Members of the National Association of Insurance Commissioners (NAIC) have elected its officers for 2014.
North Dakota insurance commissioner Adam Hamm was elected president. Hamm was appointed commissioner in October 2007, elected to a four-year term in 2008 and re-elected in November 2012. Prior to becoming commissioner, he served as a prosecutor for the Cass County State Attorney's office.
Montana state auditor and commissioner of securities and insurance, Monica Lindeen, was made president-elect. Lindeen gained her position in Montana in 2008 and was re-elected in November 2012. She is chair of the NAIC exchanges subgroup and serves on a number of health insurance reform task forces.
Pennsylvania insurance commissioner Michael Consedine was elected vice president. Consedine was appointed Pennsylvania insurance commissioner in April 2011. From 1995-1999, he served as department counsel for the Pennsylvania Insurance Department, where he represented the department in litigation proceedings and on transactional filings.
Kentucky insurance commissioner, Sharon Clark, was elected secretary-treasurer. Clark was appointed commissioner in July 2008 and was reappointed to the post in July 2012.
Clark was the first director of the department's consumer protection and education division, a position she held for five years. She currently serves as a member of the NAIC’s executive committee, internal administration sub-committee, and chair of the NAIC’s market regulation and consumer affairs committee.
The newly elected officers will assume their duties on 1 January.
