National Association of Insurance Commissioners elects 2014 officers

The National Association of Insurance Commissioners has elected its 2014 officers during its meeting in Washington, the NAIC announced Wednesday.

North Dakota Insurance Commissioner Adam Hamm was elected president of the group, succeeding Louisiana Insurance Commissioner James J. Donelon.

Montana State Auditor and Commissioner of Securities and Insurance Monica J. Lindeen was elected president-elect, succeeding Mr. Hamm.

Michael F. Consedine, NAIC secretary-treasurer and Pennsylvania’s insurance commissioner, was elected to succeed Ms. Lindeen as vice president, and Kentucky Insurance Commissioner Sharon P. Clark was elected secretary-treasurer.

The newly elected officers will assume their duties on Jan. 1.