Lieutenant Governor Tregenza Roach departed the territory on Saturday to participate in the National Association of Insurance Commissioners (NAIC) Mid-Year Roundtable, held in Big Sky, Montana, the Office of the Lieutenant Governor announced Saturday.
The conference brings together insurance regulators from across the country to discuss key industry issues including consumer protections, climate risks, and federal policy developments.
In addition to serving as lieutenant governor, Mr. Roach also holds the role of commissioner of insurance for the U.S. Virgin Islands. In this capacity, he is an active member of the NAIC Southeast Zone and currently serves as the zone’s Secretary/Treasurer. The Southeast Zone includes 14 states, along with the U.S. Virgin Islands and Puerto Rico. The NAIC plays a central role in setting regulatory standards, sharing insurance data, and helping commissioners safeguard consumer interests.
While Mr. Roach is away, Department of Finance Commissioner Kevin McCurdy will assume the role of acting governor, as Governor Albert A. Bryan Jr. remains off-island on official business following his departure from the territory on June 13. Senate President Milton Potter will continue to serve as acting lieutenant governor during the interim period.
Mr. Roach is expected to return to the Virgin Islands on Friday, June 28, at which point he will resume duties as acting governor until Governor Bryan returns on June 29.
Roach’s participation in the NAIC conference is fully funded by the organization. The NAIC holds three such national meetings each year — in the spring, summer, and fall — to provide a forum for discussion on state regulatory affairs, federal developments, and emerging challenges such as climate-related risks in the insurance sector.
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