What's Happening?
The National Association of Insurance Commissioners (NAIC) has announced that Gary Anderson, its chief executive officer, has stepped down to pursue other endeavors. Anderson's departure was effective as of October 29, 2025. In response, Jeff Johnston,
the NAIC's Chief Regulatory Affairs Officer, has been appointed as the interim CEO. Johnston brings approximately 25 years of experience with the NAIC, having rejoined the organization in 2012 as the senior director of financial regulatory affairs. Anderson, who previously served as the Massachusetts insurance commissioner, had been the NAIC's CEO since March 2024.
Why It's Important?
The leadership change at the NAIC is significant as it may influence the direction of insurance regulation in the United States. The NAIC plays a crucial role in setting standards and providing regulatory support for the insurance industry. Johnston's interim leadership could bring continuity, but stakeholders will be watching for any shifts in policy or strategic focus. The appointment of a permanent CEO will be closely monitored by industry participants, as it could impact regulatory priorities and the overall stability of the insurance market.
What's Next?
The NAIC has not yet announced plans to appoint a permanent CEO, leaving the timeline for a permanent leadership decision open. Stakeholders in the insurance industry will likely be attentive to any announcements regarding the search for a new CEO. In the interim, Johnston's leadership will be scrutinized for any changes in regulatory approaches or initiatives. The industry may also anticipate potential impacts on regulatory processes and insurance market dynamics during this transitional period.
