, Mr. Nordman was Director of the Research Division and, before that, the NAIC Senior Regulatory Specialist. In his position, Mr. Nordman supports the Property and Casualty Insurance (C) Committee and the Cybersecurity (EX) Task Force. He provides expertise on property and casualty insurance, financial and market regulation, cybersecurity, loss costs, electronic commerce, speed to market, terrorism insurance, medical malpractice, risk retention groups and other regulatory issues. Mr. Nordman frequently represents insurance regulators, speaking before a wide variety of audiences on a number of insurance and insurance regulatory topics. Before joining the NAIC, Mr. Nordman was with the Michigan Insurance Bureau for 13 years. Mr. Nordman earned a bachelor’s degree in mathematics from Michigan State University. He is a member of the CPCU Society and the Insurance Regulatory Examiners Society. Mr. Nordman has served on the National Advisory Committee for the Robert Wood Johnson Foundation’s Workers’ Compensation Health Initiative and was a member of the National Insurance Task Force of the Neighborhood Reinvestment Corporation. He recently completed a three-year term as a national director on the CPCU Society Leadership Council and a two-year term as a director for the Insurance Regulatory Examiners Society. He also served as newsletter editor of the CPCU Society’s Regulatory and Legislative Interest Section. Mr. Nordman currently serves on the Study Panel on National Data on Workers’ Compensation with the National Academy of Social Insurance. He also serves on the Johnson County Community College Insurance Industry Advisory Board and Business Administration Advisory Board. Mr. Nordman was the 2011 recipient of the IRES Al Greer award. The award is presented annually to an insurance regulator and IRES member who not only embodies the dedication, knowledge and tenacity of a professional regulator, but who exceeds those standards. In 2013 the IRES Foundation recognized Mr. Nordman with the Paul L. DeAngelo Memorial Teaching Award in recognition of his contributions to insurance education.

First Name Last Name Title Company Email City State

Ian Adams Associate Orrick, Herrington & Sutcliffe LLP [email protected] Sacramento CA

Jean Adams-Harris Partner Johnson Lambert LLP [email protected] Atlanta GA

David Altmaier Commissioner Florida Office of Ins Reg [email protected] Tallahassee FL

Gary Anderson First Deputy Commissioner Massachusetts Div of Ins [email protected] Boston MA

Charles Angell Deputy Commissioner & Actuary Alabama Dept of Ins [email protected] Montgomery AL

Lee Backus Director, Compliance and Analysis DC Dept of Ins Securities & Banking [email protected] Washington DC

Sarah Bailey Insurance Specialist III Alaska Div of Ins [email protected] Juneau AK

Amanda Baird General Counsel Ohio Dept of Ins [email protected] Columbus OH

Stephen Ball Legislative & Regulatory Counsel CSAA Ins Group [email protected] Walnut Creek CA

Lee Barclay Senior Actuary Washington Ofc of the Ins Cmsr [email protected] Olympia WA

Douglas Barnert President Barnert Associates, Inc. [email protected] New York NY

Brett Barratt Deputy Commissioner Utah Ins Dept [email protected] Salt Lake City UT

Michael Barry Vice President, Media Relations Ins Information Institute [email protected] New York NY

Thomas Bartell Vice President, Asst General Counsel, Director of Govt Affairs The Hartford Financial Services Group, Inc. [email protected] Hartford CT

David Barton General Counsel New Mexico Ofc of the Superintendent [email protected] Santa Fe NM

John Bauer Chief Counsel, Regulatory Affairs NAIC [email protected] Kansas City MO

Amy Beard Legal Counsel Indiana Dept of Ins [email protected] Indianapolis IN

Louis Belo Chief Deputy Commissioner North Carolina Dept of Ins [email protected] Raleigh NC

Christine Benefield Vice President and Associate General Counsel AIG [email protected] Houston TX

Susan Bernard Deputy Commissioner California Dept of Ins [email protected] San Francisco CA

Tracy Biehn Deputy Commissioner North Carolina Dept of Ins [email protected] Raleigh NC

Joe Bieniek Vice President & Senior Consultant First Consulting & Administration, Inc. [email protected] Kansas City MO

Birny Birnbaum Director Center for Economic Justice [email protected] Austin TX

Wes Bissett President The Bellemore Group [email protected] Baltimore MD

Paul Blume Senior Vice President PCI [email protected] Chicago IL

Susan Bonilla Assemblywoman California State Assembly [email protected] Sacramento CA

Charlette Borja Insurance Licensing Officer Northern Mariana Islands Dept of Commerce [email protected] Saipan MP

Aaron Brandenburg Economist & Statistical Information Manager NAIC [email protected] Kansas City MO

Charles Breitstadt Sr. Gov. Rel. Director Nationwide Mutual Ins [email protected] Columbus OH

Jack Broccoli Associate Director - Financial Regulation Rhode Island Div of Ins [email protected] Cranston RI

Steven Brogan Associate Drinker Biddle & Reath LLP [email protected] Philadelphia PA

Lorriie Brouse General Counsel Tennessee Dept of Commerce & Ins [email protected] Nashville TN

Sandy Brower Course Administration Supervisor NAIC [email protected] Kansas City MO

Lisa Brown Sr. Counsel & Director of Compliance Resources American Ins Assoc [email protected] Washington DC

Peg Brown Chief Deputy Commissioner Colorado Div of Ins [email protected] Denver CO

Dan Brown Partner Dentons [email protected] Oakland CA

Kelsey Brunette Ideation Analyst Munich Re America [email protected] Princeton NJ

Kendall Buchanan Deputy Director South Carolina Dept of Ins [email protected] Columbia SC

Dennis Burke Vice President, State Relations Reinsurance Assoc of America [email protected] Washington DC

