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Poolman is Second NAIC Leader to Resign in 15 Days

Jim Poolman, Vice President of the National Association of Insurance Commissioners, has become the second NAIC leader to resign in 15 days. Poolman's resignation follows...
September 7, 2004

Jim Poolman, Vice President of the National Association of Insurance Commissioners, has become the second NAIC leader to resign in 15 days. Poolman's resignation follows on the heels of NAIC President Ernst Csiszar's decision to quit to become president of the Property Casualty Insurers Association of America (PCI).  Poolman cited family obligations for his decision to step aside, adding that he did not want the top spot and felt he should make way for a new team. Poolman said he would remain as North Dakota insurance commissioner and seek reelection on the Republican ticket in November.

The composition of the new NAIC leadership team will be decided in a September 12 election during the group's summer meetings in Anchorage, Alaska. Prospects for who might fill the top vacancy became more muddled after NAIC Secretary/Treasurer Joel Ario - third in the line of succession - said that for now, he only wants to be vice president. Ario, Oregon's insurance commissioner, said his state's legislature meets every other year and he has an ambitious agenda for the 2005 session. He said 2006 would be a better year for him to be NAIC president.