North Dakota Insurance Commissioner Jim Poolman said he will resign Sept. 1 to begin an insurance consulting business.
“After much thought, I have decided the timing is right for me personally, and especially for my family,” the Republican insurance regulator said Tuesday.
Poolman, 37, was elected insurance commissioner in 2000. He is a former Grand Forks state representative and bank trust officer. His position is up for re-election in 2008.
Poolman has been approached to run for other offices, including the U.S. House last year. He has been mentioned as a potential candidate for governor should the incumbent, GOP Gov. John Hoeven, decline to see re-election next year.
Hoeven has the option of appointing Poolman’s successor. A spokesman for the governor couldn’t be reached immediately for comment.
Was this article valuable?
Here are more articles you may enjoy.
Worsening Weather Igniting $25 Billion Weather Derivatives Market 
Everton FC Buyer Accused of Fraud, Double-Pledging Assets in Lawsuit 
Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance 
Michigan Supreme Court Rules Against Couple in Drone Surveillance Case 
