Missouri Gov. Eric Greitens has picked Chlora Lindley-Myers to be the Show Me State’s next head of insurance regulation.
Lindley-Myers is now the acting director of the state’s Department of Insurance, Financial Professional Registration. She is waiting for the state Senate to confirm her nomination.
Lindley-Myers has been the deputy commissioner at the Tennessee Department of Commerce.
Lindley-Myers has a bachelor’s degree from Mount Holyoke College and a law degree from the University of Connecticut.
She worked at the life insurance unit at Hartford, Connecticut-based Aetna Inc. She later worked as chief compliance officer at the Kentucky Department of Insurance, and as a property-casualty regulator at the Missouri department.
The National Association of Insurance Commissioners gave Lindley-Myers an outstanding service award in 2015. The insurance regulator group said she had helped oversee the shift toward principles-based reserving, or use of statistical forecasting methods, rather than pre-set formulas, to decide what reserves an insurer needs to back its policies.
She has also worked at the NAIC on issues such as the effects of contagious disease pandemics on the insurance industry, limited benefit medical plans, life insurance illustration requirements, unclaimed life insurance benefits, and insurance company receivership and insolvency.
Lindley-Myers is on track to succeed John Huff, the immediate past president of the NAIC. Huff stepped down from the Missouri insurance department director post in February.
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