(BISMARCK, ND) – North Dakota Insurance Commissioner Jon Godfread has taken over as president of a national association.
Godfread, on Jan. 1, assumed presidency for the National Association of Insurance Commissioners, after serving previously as president-elect. As president, Godfread will lead the chief insurance regulators in all 50 states, the District of Columbia, and five U.S. territories in enhancing regulatory collaboration and promoting insurance competitiveness and accessibility.
“I am humbled by the trust my colleagues have placed in me to lead the NAIC, which has a rich history of promoting consumer protection, strong insurance markets and keeping insurance regulation at the state level,” said Godfread. “The insurance industry is undergoing a significant transformation, with new technology, climate risks, and economic shifts. This transformation presents new challenges for us to tackle to ensure the insurance products consumers purchase are affordable and available for when they need it.”
