More than a year after J. Anthony Clark handed in his walking papers as Illinois’ insurance director, Gov. Rod Blagojevich has found a permanent replacement.
Blagojevich, a Democrat, named corporate lawyer Michael T. McRaith
as the new director of the Illinois Division of Insurance, which is part of the state’s Department of Financial and Professional Regulation.
McRaith has practiced commercial litigation with an emphasis on legal matters involving regulated institutions including the insurance industry, according to a statement from the governor. McRaith is a partner at the national law firm McGuireWoods and works in the commercial litigation department.
McRaith lives in Chicago and has been a lawyer for 15 years. His nomination requires approval by the Illinois Senate, also controlled by Democrats.
Topics Illinois
Was this article valuable?
Here are more articles you may enjoy.
USAA Not Done With Dividends: Florida Reforms Prompt $500M Payout
Storage Shed Caused Nashville Parking Garage Fire, Travelers Says in $10M Subro Suit
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says
D&O Market Expected to Tighten Under Pressure, Says AM Best 

