Saying good buy to an old friend

FOR IMMEDIATE RELEASE STATEMENT FROM NAIC PRESIDENT SUSAN E. VOSSNAIC Remembers Former Virginia Insurance Commissioner Alfred Gross "We are saddened to learn of the passing of our dear friend and former colleague, Al Gross. In his fourteen years as commissioner of the Virginia Bureau of Insurance before retiring last fall, Al was an invaluable asset to the NAIC and a mentor to many fellow regulators. He was a leader in financial regulation and highly regarded internationally for his contributions. State-based regulation is better because of him. While he was lauded for his tremendous regulatory expertise, Al was equally appreciated for his service and friendship. On behalf of the NAIC, we extend our deepest sympathies to his family."

About the NAIC Formed in 1871, the National Association of Insurance Commissioners (NAIC) is a voluntary organization of the chief insurance regulatory officials of the 50 states, the District of Columbia and five U.S. territories. The NAIC has three offices: Executive Office, Washington, D.C.; Central Office, Kansas City, Mo.; and Securities Valuation Office, New York City. The NAIC serves the needs of consumers and the industry, with an overriding objective of supporting state insurance regulators as they protect consumers and maintain the financial stability of the insurance marketplace. For more information, visit www.naic.org.