Colo. Insurance Commissioner Resigns

Colorado Insurance Commissioner William Kirven III announced his resignation from the Division of Insurance effective August 9.

“The governor asked for his resignation, and he will pursue other career options,” spokesperson and Public Affairs director Deborah Collette told Insurance Journal.

The Denver Post cited Kirven’s resignation as due his “inability to work with his supervisor,” executive director of the Colorado Department of Regulatory Agencies Michael Cook. Collette offered no comment, saying “That is an internal issue.”

Colorado Governor Bill Owens, who appointed Kirven in March of 1999, requested Kirven’s resignation July 2. According to the Post, state Democrats said Owens was attempting to distance himself from Kirven’s reputation as a weak consumer advocate who supported the insurance industry.

Ironically, Kirven was well-known for his creation of a consumer insurance council, comprised of 15 volunteer representatives around the state. The group shared feedback from a consumer’s point-of-view in light of insurance industry events and issues in Colorado.

Kirven is also very active in the National Association of Insurance Commissioners (NAIC).

“He’s very well liked by staff here, and will be missed,” Collette said.

Maryellen Waggoner, deputy commissioner, also recently announced her resignation. A 30-year veteran of the Division of Insurance, Waggoner “will be going to work for a non-profit affiliate of NAIC in Kansas City,” Collette said.

So far no replacements have been appointed for either position. Cook will be available for any concerns the Division may have until replacements are made.

Topics Colorado