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James J. Wrynn    Superintendent of Insurance    25 Beaver Street  New York, N.Y. 10004

ISSUED 11/30/2010 FOR IMMEDIATE RELEASE

STATE INSURANCE REGULATOR WINS NATIONAL RECOGNITION

Health Bureau Chief Recipient of 2010 NAIC Award

Louis S. Felice, Assistant Deputy Superintendent of the New York State Insurance Department and Chief of the Department’s Health Bureau, has been named a 2010 recipient of the Robert Dineen Award, the highest individual honor given by the National Association of Insurance Commissioners (NAIC).

Felice was recognized for his work on developing minimum loss (MLR) requirements which will be used in connection with the implantation of national health care reform. Steve Ostlund of the Alabama Insurance Department was also recognized as a recipient of the award with Felice.

“This award is a great tribute to Lou Felice for his dedication and outstanding contributions to the field of insurance regulation. This is the third time in a decade that a New York regulator has won the Dineen Award, so it’s a great demonstration of this Department’s national leadership,” Insurance Superintendent James Wrynn said.

“I am honored to have received this award because it is a reflection of the excellent work that the staff in the Health Bureau and the Insurance Department overall does every day to protect New York's policyholders,” Felice said.

Individuals selected to receive the award are selected from among thousands of state insurance regulators across the country. The award is named after Robert E. Dineen, New York’s Superintendent from 1943-50.

A member of the Department since 1978, Felice represents New York on several NAIC task forces and working groups. He has served as Health Bureau Chief since April and was earlier involved in such Bureau efforts as coordinating actuarial functions and enforcement actions between the New York and Albany offices. He has participated in developing legislative proposals, including prior approval, and helped promote the licensing of Freelancers, the innovative health care pilot project in New York.

Felice is a member of the Society of Financial Examiners, holding a Certified Financial Examiner designation. He earned a BA in accounting from Queens College of the City University of New York.

He lives in Orange County with his wife, Sherry, and their three sons.

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