CHARLESTON -– Department of Revenue Secretary Rob Alsop announced Wednesday that Insurance Commissioner Jane L. Cline was elected Secretary-Treasurer of the National Association of Insurance Commissioners (NAIC) earlier this week at its winter meeting in San Antonio, Texas.
The NAIC is a voluntary organization of the chief insurance regulatory officials of the 50 states, the District of Columbia and the five U.S. territories. The NAIC's overriding objective is to assist state insurance regulators in protecting consumers and helping maintain the financial stability of the insurance industry by offering financial, actuarial, legal, computer, research, market conduct and economic expertise. It is the oldest association of state officials.
"Commissioner Cline's election to the NAIC's leadership team is an enormous accomplishment not only for her, but for the Offices of the Insurance Commissioner and ultimately West Virginia," Alsop said. "Commissioner Cline has wide-ranging experience working with governors, lawmakers, colleagues, consumer groups and the insurance industry and will represent the NAIC in an effective and professional manner."
Cline was appointed Insurance Commissioner in 2001.
"West Virginia has always had a strong NAIC presence, and I pledge to continue our best traditions of service and integrity," Cline said.
Cline will assume her duties as NAIC Secretary-Treasurer immediately.