CIPR Symposium - National Association of Insurance ...€¦ · Iowa Insurance Division 2. Product Trends ... Angela Nelson, Market Regulation Director, ... Julie Mix McPeak

THE CENTER FOR INSURANCE POLICY & RESEARCH © 2012 National Association of Insurance Commissioners

CIPR Symposium: State of Life Insurance Industry

Implications of Industry Trends

October 25-26, 2012 Charlotte, North Carolina



Material Packet

Agenda 1-3 Biographies 5-16 Participant List 17-19 Hotel Layout 21 Transportation Information 23 Local Dining Information 25-27 Map 29 Notes 31 Separate Handout: CIPR White Paper: State of Life Insurance Industry Implications of Industry Trends



Agenda

Day 1: October 25, 2012

(Salons D & E)

Attendee Sign-In and Material Pick-Up: 7:30 – 9:00 (Registration Desk)

Breakfast: 8:00 – 9:00 (Salons A, B, C)

Welcome and Introduction

9:00 – 9:15 Host: Commissioner Julie McPeak, Tennessee Insurance Division Introduction: Goals and Overview

Session 1: Globalization and Changing Market Place Transform the Industry

9:15 – 10:45 The life insurance industry has been dramatically transformed over the past few decades. This session will discuss how the evolving marketplace, globalization and changing regulatory requirements drove this transformation. Areas to be Covered:

1. Organizational Restructuring through M&A, Demutualization, Convergence, and Increased Concentration – Ron Joas, Director, Financial Institutions, Standard & Poor’s

2. Impact of the Conversion from Rules-Based to Principle-Based Reserving – Alice Fontaine, Consulting Actuary, Fontaine Consulting

3. Insurers Adjust to Changing Regulatory Requirements – Joe Torti, Director and Superintendent, Rhode Island Division of Insurance

Break: 10:45 – 10:55 (Salons D & E)

Session 2: Impact of Recent Economic Trends on Insurers

10:55 – 12:25 This session will examine the challenges that life insurers face in the current economic environment, including those from sustained low interest rates, equity market volatility, and lower product demand. Areas to be Covered:

1. Balance Sheet Trends in the Last Decade – Greg Niehaus, Professor of Insurance and Finance, University of South Carolina

2. Impact of the Low Interest Rate Environment – Larry Bruning, International Life Actuary, NAIC

3. Economic Environment and Consumer Demand for Insurance Products – Lee Covington, Senior Vice President and General Counsel, Insured Retirement Institute

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Day 1: Continued

Lunch: 12:30 – 1:30 (Salons A, B, C)

Session 3: Insurers Respond to Change with Product Innovation

1:30 – 3:00 This session will trace the evolution of insurance products from traditional mortality and morbidity based products to investment-oriented products. Products trends, such as the growing need for retirement based products, increased use of hybrid products, and niche product markets, will also be discussed. Areas to be Covered:

1. Product Evolution – Jim Mumford, First Deputy Insurance Commissioner, Iowa Insurance Division

2. Product Trends – Jim Mumford, Iowa Insurance Division and Andrew Melnyk, Vice President, Research, ACLI

3. Speed to Market Innovations – Alice Fontaine, Consulting Actuary, IIPRC

Break: 3:00 – 3:15 (Salons D & E)

Session 4: Evolution to Distribution Channels 3:15 – 4:45 Insurers are increasingly using new distribution channels to reach consumers. This

session will explore the impact of recent technological advances, such as mobile platforms and social media, on the life insurance industry as well as the impact of these third-party distribution channels. Areas to be Covered:

1. Impact of Recent Technological Advances on Consumers and Insurance Regulators – Angela Nelson, Market Regulation Director, Missouri Department of Insurance

2. Implications of Emerging Technology on Insurers – Todd Silverhart, Corporate Vice President and Director, LIMRA

3. Impact of Third-Party Distribution Channels – Lee Covington, Senior Vice President and General Counsel, IRI

Reception: 5:30 – 7:00 (Salons A, B, C)

(Day 2 on Next Page)

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Day 2: October 26, 2012

(Salons D & E)

Breakfast: 8:00 – 9:00 (Salons A, B, C)

Session 5: Managing the Risks of the New Environment

9:00 – 10:00 In light of the recent global financial crisis, regulators and legislators are examining the structure and protections of the financial regulatory system. Areas to be Covered:

1. The Need for Better Transparency and Disclosure – Angela Nelson, Market Regulation Director, Missouri Department of Insurance

2. Ensuring Capital Adequacy – Eleanor Kitzman, Commissioner, Texas Department of Insurance

Break: 10:00 – 10:15 (Salons D & E)

Session 6a: Break Out Sessions

10:15 – 11:45 Attendees and speakers will separate into groups to discuss and exchange views on the future.

