Texas Gov. Rick Perry announced he will reappoint Jose Montemayor to a new two-year term as the state’s Commissioner of Insurance. Montemayor has served as commissioner since 1999, overseeing the Texas Department of Insurance (TDI), which regulates the insurance industry and provides information and assistance to insurance consumers in Texas.
“Commissioner Montemayor has taken strong steps to ensure that adequate insurance coverage is available and affordable in our state,” Perry said. “My office will continue to work closely with the commissioner and legislators to restore fairness to the marketplace, provide greater incentives for competition and lower rates for Texas consumers.”
The governor has said he plans to declare homeowners insurance and medical malpractice reform emergency issues during the 78th Texas Legislature convenes Jan. 14.
Montemayor, whose term was to expire Feb. 1, is a certified public accountant who joined TDI in 1993 after retiring from the Air Force with the rank of major. Before becoming commissioner, Montemayor served as an associate TDI commissioner, overseeing the licensing, solvency and market conduct of more than 2,000 insurers and health maintenance organizations doing business in Texas. He is a member of the Texas Society of Certified Public Accountants and the Society of Financial Examiners.
Montemayor received a bachelor’s degree from St. Edwards University and holds master’s degrees from Webster University in St. Louis, the Air Force Institute of Technology and Southwest Texas State University. He also was a 1988 Kellogg Foundation fellow.
Montemayor’s new term, which is subject to Senate confirmation, will expire Feb. 1, 2005.
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