Billy most recently hosted the Miss USA competition in Las Vegas in April, where 22-year-old Kristen Dalton from North Carolina won the title, beating out competition from runner-up, then-Miss California, Carrie Prejean.
Billy previously hosted Miss USA and Miss Universe competitions in 2003, 2004 and 2005.
Claudia is a previous Miss Rhode Island USA titleholder and served as a judge at the 2009 Miss USA competition.
Miss Universe 2008 Dayana Mendoza from Venezuela will pass the torch and crown to her successor in the summer telecast on NBC.
During her reign, Dayana has concentrated on spreading global awareness of HIV and AIDS education, research and legislation.
Broadcasted in over 180 countries, the Miss Universe Pageant has become a global phenomenon with contestants from more than 80 countries fighting for the title.
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