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FOR IMMEDIATE RELEASE NEW YORK REGULATOR EARNS NAIC'S HIGHEST INDIVIDUAL
HONOR HOUSTON (Dec. 2, 2007) — The National Association of Insurance Commissioners (NAIC) today presented Charlie Rapacciuolo, assistant deputy superintendent and bureau chief for the New York State Insurance Department, with the 2007 Robert Dineen Award. “Charlie is one of the nation’s most outstanding state insurance regulators,” said NAIC President and Alabama Insurance Commissioner Walter Bell. “He is a leader and visionary who has played a vital role in fostering positive changes with respect to compliance, uniformity and consistency in market regulation.” Rapacciuolo has played an instrumental role in the implementation of reforms at the NAIC’s Speed to Market Task Force and to the System for Electronic Rate and Form Filing (SERFF). This work has increased the scope, breadth and depth of the tools and services available to regulators and the industry in the area of rate and form filing. In addition, Rapacciuolo has served on the SERFF board of directors, as chair of the SERFF Product Steering Committee, chair of the Uniform Product Coding Matrices Subgroup and chair of the Speed to Market Self Certification Subgroup. He has also been a member of the Uniform Filing Transmittal Document Subgroup, Operational Efficiencies Working Group and State Innovations Working Group. “While I could go on with a long list of accomplishments,” Bell said, “let me just say that Charlie has displayed foresight and fortitude to achieve many great things for the NAIC and state insurance regulation, which is why he was chosen for this distinguished honor.” Established in 1989 and named in honor of the founder of the NAIC’s Support and Services Office, the Robert Dineen Award is presented to an individual in recognition of his or her outstanding achievement as a career regulator. It is the highest individual honor bestowed by the NAIC. For more information, visit www.naic.org/members_dineen.htm.
About the NAIC Headquartered in Kansas City, Missouri, the National Association of Insurance Commissioners (NAIC) is a voluntary organization of the chief insurance regulatory officials of the 50 states, the District of Columbia and five U.S. territories. The NAIC’s overriding objective is to assist state insurance regulators in protecting consumers and helping maintain the financial stability of the insurance industry by offering financial, actuarial, legal, computer, research, market conduct and economic expertise. Formed in 1871, the NAIC is the oldest association of state officials. For more than 135 years, state-based insurance supervision has served the needs of consumers, industry and the business of insurance at-large by ensuring hands-on, frontline protection for consumers, while providing insurers the uniform platforms and coordinated systems they need to compete effectively in an ever-changing marketplace. For more information, visit NAIC on the Web at www.naic.org/press_home.htm.
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©2007 National Association of Insurance Commissioners. All rights reserved. | ||
