Oklahoma Insurance Commissioner John D. Doak will serve in a new role with the National Association of Insurance Commissioners (NAIC).
In December, NAIC members elected Doak as the vice chair of the Midwest Zone. He will also represent the Midwest Zone on the Government Relations Leadership Council.
“I’m honored to take on this new position,” Doak said. “Since I was elected insurance commissioner, I’ve continued to take on a more active role with the NAIC. I’m looking forward to good things in 2017.”
The NAIC is the U.S. standard-setting and regulatory support organization created and governed by insurance regulators from all 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 regulatory oversight.
To help organize the NAIC’s efforts, the United States has been divided into four geographic zones: Northeast, Southeast, Midwest and West. Each zone has its own chair, vice chair and secretary who sit on the Executive (EX) Committee.
In addition to his role as Vice Chair of the Midwest Zone, Doak was selected to represent the Midwest Zone on the management committee of the Interstate Insurance Product Regulation Commission (IIPRC). The IIPRC aims to enhance the efficiency and effectiveness of the way insurance products are filed, reviewed and approved.
Doak is an active member of the NAIC. He currently serves as chair of the American Indian and Alaska Native Liaison Committee and vice chair of the Anti-Fraud Task Force.
He is also a member of the International Insurance Relations Committee and holds leadership positions on several Property and Casualty Insurance Committee sub-groups:
- Catastrophe Response Working Group, Chair
- Surplus Lines Task Force, Vice Chair
- Public Adjuster Working Group, Chair
- Earthquake Study Group, Member
Doak’s new role with the Midwest Zone will begin in January.