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June 17, 2026

Âé¶¹Ô­´´ Discusses Risk Mitigation, International Engagement in Panama

At the Insurance Sector Supervision Forum in Panama City, Panama, sponsored by the Superintendency of Insurance and Reinsurance of Panama (SSRP), California Department of Insurance Commissioner Ricardo Lara presented on risk mitigation in the U.S., providing insight into the Âé¶¹Ô­´´â€™s National Climate Resilience Strategy for Insurance and state insurance regulators’ other efforts to curb the effects of natural disasters such as earthquakes, floods, wildfires, and more. 

Additionally, Âé¶¹Ô­´´ Director of International Affairs Ryan Workman discussed insurance regulation in the U.S., including the role of the Âé¶¹Ô­´´ and its committees, as well as the organization’s top priorities and international efforts.

On the sidelines of the event, the Âé¶¹Ô­´´ met with representatives from the SSRP to discuss mutual priorities and plans for further engagement and collaboration with the Âé¶¹Ô­´´ as a new member of the Association of Insurance Supervisors of Latin America (ASSAL).

California Insurance Commissioner Ricardo Lara presents on the Âé¶¹Ô­´´'s National Climate Resilience Strategy for Insurance at the Insurance Sector Supervision Forum in Panama City, Panama.

Âé¶¹Ô­´´ the Âé¶¹Ô­´´

As part of our state-based system of insurance regulation in the United States, the Âé¶¹Ô­´´ (Âé¶¹Ô­´´) 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 Âé¶¹Ô­´´, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. Âé¶¹Ô­´´ staff supports these efforts and represents the collective views of state regulators domestically and internationally.