Lunch: 11:45 – 12:45 (Salons A, B, C)

Session 6b: Break Out Sessions

12:45 – 1:45 Breakout groups will come back together and share their individual discussions with the group.

Session 7: Closing Remarks

1:45 – 2:00 Host Review

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CIPR Symposium State of Life Insurance – Implications of Industry

Charlotte, NC – October 25-26, 2012

Biography Information

Julie Mix McPeak Commissioner Tennessee Department of Commerce and Insurance, Insurance Division Commissioner Julie Mix McPeak was appointed by Governor Bill Haslam to lead the Tennessee Department of Commerce and Insurance in January 2011. She brings to the department more than 13 years of legal and administrative experience in state government. Before being named to lead the department, she practiced as Counsel to the Insurance practice group of law firm Burr & Forman LLP. She also served as the Executive Director of the Kentucky Office of Insurance (KOI). Before her appointment as Executive Director, McPeak spent nine years as an attorney for KOI, the final five as general counsel. She also served as general counsel to the

Kentucky Personnel Cabinet. McPeak served as co-counsel for the Kentucky Association of Health Plans v. Miller, a case heard before the Supreme Court of the United States, regarding ERISA preemption and state “Any Willing Provider” statutes. McPeak is a frequent author and lecturer on insurance issues, having addressed members of the American Council of Life Insurers, the National Association of Mutual Insurance Companies, the National Alliance of Life Companies and the Million Dollar Roundtable. Her recent presentations include the Self-Insurance Institute of America and the South Carolina Captive Insurance Association. Recent articles include, "The Saga Continues: More Uncertainty for Fixed Indexed Annuity Insurers;" "The SEC's Adventures in Wonderland: The Indexed Annuities Regulatory Debate;" and "The Securities and Exchange Commission's Rule 151A: Laudable Goals, but Suspect Rationale." McPeak also co-authored the article, "The Future of State Insurance Regulation: Can it Survive?" featured in Risk and Management Insurance Review. McPeak is a member of the Tennessee Bar Association, Kentucky Bar Association, Nashville Bar Association, and Franklin County Bar Association. She is an active member of the American Bar Association, Tort and Insurance Practice section, where she serves as Vice-Chair of the Insurance Regulation Committee and a member of the Federal Involvement in Insurance Regulatory Modernization Task Force. She was also a member of the National Association of Insurance Commissioners, including participating on the Executive Committee, serving as the Southeastern Zone Secretary/Treasurer and Chair of the Life Insurance and Annuities Committee. McPeak has also served on the Board of Directors of the National Insurance Producer Registry. McPeak received her J.D. from the University of Louisville School of Law in 1994. She is a 1990 graduate of the University of Kentucky, where she received her B.B.A., With Distinction, in Marketing.

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Ron Joas Director, Financial Services Ratings Standard & Poor’s Ronald Joas is a Director in the Insurance Ratings group at Standard & Poor’s Ratings Services. Ron manages a team of analysts covering a cross section of life, health, mortgage, and title insurance companies and is the sector lead analyst for the mortgage insurance sector. Before that, Ron was the Accounting Specialist responsible for providing direction in which financial information is analyzed and incorporated into Standard & Poor’s

financial analysis and ratings considerations. Ron joined Standard & Poor’s from PricewaterhouseCoopers LLP’s National Risk & Quality Office where he advised both insurance and non-insurance entities on financial instruments, including derivatives/embedded derivatives, share repurchase transactions, debt/convertible debt, preferred/convertible preferred stock, guarantees, beneficial conversion features, insurance contracts, and risk transfer matters. Ron also provided audit services for several large insurance firms within PricewaterhouseCoopers LLP’s New York office. He was previously a personal and commercial lines underwriter and supervisor for the State Farm Insurance Companies, leading a team of underwriters responsible for loss and coverage analyses, product line profitability and viability, and implementation of loss control programs. Ron is a Chartered Property and Casualty Underwriter, a licensed certified public accountant in New York and a member of the American Institute of Certified Public Accountants. He graduated cum laude with a bachelor of science degree in Finance and International Business from the University of Colorado–-Denver, and holds a master of business administration degree in Finance and International Business from New York University–-Stern School of Business.

