NAIC President To Head P-C Trade Group

Jim Poolman, the North Dakota insurance commissioner, is now vice president of the NAIC. Poolman says that, if he is elected NAIC president, he will continue to aggressively pursue the NAIC’s agenda both in Congress and with state legislators.

The NAIC will continue to work on initiatives such as a regulatory road map and efforts to complete a market conduct model, Poolman says.

Poolman says he does not think Csiszar’s move to PCI will hurt the cause of state regulation in Congress. The PCI is an active supporter of state regulation, Poolman notes.

The NAIC will select a new president next week, and the group will select a new vice president and a new secretary-treasurer next month, during the NAIC’s fall meeting in Anchorage, Alaska, according to Cathy Weatherford, the NAIC’s executive vice president. Commissioners feel it it is important to get a new leader in place quickly, Weatherford says.

There is a general belief among NAIC members that “the NAIC is bigger than one person and that it is a strong organization that possesses unity and continuity of leadership,” Weatherford says.