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KPMG/ARC Run-Off Survey reports significant contraction in the size of the UK non-life run-off market..

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A unanimous decision

Members of the National Association of Insurance Commissioners (NAIC) have unanimously elected New Hampshire Insurance Commissioner Roger Sevigny as secretary-treasurer of the association.

The election was held at NAIC's recent summer meeting in Washington. D.C.

Sevigny fills the vacancy created by the retirement of former NAIC Secretary-Treasurer Eric Serna, who was also superintendent of the New Mexico Insurance Division. Serna agreed to retire on June 14th as part of a settlement approved by the Public Regulation Commission. Serna is under investigation by the attorney general for his dealings with a bank that does business with the state insurance division

This News item appeared in issue 107 of JTW News - July - August 2006
 
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