Warren Byrd Deputy Commissioner Louisiana Dept of Ins [email protected] Baton Rouge LA

Laura Cali Commissioner Oregon Div of Financial Reg [email protected] Salem OR

Theresa Cameron Associate General Counsel United Guaranty Corporation [email protected] Greensboro NC

Adam Cancryn Senior Reporter S&P Global Market Intelligence [email protected] Charlottesville VA

Daisy Carby Manager TRV [email protected] Hartford CT

Paul Carroll CEO Insurance Thought Leadership [email protected]

Andy Case Consumer Affairs Director Mississippi Ins Dept [email protected] Jackson MS

David Castro Market Conduct Interim Director Puerto Rico Ofc of the Ins Cmsr [email protected] Guaynabo PR

Stephen Clarke Vice President - Government Relations ISO [email protected] Jersey City NJ

Laura Clements Chief Examiner California Dept of Ins [email protected] Los Angeles CA

Jane Cline Director of Public Policy Spilman Thomas & Battle PLLC [email protected] Charleston WV

Gary Cohen Vice President Kaiser Permanente [email protected] Oakland CA

Buddy Combs Director of Public Policy Oklahoma Ins Dept [email protected] Oklahoma City OK

Michael Conway Deputy Commissioner of Consumer and Compliance Ser Colorado Div of Ins [email protected] Denver CO

Daniel Cotter Partner Butler Rubin Saltarelli & Boyd LLP [email protected] Chicago IL

Carrie Couch Director, Division of Consumer Affairs Missouri Dept of Ins [email protected] Jefferson City MO

Barb Cox Sr Vice President Legal & Regulatory Affairs NCIGF [email protected] Indianapolis IN

Nancy Crespo Manager of National Affairs Insurance Services Office (ISO) [email protected] Jersey City NJ

Dick Crnkovich Vice President IPFS Corporation [email protected] Puyallup WA

LeAnn Crow Director, Consumer Assistance Division Kansas Dept of Ins [email protected] Topeka KS

Lauren Dantche Director Tennessee Dept of Commerce & Ins [email protected] Nashville TN

Will Davis P&C Actuary South Carolina Dept of Ins [email protected] Columbia SC

Rachel Davison Deputy Commissioner & General Counsel Massachusetts Div of Ins [email protected] Boston MA

Philip de Haas Associate General Counsel Allianz Global Assistance [email protected] Richmond VA

CIPR Summer Event: Attendee List (as of 8/22/16)

15



Kris DeFrain Director, Research & Actuarial NAIC [email protected] Kansas City MO

Robert Detlefsen Vice President, Public Policy NAMIC [email protected] Indianapolis IN

Joe Detrick Senior IT Specialist Jennan Enterprises, LLC [email protected] Waukee IA

Kelly Dexter Communications Director Oklahoma Ins Dept [email protected] Oklahoma City OK

Angela Dingus Chief, Market Conduct Division Ohio Dept of Ins [email protected] Columbus OH

Michael Dinius President Noble Consulting Services, Inc. [email protected] Indianapolis IN

Robert DiUbaldo Senior Vice President & Counsel, State Government Chubb [email protected] Jersey City NJ

John Doak Commissioner Oklahoma Ins Dept [email protected] Oklahoma City OK

Randall Doctor California Insurance Lawyer Doctor Law Group LLP [email protected] San Francisco CA

Tom Donovan Deputy Director Idaho Dept of Ins [email protected] Boise ID

Tynesia Dorsey Chief Administrative Officer Ohio Dept of Ins [email protected] Columbus OH

Robert Doucette Deputy Superintendent of Insuarnce New Mexico Ofc of the Superintendent [email protected] Santa Fe NM

Anne Melissa Dowling Acting Director Illinois Dept of Ins [email protected] Chicago IL

Hardy Drane Deputy Commissioner Delaware Dept. of Ins [email protected] Dover DE

Rick Ehlers VP & Associate General Counsel CNA Ins Cos. [email protected] Chicago IL

Benjamin Eirikson Legal Counsel South Dakota Div of Ins [email protected] Pierre SD

Nicole Elliott Actuary Texas Dept of Ins [email protected] Austin TX

Fariborz Farahmand Dr. Georgia Institute of Technology [email protected] Atlanta GA

Raymond Farmer Director South Carolina Dept of Ins [email protected] Columbia SC

George Feijoo Consultant Floridian Partners, LLC [email protected] Tallahassee FL

Roshi Fekrat Director Dixon Hughes Goodman LLP [email protected] Ambler PA

Rich Fidei Shareholder Greenberg Traurig [email protected] Fort Lauderdale FL

Scott Fischer Exec. Deputy Superintendent, Insurance New York Dept of Financial Services [email protected] New York NY

John Fitts Deputy General Counsel Progressive Casualty Ins Co [email protected] Cleveland OH

Angela Ford Senior Deputy Commissioner North Carolina Dept of Ins [email protected] Raleigh NC

Richard Ford Chief Examiner Alabama Dept of Ins [email protected] Montgomery AL

Tiffany Fosgate Administrative Assistant III NAIC [email protected] Kansas City MO

John Franchini Superintendent New Mexico Ofc of the Superintendent [email protected] Santa Fe NM

Diane Fraser Senior Policy Advisor Financial Stability Oversight Council [email protected] Washington DC

Jillian Froment Deputy Director Ohio Dept of Ins [email protected] Columbus OH

Matthew Gabin Attorney Mayer Brown LLP [email protected] New York NY

Julie Gackenbach Principal Confrere Strategies [email protected] Washington DC

Gerald Gakundi Assistant Director Bermuda Monetary Authority [email protected] Hamilton

Barbara Gavitt Vice President, Product Development and Education A.D. Banker & Co [email protected] Overland Park KS

