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NAIC Chief Vaughan to Step Down Next Year to Revise Textbook

Aug. 13 (Bloomberg) -- Therese Vaughan, the chief executive officer of the National Association of Insurance Commissioners, will step down in the first quarter of next year to revise a textbook, the industry association wrote in an e-mailed statement.

NAIC will conduct a national search beginning later this year for a new CEO, the organization said in the statement.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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