Former U.S. Senator Ben Nelson announced Thursday that he willnot renew his contract as CEO of the National Association ofInsurance Commissioners (NAIC). Nelson, who representedNebraska as a democrat from 2001 to 2013, joined NAIC as CEO inJanuary of 2013. His term will end Jan. 31, 2016.
Nelson says that he will return to his private law practice inNebraska and Washington, D.C., and spend more time with hisfamily.
"I have truly appreciated the opportunity to return to the NAICfollowing my retirement from the U.S. Senate," Nelson said in astatement. "Oct. 1, 2015, marks 50 years since I commenced my worksupporting state insurance regulation."
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