AnnaLisa Gellermann Deputy Insurance Commissioner Washington Ofc of the Ins Cmsr [email protected] Tumwater WA

Nick Gerhart Commissioner Iowa Ins Div [email protected] Des Moines IA

Thomas Glassic VP Policy and Government Relations PCI [email protected] Washington DC

Angela Gleason Counsel American Ins Assoc [email protected] Washington DC

Bill Goddard Attorney Day Pitney LLP [email protected] Hartford CT

Lynn Goldberg Chief Compliance & Regulatory Officer TMNA Services, LLC [email protected] Pasadena CA

Robert Gordon Senior Vice President PCI [email protected] Washington DC

Michael Gould Manager, Consumer Services and Investigations Delaware Dept of Ins [email protected] Dover DE

Randall Gregg General Counsel Michigan Dept of Ins & Financial Svcs [email protected] Lansing MI

Ralf Gütersloh Head of Foreign Affairs German Ins Assoc [email protected] Berlin

Nikki Hall CIPR Manager NAIC [email protected] New York NY

Doug Hartz Deputy Insurance Commissioner Washington Ofc of the Ins Cmsr [email protected] Olympia WA

Jim Hattaway Managing Director Noble Consulting Services, Inc. [email protected] Birmingham AL

Carder Hawkins Deputy Commissioner Information Services Arkansas Ins Dept [email protected] Little Rock AR

John Haworth Chief Market Analyst Washington Ofc of the Ins Cmsr [email protected] Olympia WA

Carl Hedde Head of Risk Accumulation Munich Re [email protected] Princeton NJ

Gary Henning Vice President, Head of State Affairs Zurich Ins Group [email protected] New York NY

Leslie Hess Interim Director Arizona Dept of Ins [email protected] Phoenix AZ

Emma Hirschhorn Division Chief California Dept of Ins [email protected] Los Angeles CA

Karen Hornig Executive Director NIPR [email protected] Kansas City MO

Tom Houston Financial Examiner Adv Wisconsin Ofc of the Ins Cmsr [email protected] Madison WI

Bob Howe Director American Equity [email protected] West Des Moines IA

Kim Hudson Supervising Insurance Examiner California Dept of Ins [email protected] Los Angeles CA

Kelly Huffman Director, Regulatory Affairs Molina Healthcare, Inc. [email protected] Long Beach CA

Debby Hutton Application Development Manager Missouri Dept of Ins [email protected] Jefferson City MO

Arlene Ige Health Branch Administrator Hawaii Ins Div [email protected] Honolulu HI

Jill Jacobi Senior Attorney California Dept of Ins [email protected] San Francisco CA

Rajat Jain Chief Insurance Examiner, Property and Casualty Nevada Div of Ins [email protected] Carson City NV

Jana Jarrett Assistant Director Ohio Dept of Ins [email protected] Columbus OH

Peg Jasa Public Information Officer Nebraska Dept of Ins [email protected] Lincoln NE

16



Jenny Jeffers Managing Member Jennan Enterprises, LLC [email protected] Tallahassee FL

Kate Jensen Associate Steptoe & Johnson [email protected] Washington DC

Lonnie Johns-Brown Legislative Director Washington Ofc of the Ins Cmsr [email protected] Olympia WA

Stewart Johnson General Counsel North Carolina Dept of Ins [email protected] Raleigh NC

Steve Johnson Insurance Financial and Regulatory Specialist Stradley Ronon Stevens & Young, LLP [email protected] Philadelphia PA

Dave Jones Commissioner California Dept of Ins [email protected] Sacramento CA

Dimitris Karapiperis Research Analyst NAIC [email protected] New York NY

Fred Karlinsky Shareholder; Co-Chair, Insurance Regulatory & Tran Greenberg Traurig, LLP [email protected] Fort Lauderdale FL

Len Karpowich Director UnitedHealth Group [email protected] Lake Forest IL

Rolf Kaumann Deputy Commissioner of Finance Colorado Div of Ins [email protected] Denver CO

David Keleher Senior P&C Specialist NAIC [email protected] Kansas City MO

Emily Kelnberger Consumer Services Supervisor Minnesota Dept of Commerce [email protected] Saint Paul MN

Sean Kevelighan President & CEO Ins Information Institute [email protected] New York NY

Don Kilgore Special Assistant Attorney General Mississippi Ins Dept [email protected] Jackson MS

Cathy Kirby Director, Consumer Services Michigan Dept of Ins & Financial Svcs [email protected] Lansing MI

Todd Kiser Commissioner Utah Ins Dept [email protected] Salt Lake City UT

Keri Kish Director of Government Relations NAPSLO [email protected] Kansas City MO

Tracy Klausmeier Property & Casualty Insurance Division Director Utah Ins Dept [email protected] Salt Lake City UT

Yaryna Klimchak Public Information Administrator Missouri Dept of Ins [email protected] Jefferson City MO

Erin Klug Assistant Director Arizona Dept of Ins [email protected] Phoenix AZ

Bob Knief Compliance Information Analyst, Compliance Info Coordination EMC Ins Companies [email protected] Des Moines IA

Arlene Knighten Executive Counsel Louisiana Dept of Ins [email protected] Baton Rouge LA

David Kodama Assistant Vice President PCI [email protected] Chicago IL

Diane Koken Legal/Regulatory Consultant MDK [email protected] Lancaster PA

Tamara Kopp Receivership Counsel Missouri Dept of Ins [email protected] Jefferson City MO

Tina Korty General Counsel Indiana Dept of Ins [email protected] Indianapolis IN

Laura Kotelman Chief of Staff Illinois Dept of Ins [email protected] Chicago IL

Mike Kreidler Commissioner Washington Ofc of the Ins Cmsr [email protected] Olympia WA

