Washington, DC (WorkersCompensation.com) - The National Association of Insurance Commissioners (NAIC) has named its 2013 committee chairs and vice chairs, and assigned members to the organization's standing committees.
"This year's committee leadership brings invaluable expertise and insight that will be critical to advancing issues important to our regulatory framework," said Jim Donelon, NAIC President and Louisiana Insurance Commissioner. "Our greatest assets are the deep bench of the membership and the commitment to working together to enhance the national system of state-based regulation. This year's leadership team represents one of the NAIC's strongest yet."
NAIC leadership met earlier this month to make committee assignments based on each member's preferences and experience, as well as requirements established by the NAIC's Bylaws. The 2013 NAIC committee leadership assignments are as follows:
Life Insurance and Annuities (A) Committee
Chair: Julie Mix McPeak, Commissioner, Tennessee Department of Commerce and Insurance, Insurance Division
Vice Chair: Ralph T. Hudgens, Commissioner, Georgia Office of Insurance
Health Insurance and Managed Care (B) Committee
Chair: Sandy Praeger, Commissioner, Kansas Insurance Department
Vice Chair: Ted Nickel, Commissioner, Wisconsin Office of the Commissioner of Insurance
Property and Casualty Insurance (C) Committee
Chair: Mike Chaney, Commissioner, Mississippi Insurance Department
Vice Chair: Merle D. Scheiber, Director, South Dakota Department of Labor and Regulation, Division of Insurance
Market Regulation and Consumer Affairs (D) Committee
Chair: Sharon P. Clark, Commissioner, Kentucky Department of Insurance
Vice Chair: Stephen W. Robertson, Commissioner, Indiana Department of Insurance
Financial Condition (E) Committee
Chair: Joseph Torti III, Superintendent, Rhode Island Department of Business Regulation, Division of Insurance
Vice Chair: Eleanor Kitzman, Commissioner, Texas Department of Insurance
Financial Regulation Standards and Accreditation (F) Committee
Chair: Eleanor Kitzman, Commissioner, Texas Department of Insurance
Vice Chair: Thomas B. Leonardi, Commissioner, Connecticut Insurance Department
International Insurance Relations (G) Committee
Chair: Thomas B. Leonardi, Commissioner, Connecticut Insurance Department
Vice Chair: William P. White, Commissioner, District of Columbia Department of Insurance, Securities and Banking
The full 2013 NAIC Committee list can be found HERE.
About the NAIC
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S. For more information, visit www.naic.org.