NAIC elects 2012 officers

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Nov. 9, 2011—The National Association of Insurance Commissioners (NAIC) recently announced it elected the organization’s 2012 officers.

The elected officers will assume their duties Jan. 1, according to the NAIC. The organization’s new officers include the following:

• President: Kevin McCarty, Florida Insurance Commissioner
• President-elect: James Donelon, Louisiana Insurance Commissioner
• Vice president: Adam Hamm, North Dakota Insurance Commissioner 

• Secretary-treasurer: Monica Lindeen, Montana Commissioner of Securities and Insurance

The NAIC is the U.S. standard-setting and regulatory support organization created and governed by chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. State insurance regulators establish standards and best practices, conduct peer review and coordinate regulatory oversight through the NAIC. The organization represents the collective views of state regulators domestically and internationally, and forms the national system of state-based insurance regulation in the U.S.

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