Elliott Kroll Partner Arent Fox [email protected] New York NY

Sonja Larkin-Thorne NAIC Funded Consumer Rep Consumer Advocate [email protected] Avon CT

Tyler Laughlin Chief of Operations Oklahoma Ins Dept [email protected] Oklahoma City OK

Jacob Lauten Insurance Specialist II Alaska Div of Ins [email protected] Juneau AK

Cari Lee Bureau Director Market Regulation Wisconsin Ofc of the Ins Cmsr [email protected] Madison WI

Danielle Lenth Deputy Regional Counsel for California Allstate Ins Co [email protected] Rancho Cordova CA

Chan Lieu Senior Legislative Advisor Venable LLP [email protected] Washington DC

Chlora Lindley-Myers Deputy Commissioner Tennessee Dept of Commerce & Ins [email protected] Nashville TN

Tammy Lohmann Director, Insurance Product Filing Minnesota Dept of Commerce [email protected] St. Paul MN

George Lyle Assistant Deputy Commissioner Virginia Bureau of Ins [email protected] Richmond VA

Tunatunaolupelele Maae Senior Administrative Assistant American Samoa Ofc of the Governor [email protected] Pago Pago AS

Andrew Mais Subject Matter Expert Deloitte [email protected] Wilton CT

Deirdre Manna Vice President Property Casualty Insurers Assoc of America [email protected] Chicago IL

Geoffrey Margolis Deputy Commissioner & Special Counsel California Dept of Ins [email protected] Sacramento CA

Daniel Mathis Assistant Chief Examiner Iowa Ins Div [email protected] Des Moines IA

Denise Matthews Director NAIC [email protected] Kansas City MO

Jim McAdams Deputy Director Missouri Dept of Ins [email protected] Jefferson City MO

Victoria McCarthy Vice President, Head of Regulatory Strategy and An Farmers Ins Group [email protected] Woodland Hills CA

Larry McCord AVP / Deputy Operations Counsel American National Property & Casualty Co [email protected] Springfield MO

Larry McCord AVP / Deputy Operations Counsel AmericanNational Property & Casualty [email protected] Springfield MO

Ben McKay Executive Director Surplus Line Assoc of CA [email protected] San Francisco CA

Michael McKenney Property and Casualty Actuarial Supervisor Pennsylvania Ins Dept [email protected] Harrisburg PA

Tyler McKinney Attorney California Dept of Ins [email protected] Sacramento CA

Patrick McNaughton Chief Examiner Washington Ofc of the Ins Cmsr [email protected] Seattle WA

Patrick McPharlin Director Michigan Dept of Ins & Financial Svcs [email protected] Lansing MI

Mary Mealer Life and Health Manager, Market Regulation Missouri Dept of Ins [email protected] Jefferson City MO

Cristina Mihai Head of International Affairs and Investments Ins Europe [email protected] Brussels BE-BRU

Teresa Miller Commissioner Pennsylvania Ins Dept [email protected] Harrisburg PA

Laura Miller Assistant Director Ohio Dept of Ins [email protected] Columbus OH

James Mills Chief of Staff Oklahoma Ins Dept [email protected] Tulsa OK

Edward Moody Chief Examiner North Dakota Ins Dept [email protected] Bismarck ND

Teri Morante Chief Deputy Director Michigan Dept of Ins & Financial Svcs [email protected] Lansing MI

Maybeth Moses Health Rate and Form Coordinator Minnesota Dept of Commerce [email protected] St. Paul MN

Chris Murray Program Coordinator II Alaska Div of Ins [email protected] Juneau AK

Olivea Myers Paralegal Tennessee Dept of Commerce & Ins [email protected] Nashville TN

Brad Nail Sr. Manager, Insurance and Public Policy UBER [email protected] Washington DC

17



Leslie Nehring Chief Financial Examiner Missouri Dept of Ins [email protected] Jefferson City MO

Angela Nelson Director, Division of Market Regulation Missouri Dept of Ins [email protected] Jefferson City MO

Michael Nelson Partner Sutherland Asbill & Brennan LLP [email protected] New York NY

Carol Newman General Counsel Confie [email protected] Huntington Beach CA

Cuc Nguyen Rate & Form Compliance Division Manager Oklahoma Ins Dept [email protected] Oklahoma City OK

Rebecca Nichols Deputy Commissioner Virginia Bureau of Ins [email protected] Richmond VA

Eric Nordman Director, Regulatory Services Division & the CIPR NAIC [email protected] Kansas City MO

Anne Obersteadt Senior Researcher NAIC [email protected] Kansas City MO

Pam O'Connell Division Chief, MCD California Dept of Ins [email protected] Sacramento CA

James Odiorne Chief Deputy Insurance Commissioner Washington Ofc of the Ins Cmsr [email protected] Tumwater WA

Kathleen Orth Chief Examiner-Solvency Manager Minnesota Dept of Commerce [email protected] St. Paul MN

Miriam Ortiz-Rodríguez Actuary Supervisor Puerto Rico Ofc of the Ins Cmsr [email protected] Guaynabo PR

Anne O'Ryan Public Policy Strategist & Legislative, Regulatory & Govt Affairs Advocate Interinsurance Exchange of the Auto Club o'[email protected] Austin TX

Mark Ossi Director Georgia Ofc of Ins & Fire Safety [email protected] Atlanta GA

Lauren Pachman Counsel & Director of Regulatory Affairs National Assoc of Professional Ins Agents [email protected] Alexandria VA

Paula Pallozzi Associate Director Rhode Island Div of Ins [email protected] Cranston RI

Laura Panesso Director, State Relations ISO [email protected] Jersey City NJ

Debra Paoli Senior Vice President First Nationwide Title Agency [email protected] New York NY

