NAIC Honors Regulators With 2017 Dineen, President's Awards - Insurance News | InsuranceNewsNet

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December 10, 2017 Newswires
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NAIC Honors Regulators With 2017 Dineen, President’s Awards

Targeted News Service (Press Releases)

HONOLULU, Hawaii, Dec. 2 -- The National Association of Insurance Commissioners issued the following news release:

The National Association of Insurance Commissioners (NAIC) recognized three state regulators who have made significant contributions to state-based insurance regulation today during the Opening Session of the NAIC's 2017 Fall National Meeting.

The NAIC presented two state department regulators with the Robert Dineen Award for Outstanding Service and Contribution to the State Regulation of Insurance. The NAIC established the Award in 1989 in honor of the founder of the NAIC's Support and Services Office.

This year's Dineen Award recipients are Charles Angell, Deputy Commissioner and Casualty Actuary of the Alabama Department of Insurance, and Paula Pallozzi, Associate Director of the Rhode Island Insurance Division.

"These two regulators exemplify the best of us and the collective work we do to enhance state-based regulation," said Ted Nickel, NAIC President and Wisconsin Insurance Commissioner. "Angell and Pallozi have taken leadership roles in our work in big data and data collection -- work that ultimately protects consumers."

Charles Angell joined the Alabama Department of Insurance in 2008 as a casualty actuary and he was named deputy commissioner in September 2009. Since then, he has made significant contributions to state insurance regulation, participating in 19 committees, task forces and working groups. Most notably Angell has served in an actuarial advisory role with the NAIC's Property & Casualty Actuarial Credential/Qualification Study, an ad hoc group of the Executive (EX) Committee. Angell has also been an instrumental member of the NAIC's Big Data (EX) Working Group.

Paula Pallozzi joined the Rhode Island Insurance Division 35 years ago -- serving as the Chief Property & Casualty Rate Analyst from 1997 to 2013. She was promoted to Associate Director of the Insurance Division in 2014. Pallozzi is an active member of the NAIC's Property & Casualty (C) Committee and has served as chair, vice chair or co-chair of working groups devoted to data collection and other catastrophe-related issues.

President's Award

New Hampshire Insurance Commissioner Roger A. Sevigny was presented with the President's Award for Distinguished NAIC Leadership. This award is given at the discretion of the NAIC President to honor an NAIC member who has shown exemplary leadership, a sustained length of service and contributed to advancing the NAIC's mission.

"For 15 years, Commissioner Sevigny has provided dedicated service and leadership in advancing the mission of the NAIC," Nickel said. "His hard work and contributions to state-based regulations are immeasurable, which is why he is most deserving of the President's Award."

Sevigny served as NAIC President in 2009.

About the NAIC

The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S. For more information, visit www.naic.org.

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