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October 19, 2010 at 08:00 PM
Mary Jo Hudson will continue to be the chair of the management committee at the Interstate Insurance Product Regulation Commission (IIPRC).
The IIPRC runs a single office that handles filings for all jurisdictions that have agreed to participate in an interstate filing compact. The commission announced the results of its 2011 officer elections in Orlando, Fla., at the fall meeting of the National Association of Insurance Commissioners (NAIC), Kansas City, Mo.
Hudson also was IIPRC chair in 2010.
New Hampshire Insurance Commissioner Roger Sevigny was elected vice chair, and North Carolina Insurance Commissioner Wayne Goodwin was elected treasurer, officials say.
The commission also adopted standards for participating jurisdictions for individual life graded death benefits and individual life longevity benefits.
The 36 jurisdictions that participate in the compact are Alaska, Colorado, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming.
In other NAIC meeting news:
- The NAIC says 34 jurisdictions have signed a market conduct annual statement (MCAS) data terms of use agreement. The participating jurisdictions will use a new automated system to collect MCAS data and store the data at the NAIC.