Beth Penny Senior Counsel CNA [email protected] Chicago IL

Richard Piazza Chief Actuary Louisiana Dept of Ins [email protected] Baton Rouge LA

Michael Pieciak Commissioner Vermont Dept of Financial Reg [email protected] Montpelier VT

Frederick Pomerantz Attorney Goldberg Segalla [email protected] New York NY

Edwin Pugsley Chief Market Conduct Examiner New Hampshire Ins Dept [email protected] Concord NH

Sandeep Puri Managing Director Insurance Strategy & Operations [email protected]

Frank Pyle Director of Market Conduct Delaware Dept of Ins [email protected] Dover DE

Luis Quinonez Public Policy Manager Zenefits [email protected] San Francisco CA

Michelle Rafeld Assistant Director of Fraud & Enforcement Ohio Dept of Ins [email protected] Columbus OH

William Rapp Assistant Director of Public Policy American Academy of Actuaries [email protected] Washington DC

Barbara Richardson Commissioner Nevada Div of Ins [email protected] Carson City NV

Barbara Richardson Commissioner Nevada Ins Dept [email protected] Carson City NV

Michael Ricker Property & Casualty Actuary Alaska Div of Ins [email protected] Juneau AK

Sara Robben Statistical Advisor NAIC [email protected] Kansas City MO

John Robinson Life Actuary Associate Minnesota Dept of Commerce [email protected] St. Paul MN

Michelle Rogers Director of Financial and Regulatory Policy NAMIC [email protected] Indianapolis IN

Marc Rosenberg Sr. Policy Analyst, Casualty American Academy of Actuaries [email protected] Washington DC

Krystal Rourke Associate Grant Consulting Group [email protected] Lansing MI

Hilary Rowen Partner Sedgwick LLP [email protected] San Francisco CA

Preston Rutledge Senior Tax & Benefits Counsel Senate Finance Committee [email protected] Washington DC

Marguerite Salazar Commissioner Colorado Div of Ins [email protected] Denver CO

Kate Sampson VP Risk Solutions Lyft [email protected] San Francisco CA

Kaj Samsom Deputy Commissioner Vermont Dept of Financial Reg [email protected] Montpelier VT

Rebecca Sanchez Government Affairs Counsel American Family Ins [email protected] Phoenix AZ

Ekrem Sarper International Policy Advisor NAIC [email protected] Washington DC

Mitsutaka Sato Visiting Fellow Tokio Marine & Nichido Fire Ins Co. Ltd. [email protected] Washington DC

Sarah Scheidt Corporate Regulatory Counsel USAA [email protected] San Antonio TX

Timothy Schott Deputy Superintendent Maine Bureau of Ins [email protected] Augusta ME

Curtis Scott Senior Director, Regulatory & Global Insurance Uber Technologies Inc. [email protected] San Francisco CA

Ken Selzer Kansas Commissioner of Insurance Kansas Dept of Ins [email protected] Topeka KS

Francine Semaya Legal & Insurance Regulatory Consultant Francine L. Semaya, Legal & Ins Regulatory Consultant [email protected] Middletown NJ

Jan Shemanske Asst. Secretary W. R. Berkley Corporation [email protected] Scottsdale AZ

Grant Shintaku Rate & Policy Analyst Hawaii Ins Div [email protected] Honolulu HI

Sharon Shipp Compliance Analyst DC Dept of Ins Securities & Banking [email protected] Washington DC

Michael Shull Chief Financial Analyst South Carolina Dept of Ins [email protected] Columbia SC

James Stephens Chief Deputy Director Illinois Dept of Ins [email protected] Chicago IL

Mike Stinziano, PhD Senior Vice President, Government and Corporate Re Demotech [email protected] Canal Winchester OH

Tomoko Stock Supervising Insurance Examiner California Dept of Ins [email protected] Los Angeles CA

Stan Strickland Deputy Commissioner Texas Dept of Ins [email protected] Austin TX

Brooke Stringer Financial Policy and Legislative Advisor NAIC [email protected] Washington DC

Sheldon Summers Actuary Claire Thinking Inc [email protected] Canyon Country CA

Stephen Taylor Commissioner DC Dept of Ins Securities & Banking [email protected] Washington DC

Mary Taylor Director Ohio Dept of Ins [email protected] Columbus OH

Rebecca Ternes Deputy Commissioner North Dakota Ins Dept [email protected] Bismarck ND

Jeana Thomas Property & Casualty Manager Missouri Dept of Ins [email protected] Jefferson City MO

Frank Tomasello Program Director The Griffith Ins Education Foundation [email protected] Malvern PA

18



Andrea Toth Chief, Field Rating & Underwriting Bureau California Dept of Ins [email protected] Los Angeles CA

Alexander Traum Associate Kramer Levin Naftalis & Frankel LLP [email protected] New York NY

Sheila Travis Chief Financial Analyst Alabama Dept of Ins [email protected] Montgomery AL

Thomas Travis NAIC Coordinator Louisiana Dept of Ins [email protected] Baton Rouge LA

Tim Tu Washington Affairs Executive NCCI [email protected] Washington DC

John Turchi Deputy Commissioner Massachusetts Div of Ins [email protected] Boston MA

Tony Venturella Personal Lines Team Leader Kansas Dept of Ins [email protected] Topeka KS

Phil Vigliaturo Property and Casualty Actuary Minnesota Dept of Commerce [email protected] St. Paul MN

Marcia Violette Market Conduct Examiner Vermont Dept of Financial Reg [email protected] Montpelier VT

Katharine Wade Commissioner Connecticut Ins Dept [email protected] Hartford CT

Robert Wake General Counsel Maine Bureau of Ins [email protected] Augusta ME

Barry Ward Deputy Commissioner Office of Licensing Louisiana Dept of Ins [email protected] Baton Rouge LA

