Idaho Insurance Regulator Jumps to Industry

July 15, 2011

One of Idaho’s top insurance industry regulators is jumping to private industry, where he’ll be the top lobbyist for Regence BlueShield of Idaho.

The deputy director of the Idaho Department of Insurance, Shad Priest, joins the big insurer Aug. 15 as director of legislative and regulatory affairs.

Priest has been with the Department of Insurance for 15 years and will be replacing Tim Olson, Regence’s current lobbyist.

Unlike some other states, Idaho doesn’t have so-called “revolving-door laws” that in some instances require public officials to take a breather before accepting jobs in industries that they or their agencies were previously responsible for regulating.

Regence BlueShield president Scott Kreiling said Priest’s experience working with legislators, industry and the public on insurance matters makes him a valuable team member.

Regence has 170,000 members.

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