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NAIC Could Choose New CEO Soon

The National Association of Insurance Commissioners expects to have a new chief executive officer in office before Barack Obama is sworn in as president and...
December 16, 2008

The National Association of Insurance Commissioners expects to have a new chief executive officer in office before Barack Obama is sworn in as president and could have a candidate chosen by the end of the year, according to NAIC officials. The post of executive vice president and CEO has been vacant since Catherine Weatherford resigned abruptly July 3 after 12 years at the helm.

"We've identified several candidates that we think are very viable and we'll continue the interview process," former NAIC President Sandy Praeger told BestWeek. The selection committee is still gathering names, she said. NAIC leaders originally hoped to have a new top staffer in place before the just-completed winter national meeting, but the group is still meeting with potential candidates. However, the association could enter into contract negotiations with a selected candidate later this month, new NAIC President Roger Sevigny said.