Lisa Warrum Vice President Noble Consulting Services, Inc. [email protected] Indianapolis IN

Donna Watz Deputy General Counsel Minnesota Dept of Commerce [email protected] Saint Paul MN

Ann Weber Government Affairs Director Society of Actuaries [email protected] Schaumburg IL

Barry Weissman Shareholder Carlton Fields [email protected] Los Angeles CA

Tom Welsh Attorney Orrick Herrington Sutcliffe, LLP [email protected] Sacramento CA

Robin Westcott Vice President, General Counsel AAIS [email protected] Lisle IL

Donna Wilson Estate Manager Oklahoma Receivership Office [email protected] Oklahoma City OK

Margaret Witten General Counsel Georgia Ins Dept [email protected] Atlanta GA

James Woods Partner Mayer Brown LLP [email protected] Palo Alto CA

Cheryl Yakey Senior Regulatory Counsel Kemper Corporation [email protected] Chicago IL

Robert Yass Vice President and Assistant General Counsel Hartford Financial Services Group, Inc. [email protected] Hartford CT

Pamela Young Vice President & Associate General Counsel American Ins Assoc [email protected] Washington DC

19

© 2016 National Association of Insurance Commissioners 21

32

The

CIPR

ser

ves:

fede

ral a

nd s

tate

law

mak

ers;

fede

ral a

nd s

tate

regu

lato

ry a

genc

ies;

inte

rnat

iona

l reg

ulat

ory

agen

cies

; and

insu

ranc

e co

nsum

ers.

It en

hanc

es in

terg

over

nmen

tal

coop

erat

ion

and

awar

enes

s, im

prov

ing

co

nsum

er p

rote

ctio

n w

hile

pro

mot

ing

legi

timat

e m

arke

tpla

ce c

ompe

titio

n. T

he s

ite p

rovi

des

info

rmat

ion

on

curr

ent i

nsur

ance

reg

ulat

ory

deve

lopm

ents

, ong

oing

CIP

R pr

ojec

ts, a

nd c

over

age

of a

wid

e-ra

nge

of in

sura

nce

indu

stry

topi

cs.

The

CIPR

’s o

rgan

izatio

n an

d na

viga

tion

shar

es m

any

of th

e sa

me

elem

ents

th

e N

AIC

hom

e pa

ge a

s des

crib

ed o

n Pa

ge 1

.

Here

are

the

high

light

s uni

que

to C

IPR

page

s: 5

1 1.

The

NAI

C’s C

entr

al Offi

ce/C

IPR

staff

can

pr

ovid

e a

grea

t dea

l of i

nfor

mat

ion

to

regu

lato

rs a

nd la

wm

aker

s. C

onta

ct

info

rmat

ion

prov

idin

g di

rect

acc

ess t

o th

em

is vi

tal t

o th

e CI

PR si

te’s

func

tion.

2.

Clic

k to

see

the

mos

t cur

rent

as w

ell a

s ar

chiv

ed is

sues

of t

he C

IPR

New

slett

er.

3. T

he A

-Z In

dex

of In

sura

nce

topi

cs a

nd

issue

s. C

lick

to se

e de

taile

d an

alys

is an

d do

cum

enta

tion

on a

wid

e ra

nge

of

insu

ranc

e to

pics

and

issu

es.

4. T

he K

ey Is

sues

sect

ion

incl

udes

a to

pica

l lis

ting

of k

ey in

sura

nce

regu

lato

ry is

sues

.

NAI

C W

eb S

ite S

uppo

rt

Cont

act

Info

rmat

ion:

1. N

AIC

Help

Des

k:

Phon

e: 8

16.7

83.8

500

E-m

ail:

hel

p@na

ic.o

rg

Fax:

816

.460

.745

6 2.

NAI

C W

eb T

eam

: web

post

@na

ic.or

g 3.

NAI

C Co

mm

unic

atio

ns: n

ews@

naic

.org

5. T

he S

peci

al R

epor

ts/W

hite

Pap

ers

sect

ion

prov

ides

acc

ess t

o N

AIC

spec

ial

repo

rts,

whi

te p

aper

s and

art

icle

s on

a w

ide

rang

e of

insu

ranc

e re

gula

tory

to

pics

and

conc

erns

. 6.

Sta

tistic

s Map

: thi

s pag

e pr

ovid

es

acce

ss to

stat

e sc

ore

card

s whi

ch d

etai

l st

atist

ics a

bout

eac

h ju

risdi

ctio

n’s

insu

ranc

e m

arke

t alo

ng w

ith th

at o

f the

en

tire

US.

In a

dditi

on, l

inks

to sa

mpl

es

of N

AIC

rese

arch

repo

rts a

nd d

ata

are

prov

ided

.

4 6

22

CIPR E

The CIPR holds four events each year—three events during each of the NAIC Na onal Mee ngs and one at the NAIC Insurance Summit. Addi onally, CIPR now offers webinars.

2016 Events

• Gearing Up for Autonomous Vehicles (Aug. 28)

• The Sharing Economy Webinar (June 18)

• CIPR Insurance Summit Mini-Conference (May 18)

• Technology and Insurance (April 5)

2015 Events

• Regula on of Cap ves (Nov. 18)

• All About Earthquakes (Aug. 14)

• Boom or Bust? A Look into Re rement Issues Facing Baby Boomers Symposium (June 15-16)

• Risk of Pandemics to the Insurance Industry (Mar. 27)

2014 Events

• Naviga ng Interest Rate Risk in the Life Insurance Industry (Nov. 19)

• Implica ons for Increasing Catastrophe Vola lity on Insurers and Consumers Symposium (Oct. 7-8)

• Commercial Ride-Sharing and Car-Sharing Issues (Aug. 16)

• Insuring Cyber Liability Risk (Mar. 28)

2013 Events

• The Future of Automobile Insurance: Telema cs in the U.S. (Dec. 16)

• Exploring Insurers’ Liabili es Summit (Aug. 27)

• Health Care Reform - Tools for Oversight and Assistance in the Marketplace Symposium (Apr. 30-May 1)

• Insurance for Acts of Terrorism (Apr. 9)

More informa on, including webinars, events prior to 2013 and presenta ons and audio for all events, can be found on our website at: www.naic.org/cipr_events.htm.

