NAIC Announces Resignation of Michael Consedine as CEO
Thursday, March 16th, 2023 Source: National Association of Insurance CommissionersThe National Association of Insurance Commissioners (NAIC) announced today that Michael (Mike) F. Consedine is stepping down as the organization’s Chief Executive Officer, effective April 30, 2023. Consedine has served as the CEO of the NAIC since January 2017.
"On behalf of our members and the NAIC staff, we are grateful to Mike for all his good work over the past six-plus years and his commitment to the NAIC and the state-based system of insurance regulation," said NAIC President and Missouri Department of Commerce and Insurance Director Chlora Lindley-Myers. "We are proud of his many accomplishments, including providing stability and leadership during the pandemic; spearheading efforts to help us develop our State Ahead and State Connected strategic plans; and his unwavering commitment and support of our state-based system in the challenging international area. We wish him the best in his future endeavors."
The NAIC is expecting to appoint an Acting CEO during its Spring National Meeting, which begins next week in Louisville, Kentucky.
National Association of Insurance Commissioners
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is 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 reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.
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