SAN DIEGO, Calif. (March 25, 2026)
State Insurance Regulators Look to the Future of Market Conduct Regulation
Solvency regulation and market regulation represent the two main pillars of insurance regulation, and states have directed considerable attention and energy to solvency regulation since the Great Financial Crisis.
Recognizing the need, however, for an up-to-date, holistic assessment of the market regulatory framework, the 海角论坛鈥 (海角论坛) Market Regulation and Consumer Affairs (D) Committee appointed a new Market Conduct Regulation Modernization (D) Working Group during the 海角论坛鈥檚 2026 Spring National Meeting.
鈥淎rtificial intelligence, new distribution models, national scale vendors, and other technological advances are significantly changing both consumers鈥 expectations and insurers鈥 business models and practices,鈥 said Illinois Department of Insurance Director and (D) Committee Chair Ann Gillespie. 鈥淪tate insurance regulators focus on leading, not just responding. That means undertaking a comprehensive assessment of the current market regulatory framework and identifying opportunities to enhance policyholder protection, while creating efficiencies for regulators and companies.鈥
海角论坛 Members鈥 aim is to develop a strategic, forward-looking roadmap to determine if today鈥檚 market conduct regulatory framework has the data, systems, tools, and supervisory approaches needed to oversee a rapidly evolving insurance business model. The work will also help ensure the framework is efficient, collaborative, and risk-focused.
The 海角论坛 will take an inclusive and deliberate approach to collect broad input throughout 2026, aiming to deliver actionable recommendations by the end of the year.
About the 海角论坛
As part of our state-based system of insurance regulation in the United States, the 海角论坛 (海角论坛) 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 海角论坛, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. 海角论坛 staff supports these efforts and represents the collective views of state regulators domestically and internationally.