NAIC Elects New VP, Secretary-Treasurer

Members of the National Association of Insurance Commissioners (NAIC) held a special interim election during a conference call. Louisiana Insurance Commissioner James Donelon was elected NAIC VP and Illinois Insurance Director Michael McRaith was elected NAIC secretary-treasurer.

Donelon and McRaith join NAIC President Susan Voss and NAIC President-Elect Kevin McCarty, who were elected in October. The newly elected officers will assume their duties on Jan. 1, 2011.

James Donelon was appointed Louisiana Insurance Commissioner in February 2006, and has been twice re-elected. A retired state judge advocate for the Louisiana Army National Guard, Donelon’s career at the Department of Insurance includes serving as chief deputy commissioner and executive counsel.

Michael McRaith worked for 15 years in private practice as an attorney in Chicago prior to his appointment as Illinois insurance director, most recently as a partner with an international law firm where he represented national and regional financial institutions. He serves as president of the Board of Directors for the Illinois Comprehensive Health Insurance Plan (a high-risk health insurance pool), and serves on the Board of Directors for the AIDS Foundation of Chicago and the American Foundation for Suicide Prevention, Chicago Chapter.