Florida Insurance Commissioner Kevin McCarty has been elected president of the National Association of Insurance Commissioners (NAIC). McCarty has steadily moved up through the leadership ranks at NAIC, and in 2010 he and his office received the 2010 Esprit de Corps Award for outstanding service to the NAIC.
McCarty began his career in public service in 1988 and became Florida's first appointed insurance commissioner in January 2003. As commissioner, he is responsible for Florida's insurance market, including oversight of company solvency, policy forms and rates, market investigations and new insurance business. He earned a bachelor's degree in political science and a Juris Doctorate from the University of Florida.
Also elected to NAIC leadership posts were Louisiana Insurance Commissioner James J. Donelon, president-elect; North Dakota Insurance Commissioner Adam Hamm, vice president; Montana Commissioner of Securities and Insurance Monica J. Lindeen, secretary-treasurer.
Donelon was appointed Louisiana's insurance commissioner in February 2006 and has been elected three times to the position. A retired State Judge Advocate for the Louisiana Army National Guard, Donelon's career at the department of insurance includes serving as chief deputy commissioner and executive counsel. He is a graduate of the University of New Orleans and Loyola School of Law.
Hamm was appointed North Dakota's insurance commissioner in October 2007 and was elected to a four-year term in November 2008. He currently serves as chair of the NAIC life insurance and annuities committee and chair of the audit committee. Prior to becoming commissioner, he served as a prosecutor for the Cass County State's Attorney's office. Hamm is a graduate of Sam Houston State University and received his Juris Doctorate degree with distinction from the University of North Dakota School of Law.
Lindeen was elected commissioner of securities and insurance, Montana state auditor in November 2008. She is vice chair of the NAIC health insurance and managed care committee, chair of the NAIC designation program advisory board, a member of the NAIC executive committee and audit committee, and serves on a number of task forces related to implementing health insurance reform. Lindeen served in the Montana House of Representatives from 1999-2006. She earned a bachelor's degree in English/History from Montana State University, Billings.
The officers will assume their duties on Jan. 1, 2012.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
