It’s no secret professionals often are hesitant to engage directly with regulators at industry events or in other forums. In this episode, we discuss why that sort of engagement is so important with a pair of incredibly personable leaders of the National Association of Insurance Commissioners (NAIC), which regulates the title insurance industry. Chuck Myers and Connie Van Slyke offer insights into the aim of the NAIC’s working group intended to enhance industry participation to help regulators address existing issues and challenges. They dug into the historical context of title insurance regulation and the vital role open communication can play in addressing industry concerns, including current issues in title insurance and the future directions for the industry.
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