Florida Insurance Commissioner Kevin McCarty was recognized with a lifetime achievement award for his 27 years of public service by FAIR, the Florida Association for Insurance Reform on Sept. 17.
McCarty was the first non-elected insurance commissioner for the state of Florida and was recognized by FAIR as a champion for consumers as a stabilizing force in the property insurance market, balancing consumer protections with the need to return Citizens policyholders to the private market and reduce the risk of additional assessments for all Floridians, according to a statement by FAIR.
“Florida has seen worker’s compensations rates drop more than 50 percent, overcome the unprecedented 2004-05 storm seasons which saw eight storms make landfall in Florida, and navigated the changing regulatory environment resulting from the Affordable Care Act under McCarty’s leadership,” FAIR said.
In addition to his role as the Florida Commissioner, McCarty is a past president of the National Association of Insurance Commissioners (NAIC). He is recognized as a national and international leader on insurance regulatory issues and currently serves as the NAIC representative to the International Association of Insurance Supervisors Executive and Technical Committees and is co vice-chair of the Executive Committee.
FAIR is a non-partisan, non-profit educational organization that works to educate Florida consumers and insurance industry stakeholders about the effects of insurance public policy.
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