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NAIC Elects New Officers Amid Doubts All Will Be There After November Elections

The NAIC's bylaws state that elections will occur at the last meeting of the year, which until this year had been in December. But...
October 27, 2010

After briefly considering postponing their own election until after the nation's November 2 general elections, the NAIC went ahead and selected their new leaders.

The NAIC's bylaws state that elections will occur at the last meeting of the year, which until this year had been in December. But this year, the NAIC moved to three meetings per year instead of four. That had led some commissioners to support a waiver postponing the elections, but that proposal never got off the ground.

Iowa Insurance Commissioner Susan E. Voss was elected President; Florida Insurance Commissioner Kevin M. McCarty was elected President-elect; Oklahoma Insurance Commissioner Kim Holland was elected Vice President; Louisiana Insurance Commissioner James J. Donelon was elected Secretary-Treasurer; and West Virginia Commissioner Jane L. Cline becomes Immediate Past President.

Depending on what happens in the November 2 elections, up to 17 new insurance commissioners could take office.

Click here to read Elections Could Mean Heavy DOI Turnover (National Underwriter 10/18/10)

October 27, 2010