West Virginia's Jane Cline tabbed to head NAIC

The National Association of Insurance Commissioners named its 2010 leaders today, with Jane Cline, West Virginia's insurance commissioner, assuming the presidency.
DEC 08, 2009
The National Association of Insurance Commissioners named its 2010 leaders today, with Jane Cline, West Virginia's insurance commissioner, assuming the presidency. She replaces Roger Sevigny, New Hampshire's commissioner and the group's 2009 president. The NAIC also selected Susan Voss, Iowa's commissioner, as president-elect. She will replace Ms. Cline in 2011. Ms. Voss served as vice president in 2009. Kevin McCarty, insurance commissioner in Florida, will take over as vice president of the group in 2010. He has just wrapped up his term as secretary and treasurer of the NAIC for 2009. Finally, Kim Holland, insurance commissioner of Oklahoma, will serve as the secretary and treasurer for the NAIC next year.

Latest News

Large RIAs name ChatGPT, Copilot and Claude in job posts far more than advisor AI tools
Large RIAs name ChatGPT, Copilot and Claude in job posts far more than advisor AI tools

When the largest RIAs recruit for AI, they name Copilot, ChatGPT and Claude in job posts far more often than advisor-specific fintechs, Caddi data shows

Mariner’s Hugo AI uncovered $22B in client assets, says Marty Bicknell
Mariner’s Hugo AI uncovered $22B in client assets, says Marty Bicknell

Bicknell said that Mariner's Humanity Labs partnership is key to growing his mega-RIA from 70,000 to 500,000 households by 2028

SEC finalizes $1B small-entity threshold for RIAs
SEC finalizes $1B small-entity threshold for RIAs

Final rule moves roughly two-thirds of SEC-registered RIAs under the Regulatory Flexibility Act’s small-business lens, up from about 3%

Clients sue Arkadios Wealth, allege firm sat on advisor’s red flags
Clients sue Arkadios Wealth, allege firm sat on advisor’s red flags

The firm's own reports showed the problem. The complaint says it did nothing.

Lawsuit accuses Blue Owl of inflating assets in $4.3B merger
Lawsuit accuses Blue Owl of inflating assets in $4.3B merger

The complaint points to interest rate risk and AI disruption the BDC allegedly ignored.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor