FOR IMMEDIATE RELEASE
NAIC ELECTS 2014 OFFICERS
WASHINGTON, D.C. (Dec. 18, 2013) —Members of the National Association of
Insurance Commissioners (NAIC) today elected its 2014 officers:
President: North Dakota Insurance Commissioner Adam Hamm
President-Elect: Montana State Auditor and Commissioner of
Securities and Insurance Monica J. Lindeen
Vice President: Pennsylvania Insurance Commissioner
Michael F. Consedine
Secretary-Treasurer: Kentucky Insurance Commissioner
Sharon P. Clark
The newly elected officers will assume their duties on Jan. 1, 2014.
Adam Hamm was appointed North Dakota Insurance
Commissioner in October 2007, elected to a four-year term in 2008 and
re-elected in November 2012. Prior to becoming commissioner, he served as a
prosecutor for the Cass County State Attorney's office. Hamm also worked as
an attorney in private practice specializing in commercial litigation,
administrative agency law and transportation law. Hamm is a graduate of Sam
Houston State University and received his Juris Doctorate degree with
distinction from the University of North Dakota School of Law.
Monica J. Lindeen was elected Montana State Auditor and
Commissioner of Securities and Insurance in 2008 and re-elected in November
2012. Lindeen is Chair of the NAIC Exchanges Subgroup and serves on a
number of task forces related to implementing health insurance reform.
Lindeen served in the Montana House of Representatives from 1999-2006. From
1994-1996, she was a part-time faculty member in the Montana State
University (MSU) Billings English Department and taught simultaneously as a
graduate assistant in the Department of Educational Foundations. Lindeen
earned a bachelor's degree in English/History from MSU Billings.
Michael F. Consedine was appointed Pennsylvania Insurance
Commissioner in April 2011. From 1995-1999, he served as department counsel
for the Pennsylvania Insurance Department, where he represented the
department in litigation proceedings and on transactional filings.
Consedine is Chair of the NAIC Reinsurance Task Force, Vice Chair of the
Health Care Reform Regulatory Alternatives Working Group, and Vice Chair of
the Interstate Insurance Product Regulation Commission (IIPRC). He serves
on the Federal Advisory Committee on Insurance which advises the Federal Insurance
Office on national and international insurance matters. A graduate of James
Madison University, Consedine earned his bachelor's degree in political
science and journalism, and is an honors graduate of Widener University
School of Law.
Sharon P. Clark was appointed Commissioner of the
Kentucky Department of Insurance in July 2008 and was reappointed to the
post in July 2012. Clark was the first director of the department's
Consumer Protection and Education division, a position she held for five
years. She currently serves as a member of the NAIC’s Executive Committee,
Internal Administration Subcommittee, and Chair of the NAIC’s Market
Regulation and Consumer Affairs Committee. Clark earned bachelor’s and
master’s degrees from the University of Kentucky.
About the NAIC
The National Association of Insurance Commissioners (NAIC) is the U.S.
standard-setting and regulatory support organization created and governed
by the chief insurance regulators from the 50 states, the District of
Columbia and five U.S. territories. Through the NAIC, state insurance
regulators establish standards and best practices, conduct peer review, and
coordinate their regulatory oversight. NAIC staff supports these efforts
and represents the collective views of state regulators domestically and
internationally. NAIC members, together with the central resources of the
NAIC, form the national system of state-based insurance regulation in the
U.S. For more information, visit www.naic.org.