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Nelson Sticks to NAIC Script on Preservation of State System

Ben Nelson echoed the sentiments of the National Association of Insurance Commissioners' leadership in his first public press conference as new CEO of the organization by casting the desired relationship with the federal government as one of a partnership, not one allowing incursion, pre-emption or even dual regulation.

By Elizabeth Festa | Updated on January 23, 2013

Ben Nelson echoed the sentiments of the National Association of Insurance Commissioners’ leadership in his first public press conference as new CEO of the organization by casting the desired relationship with the federal government as one of a “partnership,” not one allowing incursion, pre-emption or even dual regulation.

Nelson, flanked by NAIC president-elect Adam Hamm, commissioner of North Dakota’s insurance department; Michael Consedine commissioner of the Pennsylvania Insurance Department, and Commissioner William White of Washington, D.C., stuck to the script of state-regulatory authority and ability to keep insurers solvent and customers covered in the face of a new set of challenges from the Federal Insurance Office (FIO) and the federal government.  

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