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John Huff is a nominee for the National Association of Registered Agents and Brokers board.
John Huff is a nominee for the National Association of Registered Agents and Brokers board.

Obama appoints Mo. Insurance director to national board

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President Barack Obama announced intention to nominate Missouri Department of Insurance Director John Huff to serve on the board of directors of the newly created National Association of Registered Agents and Brokers.

This national organization will create a one-stop licensing process for insurance agents and brokers who seek to do business in multiple states, according to a news release.

Currently, agents and brokers who operate in more than one state must complete separate applications, pay multiple licensing fees and meet different continuing education requirements in each state where they want to do business.

“It is imperative that we leverage technology and cut burdensome red tape to reduce regulatory costs so that insurance agents and brokers can continue to effectively serve consumers,” Huff said in the release.

The appointment came with the announcement of two other board members from the president: Robert Suglia, senior vice president and general counsel at Amica Mutual Insurance Co.; and Lori Wing-Heier, director of the Division of Insurance of the Department of Commerce, Community and Economic Development for the state of Alaska.

“These fine public servants bring a depth of experience and tremendous dedication to their important roles. I look forward to working with them,” Obama said in a separate news release.

NARAB will oversee a standardized licensing platform to help insurance agents and brokers do business beyond their home states. While NARAB will implement national standards for nonresident licensing, agents and brokers still will be responsible for resident licensure under their home state’s insurance regulations.

Appointed by Obama with the advice and consent of the U.S. Senate, the NARAB board will comprise 13 members, including eight state insurance commissioners and five insurance industry representatives.

Huff has served as the state’s insurance director since 2009, and also is the 2016 president of the National Association of Insurance Commissioners. 

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