The Commissioner's Leadership Role on Several Important National
Committees
Commissioner
McCarty has consistently been a leader in insurance regulation,
which includes not only consumer protection for Florida
policyholders, but also to strengthen insurance regulation on a
nationwide basis. His leadership at the
National Association of Insurance Commissioners (NAIC),
a national association of insurance commissioners, is
demonstrated by Florida's participation on addressing numerous
significant insurance issues such as solvency regulation,
consumer protection initiatives, use of technology for greater
transparency and speed to
market.
Since assuming his role as insurance commissioner in 2003,
McCarty has been an active NAIC member through his roles and
leadership on a number of
key committees. Commissioner McCarty is a current member of
7 committees including 37 task forces, councils, and working
groups and 8 subgroups and serves as Chair of the Health
Actuarial Task Group, Medical Loss Ratio Subgroup, Catastrophe
Insurance Working Group, Investigation of Life/Annuity
Settlement Practices Task Force, and Professional Health
Insurance Advisors Task Force. In December 2008,
Commissioner McCarty was elected by his fellow commissioners to
the post of NAIC's secretary-treasurer, as vice president in
2009 and president-elect in 2010. Commissioner McCarty served as
President of the NAIC in 2012 and is now serving in the capacity
as Immediate Past President for 2013.