Oklahoma Insurance Commissioner John D. Doak has been named chair of the National Association of Insurance Commissioners’ (NAIC) Antifraud (D) Task Force. He also was named to the International Insurance Relations (G) Committee, Executive (EX) Committee and Property and Casualty Insurance (C) Committee.
Doak will serve as chair of the NAIC Midwest Zone in 2018. The zone groups are part of the NAIC executive committee. They help carry out the authority and responsibilities of the NAIC’s goals. The Midwest Zone represents 13 states.
Doak has also been named the NAIC’s representative to the Organisation for Economic Co-operation and Development (OECD). Doak will attend meetings with international insurance regulators to discuss emerging insurance issues around the world.
The NAIC is the U.S. standard-setting and regulatory support organization created and governed by insurance regulators from all 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review and coordinate regulatory oversight.
Source: Oklahoma Insurance Department
Topics Oklahoma
Was this article valuable?
Here are more articles you may enjoy.
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K
Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 

