New Mexico’s top insurance regulator is stepping down.
The Albuquerque Journal reported that state Superintendent John Franchini has withdrawn his application to serve a third four-year term and instead plans to retire. His term ends Dec. 31.
A nine-member state nominating committee has already begun screening applicants for the position. There are eight remaining candidates.
Franchini worked in the insurance industry for 35 years before becoming superintendent in 2010.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Topics Mexico
Was this article valuable?
Here are more articles you may enjoy.
High-Powered Dads Are Spending Less Time at Work, More on Childcare 
Maryland Announces $2.5 Billion Settlement Over Baltimore Bridge Collapse 
Hedge Funds Make Their Move as Litigation Finance Assets Slump 
US Efforts to End Iran War Stumble as Ship Seized Near UAE 
