At the NAIC Fall 2022 National Meeting, which took place on December 12–16, 2022, state insurance regulators continued their work to address the 13 regulatory considerations set forth in the list adopted by the National Association of Insurance Commissioners (NAIC) in August 2022 pertaining to concerns related to the increasing number of U.S. insurance companies owned by private equity firms. The regulatory considerations set forth in the NAIC List are “not exclusive” to private equity-owned insurers, and, accordingly, many of the NAIC initiatives to address these regulatory considerations apply broadly to any insurance company engaged in the specified activities. This memorandum provides an update on these NAIC initiatives.