January 2013 | CIPR Newsle er 5

A W R S -D C ?

By Eric Nordman, Director of Regulatory Services and CIPR I On September 25, 2012, California Governor Edmund ‘Jerry’ Brown signed into law a bill that allows the opera on of an autonomous or ‘self-driving’ vehicle on California streets for tes ng purposes. So, what is an autonomous vehicle? Ac-cording to the California Legislature, an autonomous vehicle is one with “technology that, through the use of computers, sensors, and other systems, permits a motor vehicle to op-erate without the ac ve control and con nuous monitoring of a human operator.” This ar cle will explore the early stages of the self-driving car and look at some possible in-surance issues that may arise. T G E DARPA Now that there is legisla on, most of us wonder why they have it and why we need it. This story starts with a name familiar to us all: Google. That’s right; not an auto manufac-turer, but a so ware developer and innovator. In 2005, Google established a team of engineers led by Sebas an Thrun. He is the director of the Ar ficial Intelligence Labora-tory at Stanford University and perhaps is most famous for his role as co-inventor of Google Street View. Thrun and his team of engineers developed a robo c vehicle that won a contest sponsored by the Defense Advanced Research Pro-jects Agency (DARPA). DARPA is a wing of the U.S. Department of Defense with a budget approaching $3 billion and is tasked with develop-ment of new technologies for military use. While that all sounds a bit ominous, there are o en benefits to society beyond military opera ons when new technologies are dis-covered. It is DARPA that was responsible for inven ng the military communica on network we know today as the In-ternet. While opinions vary as to whether the Internet is a good or a bad thing, almost everyone uses it in their daily personal and business lives. Will the self-driving car be as successful as the Internet? Will our ability to drive a car be as useful to us as knowing how to use a slide rule? According to several sources, Google now has a fleet of more than a dozen self-driving vehicles. Google believes that self-driving cars can make driving more efficient and safer by elimina ng distracted driving and other human error. More than 30,000 people are killed each year in auto collisions. Google would like to bring that number to zero. Google claims the self-driving vehicles have traveled more than 300,000 miles accident free. There is, however, admis-

sion of at least one accident. That occurred when a human took over control of the vehicle in ques on. S I As a youngster, I watched ‘The Jetsons,’ a Hanna-Barbera cartoon about a futuris c family set in 2062—100 years a er the show first aired in 1962. The Jetsons traveled in hovercra s along an intergalac c freeway. There was no such thing as a traffic accident in the future. I am a bit more skep cal about today’s self-driving vehicle. I guess I envi-sioned devices embedded in the highways that communi-cated with the cars, much like an assembly line in a factory. Instead, we have vehicles communica ng with satellites using GPS technology. I am familiar with GPS devices and communica on with satellites … and it frightens me. Have you ever lost your Sirius Satellite Radio connec on while you are driving? I have. It happens to me every day in the same spot. I only lose it for a second, but I have to wonder: If I were relying on this same technology to drive my car rather than provide me with music, would I be as tolerant of the signal interrup on? And, will it work in tunnels? So far, the test results have been posi ve. However, they are limited, as not a lot of me has been spent with these vehicles on the road. We do not know what happens when two self-driving vehicles encounter each other in traffic. What kind of decision will a self-driving car make under stressful situa ons? What happens when a deer runs in front of the self-driving car? Will it sacrifice the passenger to save the deer? I / L I Over the past decade, automakers have been gradually in-troducing automated safety features into cars. Many cars now have limited self-driving abili es; some cars can auto-ma cally parallel park themselves or watch blind spots with radar, and some have backup cameras. However, in the case of self-driving cars, technology is way ahead of the law. Ge ng the technology to make the vehicles is only half the challenge; the other half will be crea ng a legal, liability and regulatory framework to govern their use on public streets. There are many laws and regula ons regarding the automo-bile in the U.S. There are laws regarding the safety stand-ards required to be in automobiles. The Na onal Highway Traffic Safety Administra on (NHTSA) is part of the U.S. De-partment of Transporta on. There are crash-avoidance standards, crash-worthiness standards, post-crash stand-

(Continued on page 6)

23

6 January 2013 | CIPR Newsle er

A W R S -D C ? (C )

ards, fuel-economy standards, vehicle-iden fica on stand-ards, bumper standards, safety standards and an -the standards, along with a host of other standards. In fact, on the NHTSA website, the following statement appears: “The complete text of all Federal Motor Vehicle Safety Standards and other NHTSA regula ons can be found in Title 49 of the Code of Federal Regula ons (CFR). Title 49 of the CFR is published in seven volumes.”1 Seven volumes seems like a lot to me. And we have not even reached the issue of who can drive a vehicle or what happens when a vehicle is in-volved in an accident. State motor vehicle administrators have many state laws and regula ons to enforce in regard to who is eligible to drive a vehicle, how to become licensed as a driver, how vehicles are tled and how tles are exchanged when a vehicle is sold. State insurance codes have much to say about vehicle oper-a on. Each state has a unique auto repara on system that specifies who is financially responsible if an accident occurs. The state laws will specify the court system used, the type of negligence law that applies and the mandatory insurance coverage that must be included or offered. In addi on to California, two other states (Florida and Neva-da) have passed laws permi ng self-driving cars for tes ng purposes, although only with a human passenger along as a safety measure. These states are ahead of the curve, having already passed legisla on governing their use on public streets. However, new laws will have to be wri en to ad-dress the complex legal issues as these vehicles move from prototype to product. According to The New York Times, “the technology is now advancing so quickly that it is in danger of outstripping exis ng law, some of which dates back to the era of horse-drawn carriages.”2 The insurance issues are just as complex as the legal is-sues. What happens if a self-driving car gets into an acci-dent? Who is liable for the damages? Will the human “co-pilot” be at fault or will the car’s manufacturer? The vast majority of accidents are currently caused by the driver and the manufacturer’s liability is small. With self-driving cars, the number of accidents should decline significantly, but the manufacturers’ risk of liability may increase. A balance will have to be reached so that consumers do not

