Last month the members of the National Association of Insurance Commissioners (“NAIC”) elected new leadership from amongst their membership for 2023. Missouri Director Chlora Lindley-Meyers is the new President and the first woman of color elected to that position. Connecticut Commissioner Andrew N. Mais is the new President-Elect, which means that he will fill in as President whenever, due to exigent circumstances, Director Lindley-Meyers is unable. As President-Elect, Commissioner Mais will be the presumptive NAIC President in 2024. North Dakota Commissioner Jon Godfread was elected Vice-President while Virginia Commissioner Scott A. White was elected Secretary-Treasurer.
Earlier this month, the NAIC named its committee chairs and vice chairs. The officers and the most recent past president all serve on the Executive Committee while Director Lindley-Myers will chair the Executive Committee as NAIC President. While the Executive Committee handles administration of the NAIC, the letter committees are where the bulk of the substantive law-making work of the NAIC occurs. As a result, the chairs and vice-chairs of these committees wield substantial influence.Read More