The National Association of Insurance Commissioners saysLouisiana Insurance Commissioner Jim Donelon will become theassociation's president effective Jan. 1.
|“I am pleased to have this opportunity to serve the NAIC and thecitizens of Louisiana in this capacity,” says Donelon in astatement. “Louisiana is a significant consumer of insurance in thenational, and even international, marketplace. Through thisposition, I will be able to engage in the insurance debate on aleadership level, and place Louisiana at the forefront in the studyand development of insurance regulation.”
|He has been a member of the NAIC since becoming Louisiana'sinsurance commissioner in 2006.
|For the last five years, Donelon has chaired the NAIC's SurplusLines Task Force.
|He joined the staff of the Louisiana Department of Insurance in2001 as chief deputy commissioner. He was named Louisiana'sinsurance commissioner in 2006 and was elected to serve theunexpired term later that year. He was re-elected to the positionin 2007 and 2011.
|Donelon succeeds Florida Insurance Commissioner Kevin McCarty asNAIC president.
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