Riesberg Named Colo. Insurance Commissioner

Colorado Gov. John Hickenlooper announced that Rep. Jim Riesberg will be the state’s new Commissioner of Insurance. He will resign his House seat on June 30 and start work on July 1.

Riesberg will replace John J. Postolowski, who was appointed as interim insurance commissioner on December 1 after the previous commissioner Marcy Morrison retired. Postolowski joined the Division of Insurance in 1998, and was eventually promoted to his current deputy position in 2004. He will return to that position once Riseberg takes the office.

Riesberg was first elected in 2004 to represent House District 50 (Greeley, Garden City and Evans) in the Colorado General Assembly. He is currently ranking member of the Health and Environment Committee and a member of the Appropriations Committee.

“This position will require striking a balance between the needs of the insurance industry with the needs of consumers, and I’m confident this can be accomplished. I look forward to working with consumers, the insurance industry, the Department of Regulatory Agencies, the Governor’s Office, and my colleagues in the legislature in this new capacity,” Riesberg said.

Riesberg is a Colorado native who has lived in Greeley for 30 years. He worked for 24 years at various insurance and human resource companies, including Allstate Insurance Co. and Hearth Company Real Estate and Insurance. He also spent 16 years in leadership roles with nonprofit organizations specializing in aging, hunger and housing issues. He also taught junior high school for five years. He holds numerous certificates and awards for courses in insurance, real estate, sales training and personal development.

“Rep. Riesberg has long distinguished himself as a fair-minded legislator with a strong knowledge of insurance issues. He is well-suited to be Colorado’s next insurance commissioner,” said Fred C. Bosse, American Insurance Association Southwest region vice president.