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Alice Fontaine President Fontaine Consulting LLC Alice graduated with a Business degree from the University of Manitoba. She worked for an

insurer while gaining her actuarial credentials, then moved state-side and has been consulting with small to mid size insurers, fraternals and various regulatory agencies. Over the last 5 years, she has focused on providing statutory financial examination support to states, and product filing and rate review for Life, Annuity and Health products for the Interstate Insurance Product Regulation Commission. She is very active in the actuarial community, being a volunteer, presenter and leader for various American Academy of Actuaries (AAA) work groups, Society of Actuaries sections, and actuarial clubs. She is currently chair of the AAA Life Valuation Subcommittee, and has been active in various workgroups for principle-based approaches for Risk Based Capital and Reserves since 2006.

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Joseph Torti III Deputy Director and Superintendent of Insurance and Banking Rhode Island Department of Business Regulation, Division of Insurance Superintendent of Insurance December 16, 2002. In 2008, Torti was appointed Deputy Director and Superintendent of Insurance and Banking. Torti has enjoyed tenure of more than 25 years with the Insurance Division, beginning his career as a senior examiner. He previously served as chief insurance examiner, managing the largest section of the Insurance Division. Prior to joining the Insurance Division, he was a bank examiner and worked as an auditor for the Department of Transportation.

Torti graduated cum laude from Providence College with a bachelor’s degree in business administration with a specialization in accounting. He is a certified public accountant and certified financial examiner. He is a member of the American Institute of Certified Public Accountants, the Institute of Internal Auditors and a former member and officer of the Society of Governmental Accountants and Auditors. He currently serves as chair of the NAIC Financial Condition (E) Committee and Vice Chair of the Audit Committee of the Interstate Insurance Product Regulation Compact (IIPRC). He is also a member of the NAIC Audit Committee, along with other committees and working groups.

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Greg Niehaus Professor of Insurance and Finance University of South Carolina Greg Niehaus is Professor of Finance and Insurance at the University of South Carolina's Darla Moore School of Business. He received his Ph.D. from Washington University in 1985, and held faculty appointments at the University of Michigan and Michigan State University. He has served four years as Senior Associate Dean for Research and Academics and four years as Finance Department Chair at the Moore School of Business. His research has been published in the Journal of Financial Economics, Journal of Finance, Journal of Business, Journal of Financial Intermediation, Journal of Banking and

Finance, The Accounting Review, Financial Management, Journal of Financial Services Research, Journal of Risk and Insurance, and the Financial Analysts Journal. His current research interests include corporate finance, the economics of insurance, corporate pension plans, and corporate risk management. Professor Niehaus has won several teaching awards and has co-authored a textbook, Risk Management and Insurance, with Scott Harrington.

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Larry Bruning International Life Actuary National Association of Insurance Commissioners Bruning currently represents the NAIC and State Insurance Regulators on various subcommittees and working groups of the International Association of Insurance Supervisors (IAIS). Currently he is assisting in drafting revised international Insurance Core Principles (ICP) that will be binding on international insurance regulators. He also represents the NAIC on federal working groups that were formed as a result of the Dodd-Frank Act. He has participated in SOA meetings as a volunteer speaker for various sessions,

served a 3-year term on the Board of directors of the American Academy of Actuaries and has participated as a volunteer speaker for many Academy meetings. Prior to joining the NAIC, he was a regulatory actuary for the state of Kansas. During that time, he was chair of the Life and Health Actuarial Task Force of the NAIC, served on many NAIC committees and working groups, and was the recipient of the NAIC's Dineen Award. He has also taught Theory of Interest and Actuarial Mathematics at the University of Nebraska, Lincoln and Omaha and currently teach those courses at Washburn University in Topeka, Kansas. Bruning graduated from the University of Nebraska, Omaha with a degree in mathematics. He has 29 years of insurance experience working as an actuary for four life insurance companies. He has experience as both a pricing and valuation actuary in fixed and variable life insurance and annuities as well as long term care insurance.

