Commissioner Murphy voted Chair of NAIC’s Northeast Zone and takes seat on Government Relations Leadership Council
The National Association of Insurance Commissioners has elected Commissioner Murphy to the organization’s Executive Committee and as its Chair of the Association’s Northeast Zone. In addition, Murphy also was elected as a member of the Government Relations Leadership Council for 2012. Murphy, 37, was named Commissioner of Insurance by Governor Deval Patrick in February 2010.
I am humbled by the confidence that my fellow commissioners have put in me,” Murphy said. “As Massachusetts continues to lead the nation in building an insurance marketplace that benefits consumers and fosters industry innovation, I look forward to sharing the good work of the Patrick-Murray Administration with my colleagues from around the country.”
In these new roles, Commissioner Murphy will be expanding his leadership over national insurance issues, particularly in association with the Government Relations Leadership Council. Council members are responsible for developing, coordinating and implementing the NAIC’s legislative, regulatory and grassroots initiatives as well as communicating the organization’s policy views to government officials both at the state and federal level.
“Joe is an enormously talented individual who is able to balance the needs of consumers and the marketplace with aplomb,” said Barbara Anthony, the Undersecretary of Consumer Affairs and Business Regulation and which oversees the Division of Insurance. “NAIC will be well served by Joe as the organization moves forward with its important work.”
Formed in 1871, the NAIC is a voluntary organization of the chief insurance regulatory officials in the 50 states, the District of Columbia and five U.S. territories. It’s purpose is to serve the “…needs of consumers and the industry, with an overriding objective of supporting state insurance regulators as they protect consumers and maintain the financial stability of the insurance marketplace.”