Nevada Department of Business & Industry Director Dianne Cornwall announced the appointment of Brett J. Barratt as the new commissioner of the Division of Insurance. Barratt replaces Scott J. Kipper, who resigned the position in June.
Barratt, an attorney, has been serving as the acting commissioner of insurance since June. He has extensive experience in insurance regulation. Beginning in February 2005, he served as the insurance counsel/hearing officer for the Division. In October 2009, he became the chief insurance assistant for the Division. He is a member of the Nevada State Bar Association’s Insurance and Health Law Section.
“Mr. Barratt comes to us with extensive knowledge of insurance regulation as well as strong legislative expertise and legal experience,” Director Cornwall said. “He has already proven his ability to lead during a transition, and I look forward to his ongoing oversight of this dynamic agency.”
As Commissioner, Barratt will oversee the functions of the Nevada Division of Insurance. Under the auspices of the Department of Business and Industry, the Division of Insurance is charged with protecting the rights of the consumer and the public’s interest in dealings with the insurance industry. The Division regulates and licenses insurance producers, brokers and other professionals; sets ethical and financial standards for insurance companies; and reviews rates. The Division also reviews programs operated by self-insured employers for workers’ compensation, and investigates claims of insurance fraud.
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