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Lee Covington Senior Vice President and General Counsel Insured Retirement Institute Lee Covington leads IRI’s legal, legislative and regulatory strategy at the federal and state level, including all efforts before the President’s administration, Congress, SEC, FINRA, state legislatures, and state insurance and securities departments. Prior to joining IRI in March 2009, Mr. Covington was the co-leader of the National Insurance Practice at an AmLaw 100 global law firm, Squire Sanders & Dempsey. During his time at the firm, Mr. Covington advised insurance company and broker clients regarding regulatory and compliance issues, including state and federal annuity regulations, class action and other insurance related lawsuits, and

legislative and public policy issues. He has extensive experience with clients undergoing large multi-state market conduct examinations and investigations. Mr. Covington previously served as a senior member of PricewaterhouseCoopers’ National Insurance Advisory Practice. He also served as Director of the Ohio Department of Insurance, where he was a member of the NAIC Executive Committee as chair of the Midwestern Zone, Vice Chair of the NAIC Market Conduct and Consumer Affairs Committee, and one of the lead negotiators for the NAIC before the Congress on Gramm Leach Bliley and numerous other pieces of federal legislation. He was a principal author of the Statement of Intent to Modernize State Insurance Regulation, as well as the Interstate Insurance Product Regulation Compact Model Act, and led the implementation of SERFF as the one stop national rate and form filing system. As Vice Chair of the NAIC Market Conduct Committee, Mr. Covington was one of the primary architects of a plan to streamline and coordinate market conduct examinations across the country. He was an active member of the NAIC Life Insurance and Annuities Committee, Chair of the Regulatory Re-engineering Committee, and a member of many other key NAIC Committees. In a cover article in Best Review, he was recognized as one of the most progressive regulators in the country and was the first Ohio Insurance Director to receive the Ohio Big I's Independence Bell Award. Mr. Covington has testified numerous times before Congress relating to regulatory modernization issues. Mr. Covington serves on the Board of the Griffith Foundation for Insurance Education. He is a member of the Editorial Review Board of the Journal of Insurance Regulation and a former board member of Journal of Insurance Regulation. Mr. Covington began his legal career serving as law clerk to United States District Judge Jimm L. Hendren.

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Jim Mumford First Deputy Insurance Commissioner Iowa Insurance Division James R. Mumford is First Deputy Commissioner of the Iowa Insurance Division and also is Securities Administrator which is the lead position for the Iowa Securities Bureau. Mr. Mumford graduated from Iowa State University in 1960 with a degree in agriculture economics. He graduated from Harvard University Law School in 1963. Mr. Mumford has worked in the insurance industry since 1965 starting in

private practice. In 1970 he became counsel with Equitable Life Insurance Company of Iowa. In 1976 he started a law firm specializing in insurance related matters. He worked extensively in insurance related matters including variable annuity and indexed annuity products, pension and tax matters, and financial and corporate governance matters. In 1997, he joined ING Americas as Chief Counsel, Corporate Affairs and also later undertook the duties of Chief Counsel, Special Projects. During that time he was general counsel of several ING insurance subsidiaries and furnished oversight on ING state government relations activities. In 2003, he retired from ING and became Of Counsel with Nyemaster, Goode, West, Hansell & O'Brien Law Firm in Des Moines, Iowa. In 2005 he was appointed to his current position. Mr. Mumford was active in the National Organization of Life and Health Guaranty Association (NOLHGA) where he was a member of its legal committee for 5 years (chair 2 years), member of its audit committee for 3 years (chair 1 year), member of its executive committee for 3 years (chair 1 year), member of its Board of Directors for 6 years (chair 1 year), member of its financial modernization committee for 3 years and co-chaired its Guaranty Association Modernization Task Force for 2 years. During his career, Mr. Mumford was active with the National Association of Insurance Commissioners (NAIC) on behalf of his clients. He was also active representing member companies of the American Council of Life Insurers (ACLI). Mr. Mumford represents the Iowa Insurance Division by serving on various NAIC Working Groups and Task Forces including currently chairing the NAIC Receivership and Insolvency Task Force and a working group reviewing the NAIC Annuity Disclosure Model Regulation.

