Regulators Elect 2012 Officers; Florida’s McCarty Serves as President

The National Association of Insurance Commissioners (NAIC) has elected its 2012 officers.

Florida Insurance Commissioner Kevin M. McCarty will serve as president, and Louisiana Insurance Commissioner James J. Donelon will serve as president-elect.

Other officers include: vice president, North Dakota Insurance Commissioner Adam Hamm, and secretary-treasurer, Montana Commissioner of Securities and Insurance Monica J. Lindeen.

The newly elected officers will assume their duties on Jan. 1, 2012.

McCarty became Florida’s first appointed insurance commissioner in January 2003. He is responsible for Florida’s insurance market, including oversight of company solvency, policy forms and rates, market investigations and new insurance business. McCarty began his career in public service in 1988, becoming an expert in workers’ compensation issues with the Florida Department of Labor and Employment Security.

Donelon was appointed Louisiana 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 also a former parish council chairman and state representative where he chaired the committee on insurance.

Hamm was appointed North Dakota 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 NAIC’s audit committee. Prior to becoming commissioner, he served as a prosecutor for the Cass County state’s attorney’s office. Hamm also worked as an attorney in private practice specializing in commercial litigation, administrative agency law and transportation law.

Lindeen was elected commissioner of securities and insurance, Montana State Auditor in November 2008. Lindeen 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.

Topics Florida Louisiana Montana