The NAIC has appointed Peter L. Hartt, Director of New Jersey's Insurance Division, to a two-year term as the state insurance commissioner representative on FSOC. In this role, Hartt will represent the interests of the nation's state insurance regulators on the council.
"The NAIC and state insurance regulators will be well-served through the selection of Peter," said John M. Huff, NAIC President and Missouri Insurance Director. "His sound judgment and expertise will be a valuable asset to the proceedings of FSOC as they review systemic risk in the financial sector." Huff served as the state insurance commissioner representative on FSOC for two terms.