NU Online News Service, Sept. 1, 10:04 a.m.EDT
|The National Association of Professional Surplus Lines Officeshas hired a former executive with the National Association ofInsurance Commissioners as its new executive director.
|Brady R. Kelley, most recently the chief financial and businessstrategy officer for NAIC, will join NAPSLO on Sept. 12, accordingto a statement.
|Kelley replaces Richard M. Bouhan, who is retiring after 30years with the organization. He started as legislative director in1981 and became executive director in 1988.
|NAPSLO says Bouhan will stay with the trade association for thesurplus lines insurance industry through June 2012 in order to workon the transition and legislative and legal issues for NAPSLO.
|Kelly joined the NAIC in 1998 and also held the positions ofchief financial officer, director of financial services andfinancial services manager.
|Therese M. Vaughn, chief executive of NAIC, says the associationis sad to see Kelley go, but “we applaud the wisdom of NAPSLO'schoice and wish Brady the very best of luck.”
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