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Andrew Melnyk Vice President, Research American Counsel of Life Insurers Andrew Melnyk is Vice President of Research at the American Council of Life Insurers (ACLI). His functions at ACLI include: managing the production of ten statistical publications; authoring or supervising the development of numerous white papers; staff representative on ACLI’s Life Insurance Investments Committee; and, serving as chief economist of ACLI. Prior to joining ACLI in 2005, he was an Economist with USAID’s Development Information Services project and, prior to that, a Research Economist with ERS Group. From 1998 to 2002, he held the

position of Assistant Professor of Economics at the American University in Cairo (Egypt) and from 2001 to 2002 served as Chair of the Economics Department. He has also held the position of Affiliate Professor at Loyola University (Baltimore), Visiting Instructor at the American Institute of Business and Economics (Moscow), Adjunct Professor at the University of Miami, and was an Economist at the U.S. Department of Commerce. He has a Ph.D. and M.A. in Economics from the University of Miami and a B.A. in Economics from the University of Illinois.

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Angela Nelson Market Regulation Director Missouri Department of Insurance The Director of the Market Regulation Division, Angela Nelson has been with the Missouri Department of Insurance since 2002. The Market Regulation Division examines the records of insurance companies to ensure fair treatment of policyholders and compliance with Missouri insurance laws; reviews insurance policies and rates for compliance with Missouri insurance laws; tracks industry trends and generates a number of annual reports about the Missouri insurance market.

Before leading the Market Regulation Division, Angela was the Director of the Consumer Affairs Division. In that position, she led the department’s recovery efforts on behalf of victims of the May 22 Joplin tornado. Through the efforts of her division, Missouri consumers recovered an additional $19.2 million dollars in 2011, a record amount for the Department. Angela previously managed the department's Property & Casualty Section, where she oversaw form and rate filings for all property and casualty insurance lines. Prior to that, she served as a workers' compensation specialist and a market conduct analyst. Before coming to the department, Angela was a licensed producer for State Farm Insurance. Angela graduated summa cum laude with a bachelor’s degree in Management and earned an MBA from William Woods University. She and her husband and two sons live in Jefferson City, Missouri.

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Todd Silverhart Corporate Vice President & Director, Technology in Marketing & Distribution Research & Markets Research LIMRA Silverhart is responsible for directing LIMRA’s technology research program and its markets research program. He supervises and conducts company practices studies, consumer research, and white papers focused on helping LIMRA member companies understand developments in the use of technology specifically to market and distribute financial services products. He also oversees a staff of researchers responsible for examining the marketing of risk and accumulation products and services to consumers. This research program focuses on general markets issues as well as the middle-market and emerging consumer segments. A frequent industry speaker and author, he also serves as

staff representative for LIMRA’s Market Research Committee and e-Business and CRM study groups. Having joined LIMRA in 1988, Silverhart previously served in LIMRA’s Assessment Solutions unit where he conducted producer and field manager selection research, consultation, and product development. He is a graduate of Middlebury College and received his Ph.D. in industrial and organizational psychology from Old Dominion University.

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Eleanor Kitzman Commissioner Texas Department of Insurance Eleanor Kitzman was appointed the Texas Insurance Commissioner effective August 15, 2011 by Governor Rick Perry. She served as the executive director of the South Carolina Budget and Control Board and was the past director of the South Carolina Department of Insurance. She is a former clerk for the Texas Supreme Court. She previously held management positions with several insurers and reinsurers, and practiced law

with the Austin office of Akin, Gump, Strauss, Hauer & Feld. She is a member of the State Bar of Texas and South Carolina Bar Association. She received her B.A. from the University of Houston in 1984 and her J.D. from South Texas College of Law in 1986.

