MIREL STEPPING DOWN AS REGULATOR:

September 5, 2005

Lawrence H. Mirel, insurance commissioner for the District of Columbia, is stepping down from the post he has held for the past six years, the office of D.C. Mayor Anthony Williams has confirmed.

Vincent Morris, a spokesman for the mayor, said no successor has yet been named. Mirel is leaving Sept. 30.

Mayor Williams appointed Mirel as Commissioner of Insurance and Securities Regulation in July of 1999. In March of 2004, banking regulation was added to his responsibilities. DISB has a budget of more than $11 million a year and a staff of approximately 125.

During his tenure, Mirel has been instrumental in establishing D.C. as a center for captive insurers.

Before becoming commissioner, Mirel was a lawyer in private practice and was the founder and executive director of the District of Columbia Insurance Federation (DCIF), a state insurance trade association.

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