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Hamm appointed to America’s Financial Stability Oversight Council

BISMARCK, N.D.—The National Association of Insurance Commissioners (NAIC) has appointed North Dakota Insurance Commissioner Adam Hamm to a two-year term as the state insurance commissioner representative on the Financial Stability Oversight Council (FSOC). In this role, Hamm will represent the interests of all the nation’s state insurance regulators on the council. Hamm is the current President of the NAIC.

FSOC is a fifteen member body comprised of the nation’s chief financial regulators, including U.S. Treasury Secretary Jack Lew who chairs the council and Federal Reserve Board Chair Janet Yellen. The council was created by the Dodd-Frank Wall Street Protection and Consumer Protection Act in 2010 to monitor the safety and stability of the nation’s financial system, identify risks to the system, and coordinate a response to any threats.

"I am honored to have been selected by my fellow regulators to represent our system of insurance regulation," said Hamm. "I look forward to working with the nation's chief financial regulators as we take the next steps to promote a stable insurance marketplace and protect the broader financial sector."


North Dakota Insurance Department
600 E. Boulevard Ave.
Bismarck, ND 58505-0320
Phone 701.328.2440
Toll free 800.247.0560
Fax 701.328.4880

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