The Interstate Insurance Product Regulation Commission (IIPRC) has elected a new slate of officers during its annual meeting in Washington DC.
The commission elected Massachusetts insurance commissioner Joseph Murphy as chair; New Jersey commissioner of banking and insurance Kennet Kobylowski as vice chair; and Virginia insurance commissioner Jacqueline Cunningham as treasurer.
The management committee for the coming year also includes Illinois, Michigan, Minnesota, Missouri, Nebraska, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico and Texas.
Kobylowski commented: “I am a strong believer in the mission of the IIPRC as a state-based solution for uniformity and speed-to-market approval of products by leveraging our shared expertise and mutual goal of protecting consumers.”
“We continue to build out standards for the remaining product types and reach out to companies on the benefits of using the IIPRC filing process and improving the filing process.”