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1. Applegarth, Dan Assistant Chief Analyst Utah Insurance Department

2. Armstrong, Jim Deputy Commissioner Iowa Insurance Division

3. Barrett, Hugh Director, Government Relations Massachusetts Mutual Life Insurance Co.

4. Bartuska, Chrystal Product Filing Division Director North Dakota Insurance Department

5. Batts, Sandra Financial Analyst Kentucky Department of Insurance

6. Berkowitz, Jason Vice President, Regulatory Affairs & Compliance Insured Retirement Institute (IRI)

7. Bernstein, Jake Reporter ProPublica

8. Birnbaum, Birny Director Center for Economic Justice

9. Bixler, Tracy Life & Health Insurance Policy Examiner Pennsylvania Insurance Department

10. Bolton, David Compliance Specialist Oregon Insurance Division

11. Borja, Charlette Insurance Licensing Officer N. Marianas Islands Office of the Insurance Commissioner

12. Bruning, Larry International Life Actuary NAIC

13. Bunce, John Assistant Chief Examiner Virginia Bureau of Insurance

14. Chairusmi, Joy Government Relations Counsel MetLife

15. Childress, Jack Actuary I Nevada Division of Insurance

16. Cioppa, Eric Superintendent Maine Bureau of Insurance

17. Collingwood, James Actuary Ernst & Young LLP

18. Cornelison, Travis Life & Health Complaint Analyst South Dakota Division of Insurance

19. Covington, Lee Senior Vice President & General Counsel Insured Retirement Institute (IRI)

20. Crow, John Associate Vice President, Office of Compliance Nationwide

21. Davenport, Nancy Vice President MetLife

22. Dawe, Joy Director, Market Conduct Crump Life Insurance Services

23. Defrain, Kris Director, Research & Actuarial NAIC

24. Dennis, Karen Manager Michigan Office of Financial & Insurance Regulation

25. Dwyer, Elizabeth Deputy Chief of Legal Services Rhode Island Division of Insurance

26. Eads, Jay Special Assistant Attorney General Mississippi Insurance Department

27. Easland, Rebecca Director, Bureau of Financial Analysis & Examinations Wisconsin Office of the Commissioner of Insurance

28. Engle, Denise M. Deputy Insurance Commissioner Oklahoma Insurance Department

29. Ferguson, Bruce Senior Vice President, State Relations American Council of Life Insurers (ACLI)

30. Fitzpatrick, Scott Actuary, Company Supervision Washington Office of Insurance Commissioner

31. Fontaine, Alice Consulting Actuary IIPRC

32. Frank, Gina Division Administrator Wisconsin Office of the Commissioner of Insurance

33. Gill, Jillian Office of Personnel Management

34. Green, Joel Legal Counsel Nebraska Department of Insurance

35. Greff, Peter Insurance Standards Consultant Wyoming Insurance Department

36. Hall, Shanique CIPR Manager NAIC / CIPR

37. Haskell, Jennifer Life & Health Insurance Rate Analyst Alabama Department of Insurance

38. Healy, Kathleen Program Analysis Officer Office of Personnel Management

39. Herrick, Chris Life, Annuity & Credit Manager, Rate & Form Review Office Texas Department of Insurance

40. Holman, Jeannette Senior Policy Analyst Oregon Insurance Division

41. Hudson, Mary Jo Member Bailey Cavalieri LLC

2012 CIPR Symposium: Participant List

CIPR SymposiumState of Life Insurance – Implications of Industry


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42. Hurley, John John R. Hurley Government Relations

