20 January 2023Analysis

Arkansas Insurance Commissioner appointed to NAIC committees

Arkansas Insurance Commissioner Alan McClain has been appointed by the National Association of Insurance Commissioners (NAIC) to serve as the chair for the Property and Casualty Insurance Committee, commonly referred to as the “C Committee," as well as chair of the Workers' Compensation Task Force, a subgroup of the committee.

McClain has also been reappointed to serve on the Financial Standards and Accreditation (F) Committee, which reviews insurance department ability to analyse company solvency.

“It's an honour to be named chair of both the C Committee and the Worker’s Compensation Task Force. I look forward to collaborating with my co-vice chairs as well as my counterparts across the country to find innovative ways to approach some of the insurance industry’s most challenging issues,” said Commissioner McClain.  “I have confidence that working together, my fellow commissioners and I will continue to improve upon the state-based insurance regulation system, with the primary goals of protecting consumers and ensuring healthy insurance markets.”

McClain was recently reappointed by Arkansas Governor Sarah Huckabee Sanders to continue serving as Commissioner of the Arkansas Insurance Department (AID).

"I’m extremely appreciative of the Governor's confidence in me, and I'm grateful to continue to serve with my colleagues at the Arkansas Insurance Department," said Commissioner McClain.  "I'm proud to come to work each day as we serve the consumers of Arkansas together."

McClain began his career in state government in 1992 at AID. He was appointed as Arkansas’s 24th Insurance Commissioner by former Governor Asa Hutchinson in April 2020.  Prior to his appointment, McClain served for five years as Commissioner of Arkansas Rehabilitation Services, a sister agency of AID under the state Department of Commerce. He also served thirteen years with the Arkansas Workers’ Compensation Commission, where McClain spent nearly nine years as its chief executive.