Lieutenant Governor Tregenza A. Roach will leave the Territory today to attend the National Association of Insurance Commissioners (NAIC) Fall Southeast Zone Meeting in Little Rock, Arkansas. The NAIC organization is responsible for establishing insurance standards and serves as a primary lead for regulatory oversight on insurance relations and matters related to insurance policies.
In his capacity as the Commissioner of Insurance for the U.S. Virgin Islands, Lieutenant Governor Roach serves as a member of NAIC and actively participates in various conferences and meetings paid for by the NAIC.
The NAIC Southeast (SE) Zone consists of 12 states, and two U.S. Territories (Puerto Rico and the U.S. Virgin Islands). At the Fall SE Zone Business Meeting, participants will discuss state affairs, receive updates on federal policies, and participate in regulatory planning sessions.
Lieutenant Governor Roach will return to the Territory on October 12, 2019. During his absence, Senate President Novelle E. Francis will assume the duties of the lieutenant governor, as per the Revised Organic Act of the Virgin Islands.