The New Mexico Public Regulation Commission has appointed a new interim insurance superintendent, and the deputy superintendent has resigned.
The PRC announced the appointmnt of Craig Dunbar’s. The 59-year-old Dunbar will replace Deputy Insurance Superintendent Thomas Rushton, who had been serving as interim superintendent before submitting his resignation last week.
PRC spokesman Gerald Garner says Rushton’s resignation will be effective June 15. Rushton’s resignation letter did not say why he was leaving.
Earlier this month, Morris Chavez announced he was resigning as state insurance superintendent over backlash that stemmed from a contentious health insurance rate case. The search for a permanent replacement has yet to begin.
Dunbar has 35 years experience in the title insurance industry and served as Commissioner David King’s executive assistant.
Was this article valuable?
Here are more articles you may enjoy.
Update: NAIC Says Data Taken in Hack Has Been Published Online 
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