43. Ioanis, Anita Insurance Examiner New Jersey Department of Banking & Insurance

44. Joas, Ron Director Standard & Poor's

45. Karapiperis, Dimitris Researcher NAIC

46. Kitzman, Eleanor Commissioner of Insurance Texas Department of Insurance

47. Knight, Jr., Larry Assistant Commissioner for Insurance Tennessee Department of Commerce & Insurance

48. Kupferman, Perry Supervising Life Actuary California Department of Insurance

49. Lapham, Jason Policy Examiner Kansas Insurance Department

50. Loomis, Jeff Senior Life & Health Financial Analyst NAIC

51. Mancini, Matthew Counsel to the Commissioner Massachusetts Division of Insurance

52. Mazyck, Reggie Life Actuary NAIC

53. Mcpeak, Julie Mix Commissioner Tennessee Department of Commerce & Insurance

54. Mead, Rosanne Assistant Commissioner Iowa Insurance Division

55. Meetz, John Policy Analyst American Academy of Actuaries

56. Melnyk, Andrew Vice President American Council of Life Insurers (ACLI)

57. Miles, Shari Rates & Compliance Analyst South Carolina Department of Insurance

58. Mumford, Jim First Deputy Commissioner Iowa Insurance Division

59. Murphy, Paula Reinsurance Financial Specialist Florida Office of Insurance Regulation

60. Murphy, Karen Administrative Insurance Examiner Vermont Department of Financial Regulation

61. Niehaus, Greg Professor of Insurance & Finance University of South Carolina

62. Nelson, Angela Director, Division of Market Regulation Missouri Department of Insurance

63. Nordman, Eric Director of Regulatory Services, Research NAIC

64. Obersteadt, Anne Senior Researcher NAIC

65. O'Dell, Myrna Forms Analyst Montana Office of the Commissioner of Securities & Insurance

66. Oshman, Michele Chief Deputy Director Illinois Department of Insurance

67. Ostapchuk, Tamara Insurance Analyst II Florida Office of Insurance Regulation

68. Pankow, Sara Statistical Analyst NAIC

69. Potter, Robert Life Actuary North Carolina Department of Insurance

70. Prochoroff, Alan Editor Insurance Compliance Insight

71. Rarus, Andrew Life Actuary Connecticut Insurance Department

72. Rees, Douglas Examiner New Hampshire Insurance Department

73. Rhoad, Devin Analyst, Life Actuarial Review Maryland Insurance Administration

74. Ryals, Kevin Partner Dixon Hughes Goodman LLP

75. Santos, Teresa C. Regulatory Examiner II Guam Department of Revenue and Taxation

76. Scanlon, James Life Specialist, Consumer Affairs Officer Idaho Department of Insurance

77. Schacht, James Principal Schacht Group

78. Scism, Leslie Staff Reporter & News Editor The Wall Street Journal

79. Silverhart, Todd Corporate Vice President & Director LIMRA

80. Stolte, Doug Deputy Commissioner Virginia Bureau of Insurance

81. Torti, Joseph Deputy Director & Superintendent of Insurance Rhode Island Division of Insurance

82. Travis, Sheila Chief Financial Analyst Alabama Department of Insurance

83. Usher, Clarine Consultant Dixon Hughes Goodman LLP



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84. Walker, James Senior Management Analyst I Florida Office of Insurance Regulation

85. Ward, Barry Deputy Commissioner Licensing & Compliance Louisiana Department of Insurance

86. Williams, Holly Attorney Indiana Department of Insurance



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Transportation Information

Location: The downtown Marriott City Center in Charlotte, NC is located at 100 West Trade Street, Charlotte, North Carolina 28202. Their telephone number is 1-704-333-9000. The hotel is conveniently located close to many restaurants and attractions. A walking map has been included in your packet, for your convenience. Transportation: The hotel does not provide shuttle service. For transportation from Charlotte Douglas International Airport: Options are as follows: CLT Express Transportation: 704-825-0666 or www.cltexpress.com. Cost is $35 USD (one way).

The Sprinter (Route 5), Bus Service: Cost is $2 (one way).

o Bus Station Charlotte Greyhound Station: 0.7 mile(s) NW

Subway Service: Cost is approximately $4 USD.

o Train Station CTC Station: 0.2 mile(s) SE Charlotte Amtrak Station: 2 mile(s) NE

Taxi Service: Cost is approximately $25 (one way).

Parking: If you will be driving, or renting a car, the hotel provides on-site parking. Please see additional information below. Driving directions: Take Billy Graham Parkway South to I-77. Follow I-77 North. Off I-77, take exit 10

(Trade Street). At stop light turn right onto Trade Street. Go 1 mile and hotel is on the left. From I-85 - Take I-77 South. Take Exit 10B (Trade Street East). Follow Trade St into city and hotel entrance is on the left.

On-site parking: Cost is $4 hourly, $14 daily.

Valet parking: Cost is $20 USD daily.

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http://www.cltexpress.com/



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Dining Information

Hosted Functions: CIPR will be hosting five separate food functions during the symposium. During the symposium, refreshment breaks will also be provided both Thursday and Friday. All meals will be served in Salons A, B, and C. Thursday:

o Continental Breakfast – Starting at 8:00am, there will be a complimentary, continental breakfast. o Lunch – After our morning session, lunch will be provided. o Reception – Beginning at 5:30pm, we will have light hors d'oeuvres.

