NATIONAL HARBOR, Md. -- Today Susan Voss (Iowa Commissioner) the outgoing President of the National Association of Insurance Commissioners (NAIC) announced that Commissioner Kevin McCarty will officially ascend to the NAIC presidency effective January 1, 2012. Commissioner McCarty will continue to serve as President-Elect of the NAIC through 2011.
“It is an honor and privilege to be elevated by my colleagues and to this leadership role,” remarked Commissioner McCarty, “Over the next year we must confront several important challenges. Whether it is Dodd-Frank or the Affordable Care Act, the federal government has become increasingly involved in the insurance arena. As your president, I intend to vigorously defend the role of state-based regulation, highlight our accomplishments, and continue to work for regulatory modernization and national uniformity to create an insurance framework that benefits both consumers and the insurance industry.”
Other officers elected by the NAIC during the Fall Meeting include James Donelon as President-Elect (Louisiana Commissioner), Adam Hamm as Vice-President (North Dakota Commissioner) and Monica Lindeen as Secretary-Treasurer (Montana Commissioner). All of the commissioners will assume their new roles January 1, 2012.