Commissioner Ted Nickel Elected to NAIC Leadership
Madison, WI—Wisconsin Insurance Commissioner Ted Nickel was elected to the post of Secretary-Treasurer on November 19, 2014, to the National Association of Insurance Commissioners (NAIC). The annual elections comprise the votes of all commissioners.
"I really appreciate the support of my fellow commissioners, and I am humbled by the tasks ahead," stated Insurance Commissioner Ted Nickel. "Wisconsin was one of the founding members of the NAIC, and our first insurance commissioner served as the organization's first president. As a result, Wisconsin has long appreciated the work the NAIC does to protect consumers and assist states with regulating their domestic insurance industry."
The National Association of Insurance Commissioners is an organization created in 1871 and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state regulators take a number of actions including establishing standards and best practices, coordinating regulatory oversight, and conducting peer review of member regulators. The NAIC staff provides support for these efforts as well as representing the views of state regulators both domestically and internationally.
The following officers were elected by NAIC membership:
President: Monica J. Lindeen, Montana State Auditor and Commissioner of Securities and Insurance
President-Elect: Michael F. Consedine, Pennsylvania Insurance Commissioner
Vice President: Sharon P. Clark, Kentucky Insurance Commissioner
Secretary-Treasurer: Ted Nickel, Wisconsin Insurance Commissioner
Newly elected officers will assume their duties on January 1, 2015.
For more information on the National Association of Insurance Commissioners, visit
Created by the Legislature in 1871, Wisconsin's Office of the Commissioner of Insurance (OCI) was vested with broad powers to ensure that the insurance industry responsibly and adequately met the insurance needs of Wisconsin citizens. Today, OCI's mission is to lead the way in informing and protecting the public and responding to its insurance needs.