Two drink tickets will be provided in your material packets for drinks. Friday:

o Continental Breakfast – Starting at 8:00am, there will be a complimentary, continental breakfast. o Lunch – After our morning session, lunch will be provided.

Dining: The downtown Marriott City Center has four restaurants, a Coffee House, and one lounge for your convenience.

Hotel Restaurants First Light Breakfast Bar American Start your day off right with breakfast at the First Light restaurant in our Uptown Charlotte hotel

• Open for breakfast • Dress code: Casual • Phone: 1-704-333-9000

Champion's Sports Bar and Restaurant American Catch the game on one of forty-two large screen HDTVs in a casual setting at this sports bar and restaurant in Uptown Charlotte, NC.

• Open for lunch and dinner • Dress code: Casual • Phone: 1-704-333-9000

Savannah Red Restaurant Eclectic Declared as "The boldest food in Charlotte" by the James Beard Foundation, internationally renowned Chef Jean-Pierre Marechal uses local, hand-picked produce and time-tested flavors of traditional southern cooking combined with a contemporary twist.

• Open for dinner • Dress code: Casual • Phone: 1-704-358-6524

Wine Bar at Savannah Red Eclectic Unique atmosphere offering a tapas menu and over 30 wines by the glass from our wine list of over 200 different and limited edition varieties, truly unique among Uptown Charlotte restaurants.


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Hotel Coffee House & Lounge

Cutter's Cigar Bar Other One of the last remaining smoking lounges in Charlotte featuring authentic Cuban Cigars and fine spirits.


re:STORE (featuring Starbucks Coffee) Coffee House Enjoy delicious, freshly brewed Starbucks Coffee while staying at our Charlotte hotel in our re:STORE plus gifts and grab-n-go food and beverage items.

• Open for breakfast, lunch and dinner • Dress code: Casual • Phone: 1-704-333-9000

Local Restaurants

Aquavina Seafood Price Range: $$-$$$ 435 S. College St

Aria Tuscan Grille Italian Price Range: $$$ 100 N Tryon Street

Bentley's on 27th Fine Dining Price Range: $$$-$$$$ 201 S. College St

Blue Restaurant Upscale Cosmo Price Range: $$$-$$$$ Corner of 5th and College

BLT Steak @ Ritz Carlton Hotel Fine Dining Price Range: $$$$ 110 N. College St.

Capital Grille Classic Steakhouse Price Range: $$$-$$$$ 201 N. Tryon St

Carpe Diem Restaurant American Fusion Price Range: $-$$ 1535 Elizabeth Ave

Cosmo's Café American Price Range: $-$$ Corner of 6th and College St

Enso Asian Bistro Asian/Sushi Price Range: $$$ EpiCenter - 1st Floor

Ember Grille @ Westin Hotel American Price Range: $$ 601 S. College St

Flemings Steakhouse Steakhouse Price Range: $$$$ 210 East Trade St (EpiCentre)

Fox and Hound Casual Price Range: $-$$ 330 N Tryon St

Fuel Pizza Casual Price Range: $ 500 South College

Illume @ Omni Hotel Mediterranean Price Range: $$ 132 E. Trade St

McCormick & Schmick's Seafood Price Range: $-$$ 200 S. Tryon Street

Mimosa Grill Southern Influence Price Range: $$$ 327 S. Tryon Street

Harvest Moon Grill @ Dun Hill Hotel Fine Dining Price Range: $$ 237 N. Tryon St

Morton's Steakhouse Steakhouse Price Range: $$$-$$$$ 227 W Trade St

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Local Restaurants (Continued)

RiRa Irish Pub & Restaurant Casual Price Range: $$ 208 N Tryon St

Rock Bottom Casual Price Range: $-$$ 401 N Tryon St

Ruth's Chris Steakhouse Steakhouse Price Range: $$$-$$$$ 222 South Tryon St

Vida Mexican Canteen Mexican Price Range: $$ EpiCenter - 1st Floor

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Map

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Notes

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Documents

CIPR Symposium - National Association of Insurance ...€¦ · Iowa Insurance Division 2. Product Trends ... Angela Nelson, Market Regulation Director, ... Julie Mix McPeak