IRI Announces State Champion of Retirement Security

Posted on August 6, 2018

IRI Announces State Champion of Retirement Security

Wisconsin Commissioner of Insurance Ted Nickel Honored

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) presented its State Champion of Retirement Security Award to Wisconsin Commissioner of Insurance Ted Nickel during an August 5 ceremony held at the National Association of Insurance Commissioner’s (NAIC) Spring National Meeting in Boston.  

Nickel served as NAIC president in 2017 during which he was a forceful advocate of the organization’s retirement security initiative that launched in 2016. Under Nickel’s leadership, the initiative expanded with an aggressive education effort to encourage appropriate retirement planning by consumers and provide tools to state insurance regulators to assist retirees.

“IRI was among the first to support the NAIC retirement security effort and we are thankful to Commissioner Nickel for his tireless support to advance NAIC’s initiative,” said Cathy Weatherford, IRI president and CEO.  “Despite many important issues competing for Commissioner Nickel’s attention while he led NAIC, he devoted time and resources to furthering this important initiative to help prepare and safeguard the retirement years of tens of millions of Americans.”

NAIC held a forum last summer, “Enhancing Protections and Empowering Consumers for a Secure Retirement,” in which participants discussed consumer knowledge gaps and potential consumer risks related to retirement security. They also shared thoughts on how state regulators can better educate consumers as they manage their finances in preparation for retirement.

Additionally, under Nickel’s leadership, NAIC launched a new video public service announcement with legendary entertainer Rita Moreno to encourage consumers to get smart about their insurance needs.

Nickel was appointed by Wisconsin Governor Scott Walker in 2011 to lead the state’s Office of the Commissioner of Insurance. In addition to serving as the chief regulator of insurance, Commissioner Nickel serves as the final adjudicator of all administrative actions.

The IRI Champion of Retirement Security Award was established in 2013 to recognize public policymakers who work to enhance retirement security in the United States.

Pictured l. to r. – Barbara Brosnan, Director, Government Affairs, Thrivent; Wisconsin Commissioner of Insurance Ted Nickel and; Jason Berkowitz, IRI Vice President and Counsel, Regulator Affairs

Pictured l. to r.
– Barbara Brosnan, Director, Government Affairs, Thrivent; Wisconsin Commissioner of Insurance Ted Nickel and; Jason Berkowitz, IRI Vice President and Counsel, Regulatory Affairs



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Contact: Dan Zielinski, 202-469-3026