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NV Insurance Commissioner Honored With Award
3/15/06, Carson City, NV – The Southern
Nevada Chapter of the National Association of Women Business
Owners (NAWBO) honored State Commissioner of Insurance Alice
A. Molasky-Arman with a “Woman of Distinction”
award at its 8 th Annual Awards ceremony held in Las Vegas,
March 11, 2006.
This year, 14 organizations were chosen to
nominate an honoree in their field who is considered to be
“the best of the best.”
The National Association of Insurance and Financial
Advisors (NAIFA) of Southern Nevada unanimously selected Molasky-Arman
as the insurance/financial services recipient of this prestigious
award. President Elect Patricia Gidday cited Molasky-Arman
for having served longer than any insurance commissioner in
Nevada and being the longest tenured female commissioner in
the country.
Gidday said, “Nevada is fortunate to
have a person who possesses such dedication to insurance regulation.
Alice is a great credit to the State and has consistently
demonstrated her wisdom and ability to shape policy that benefits
the public rather than particular interests.”
Molasky-Arman said she was humbled and honored
to be selected as one of the 14 recipients of the Women of
Distinction Award Honorees.
Molasky-Arman was appointed commissioner of
insurance on January 6, 1995. When she became commissioner
in 1995, she capped a long career, which began as an insurance
examiner in 1976. In 1988, she took a leave of absence to
pursue a law degree. After she obtained her degree from the
University of San Francisco School of Law, she returned to
the Division of Insurance, this time as insurance counsel
and hearing officer.
The Commissioner is charged with protecting
the rights of the consumer and the public's interest in dealings
with the insurance industry. She regulates and licenses insurance
agents, brokers and other professionals; sets ethical and
financial standards for insurers, and investigates claims
of insurance fraud.
The National Association of Insurance and Financial
Advisors (NAIFA) is a national nonprofit organization representing
the interests of more than 70,000 insurance and financial
advisors nationwide, through its federation of more than 900
state and local associations. Founded in 1890, NAIFA is the
nation's largest financial services membership association.
The National Association of Women Business
Owners was established in 1974 in Washington, D.C. It encompasses
80 chapters nationwide representing more than 8,000 women.
Membership is open to sole proprietors, partners and corporate
owners with day-to-day management responsibility.
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