In a special election, the National Association of Insurance Commissioners has chosen a “leader with broad experience” to head the organization as its president-elect.
John Huff, director of the Missouri Department of Insurance, Financial Institution and Professional Registration, was elected Sunday to fill the spot vacated Jan. 20 by now former Pennsylvania Insurance Commissioner Michael F. Consedine, who left his role in Pennsylvania with the start of a new governor.
In electing Huff, the NAIC has “chosen a leader with broad experience in the private and public sectors, as well as the Financial Stability Oversight Council and on the international level,” says Joel Wood, senior vice president of government affairs at the Council of Insurance Agents and Brokers. “This is an important time for the NAIC and the industry with the creation of NARAB, among many other issues. Huff’s election is a good sign that NAIC will continue to have able leadership to face these tasks.”
The election by his peers of Huff is “not surprising,” as he is one of the longest tenured insurance regulators in the country, says Wes Bissett, senior counsel, government affairs, at the Independent Insurance Agents & Brokers of America.
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