Massachusetts’ Commonwealth Automobile Reinsurers (CAR), the state’s industry-operated residual market and statistical agent for auto insurance, announced that Insurance Commissioner Daniel Judson has approved the CAR Governing Committee’s appointment of Natalie Hubley as the organization’s new president.
Hubley has been serving as CAR’s acting president since this past April when then-President Judson was appointed by Massachusetts Gov. Charlie Baker as the state’s new insurance commissioner.
CAR said Hubley brings a wealth of knowledge and a wide range of experience to the position of president. She has been with CAR for 29 years and previously served as the organization’s vice president of business operations, treasurer and secretary. She also managed various departments at CAR, including financial, statistical, actuarial, human resources, and administrative departments. She has been a member of CAR’s senior management team since 2007.
Massachusetts Insurance Federation, an insurance company trade association, welcomed Hubley’s appointment. “Natalie Hubley’s appointment as the new president of Commonwealth Automobile Reinsurers is an outstanding selection by the Governing Committee. Ms. Hubley is a highly qualified professional who brings a strong background and great expertise to this important position,” said John Murphy, executive director of Massachusetts Insurance Federation.
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