New NAIC Management for 2023‎

Final month the members of the Nationwide Affiliation of Insurance coverage Commissioners (“NAIC”) elected new management from amongst their membership for 2023. Missouri Director Chlora Lindley-Meyers is the brand new President and the primary lady of colour elected to that place. Connecticut Commissioner Andrew N. Mais is the brand new President-Elect, which implies that he’ll fill in as President each time, on account of exigent circumstances, Director Lindley-Meyers is unable. As President-Elect, Commissioner Mais would be the presumptive NAIC President in 2024. North Dakota Commissioner Jon Godfread was elected Vice-President whereas Virginia Commissioner Scott A. White was elected Secretary-Treasurer.

Earlier this month, the NAIC named its committee chairs and vice chairs. The officers and the latest previous president all serve on the Government Committee whereas Director Lindley-Myers will chair the Government Committee as NAIC President. Whereas the Government Committee handles administration of the NAIC, the letter committees are the place the majority of the substantive law-making work of the NAIC happens. Because of this, the chairs and vice-chairs of those committees wield substantial affect. The brand new letter committee management are as follows:

  • Life Insurance coverage & Annuities (A) Committee

Chair: Judith L. French, Ohio
Vice Chair: Carter Lawrence, Tennessee

  • Well being Insurance coverage & Managed Care (B) Committee

Chair: Anita G. Fox, Michigan
Co-Vice Chairs: John Pike, Utah, and Mike Kreidler, Washington

  • Property & Casualty Insurance coverage (C) Committee

Chair: Alan McClain, Arkansas
Co-Vice Chairs: Grace Arnold, Minnesota, and Larry D. Deiter, South Dakota

  • Market Regulation & Client Affairs (D) Committee

Chair: John Pike, Utah
Co-Vice Chairs: Mike Causey, North Carolina, and Michael Humphreys, Pennsylvania

  • Monetary Situation (E) Committee

Chair: Elizabeth Kelleher Dwyer, Rhode Island
Vice Chair: Nathan Houdek, Wisconsin

  • Monetary Regulation Requirements & Accreditation (F) Committee

Chair: Lori Ok. Wing-Heier, Alaska
Co-Vice Chairs: Vicki Schmidt, Kansas, and Sharon P. Clark, Kentucky

  • Worldwide Insurance coverage Relations (G) Committee

Chair: Gary Anderson, Massachusetts
Vice Chair: Eric Dunning, Nebraska

  • Innovation, Cybersecurity, and Expertise (H) Committee

Chair: Kathleen A. Birrane, Maryland
Co-Vice Chairs: Michael Conway, Colorado, and Doug Ommen, Iowa

NAIC officers could not function chairs or vice chairs of letter committees nor could a letter committee chair function chair of one other committee. Nevertheless, a chair of a letter committee could function vice-chair of one other committee. There are provisions inside the NAIC bylaws mandating geographic range and thus limiting geographic focus in all NAIC management positions.

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