Contains Distinguished Function in Guiding the NAIC’s Strategic Priorities
The New Hampshire Insurance coverage Division (NHID) has been acknowledged with vital committee and process pressure assignments for the 2025 time period on the Nationwide Affiliation of Insurance coverage Commissioners (NAIC). Commissioner DJ Bettencourt has retained his management place throughout the Northeast Zone and can proceed to play a crucial function in shaping nationwide insurance coverage insurance policies and rules.
Commissioner Bettencourt’s assignments embrace membership on the influential Government (EX) Committee, a place that underscores his distinguished function in guiding the NAIC’s strategic priorities. Moreover, he has been named to the Well being Insurance coverage and Managed Care (B) Committee, Market Regulation and Shopper Affairs (D) Committee, and Worldwide Insurance coverage Relations (G) Committee, demonstrating the NHID’s breadth of experience and dedication to advancing regulatory excellence.
Notably, Commissioner Bettencourt will function Chair of the Casualty Actuarial and Statistical (C) Job Pressure, reflecting his management in addressing crucial points associated to casualty insurance coverage and actuarial requirements. Moreover, he has been appointed Vice Chair of the NAIC/Shopper Liaison Committee, reinforcing the NHID’s dedication to selling transparency and defending shopper pursuits.
As well as, Michelle Heaton, Director of Life and Well being, has been named as a member of each the Regulatory Framework (B) Job Pressure and the Senior Points (B) Job Pressure. These assignments spotlight the division’s energetic involvement in shaping insurance policies that handle evolving regulatory frameworks and the wants of senior residents within the insurance coverage market.
“These appointments replicate New Hampshire’s continued management in nationwide insurance coverage regulation,” mentioned Insurance coverage Commissioner DJ Bettencourt. “I’m honored to symbolize the Granite State in these key roles and to collaborate with my colleagues nationwide to advance insurance policies that shield customers, improve market stability, and promote innovation.”
“The NHID’s management roles throughout the NAIC replicate the division’s dedication to each shopper safety and market innovation,” mentioned Deputy Insurance coverage Commissioner Keith Nyhan. “These assignments place New Hampshire to affect crucial nationwide insurance coverage discussions and be sure that Granite Staters profit from truthful and efficient regulatory practices.”
The NHID’s energetic participation in NAIC committees and process forces ensures that New Hampshire’s pursuits are well-represented in discussions on crucial insurance coverage matters, starting from medical health insurance reform to shopper safety and worldwide regulatory collaboration.