shy away from buying these vehicles and manufacturers do not avoid the sector. What about underwri ng? What will the auto policy say about the ‘driver’ of a self-driving car? Auto policies are wri en with the assump on that cars are driven by people, and most of the states require insurers to set rates based on the insured person’s driving history. What happens when a machine is doing the driving? With self-driving cars, the en re underwri ng process will need to be revamped. There are numerous ques ons that will need to be ad-dressed before such vehicles take the road. Will the ‘driver’ have to maintain a constant vigil on the road ahead at all

mes? What are they allowed to do inside the vehicle? Can they drink? Can they nap, read a book or text message while the car does all the naviga ng? Will they even need a driver’s license? S When signing the bill that allows self-driving cars on Califor-nia’s roads, Governor Brown said, “We are looking at sci-ence fic on becoming reality in a self-driving car.” Although self-driving cars are s ll in the experimental phase, cars are inching closer to a Jetsons-like world where drivers may no longer have to drive. Automakers are taking incremental steps toward producing fully autonomous vehicles. At the 2013 Consumer Electronics Show, Audi unveiled a car that could park itself in a garage a er dropping you off. In addi-

on, several manufacturers have recently announced they will soon offer models that will come with ‘Traffic Jam As-sist’ technology, which will allow the car to drive itself in heavy traffic. The U.S. Ins tute of Electrical and Electronics Engineers, Inc., predicts that 75% of cars on the roads in the world in 2040 will be self-driving and that the people opera ng them will not need a license. As excitement and momentum for self-driving cars grows, there is, however, a long list of safe-ty, legal and insurance issues to iron out before these vehi-cles can roam the roads in the near future.

1 www.nhtsa.gov/cars/rules/import/fmvss/index.html. Accessed Jan. 7, 2013. 2 The New York Times, “Google Lobbies Nevada to Allow Self-Driving Cars,” May 10, 2011.

24


Additional Resources CIPR. (2016, June). The Sharing Economy [Webinar]. Retrieved from http://www.naic.org/cipr_events.htm Karapiperis, D., Birnbaum, B., Brandenburg, A., Castagna, S., Greenburg, A., Harbage, R., & Obersteadt, A. (2015, March). Usage-Based Insurance and Vehicle Telematics. CIPR Study, Retrieved from http://www.naic.org/documents/cipr_study_150324_usage_based_insurance_and_vehicle_telematics_study_series.pdf Obersteadt, A. (2015, February). Sharing a Ride, Not the Risk. CIPR Newsletter, 14. Retrieved from http://www.naic.org/cipr_newsletter_archive/vol14_sharing.pdf Nordman, E. (2014, July). Ride-sharing: New Technology Creates Insurance Challenges. CIPR Newsletter, 12. Retrieved from http://www.naic.org/cipr_newsletter_archive/vol12_ride_share_challenges.pdf

Brandenburg, A. (2014, January). CIPR Event Explores the Future of Automobile Insurance. CIPR Newsletter, 10. Retrieved from http://www.naic.org/cipr_newsletter_archive/vol10_future_auto_insurance.pdf

27

NAIC Insurance Regulator Professional Designation Program - comprehensive, customizable, content-rich curriculum…directly from the NAIC

Over 800 enrollments and growing…our designations have been designed to assure that regulators have a basic understanding of market, solvency, and rates and forms regulation at the APIR level, specialized training in regulatory concepts at the PIR level, leadership training at the SPIR level and a focused understanding of investments at the IPIR level. We continue to add new course opportunities at the PIR level and the new IPIR courses are rolling out at a rapid pace!

What Regulators Have to Say:

"The APIR program was a well- rounded program that gave me a clear picture of how I fit into the overall regulatory setting. The background obtained through these classes has improved my ability and confidence to perform as a regulator immensely, and I believe there is something here for everyone.”…David

"The APIR has provided me with a wonderful opportunity to learn from and interact with regulators across the country (and our U.S. territories). I think the NAIC will be of growing importance to all of us in the future and we should not miss the opportunity to learn from the wealth of knowledge and experience it offers to us."…Richie

“I have really enjoyed the PIR program. It has enhanced my skills as a regulator by increasing my knowledge of both the industry and the regulatory tools that I have at my disposal. One of my favorite things about the program is the opportunity to attend instructor-led NAIC courses and associate with other regulators. There is no substitute for learning from other regulators personal experiences…Dan “Through the NAIC Designation Program I have been able to work, learn, accomplish and excel in insurance regulatory areas outside of my duties. The program gave me the opportunity to broaden my knowledge beyond the basic insurance scope and think outside the box.”...Vanessa

If you are a state insurance department employee, we invite you to sign up and learn how this program can help you achieve your personal goals.

Visit us at http://www.naic.org/education_designation.htm

NOTES:

29

NOTES:

30

NOTES:

31

NOTES:

32

NOTES:

33

NOTES:

34

cipr summer event: gearing up for autonomous vehicles...susan a. bonilla assemblymember, 14th...

Documents