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The Albuquerque Journal reported that state Superintendent John Franchini has withdrawn his application to serve a third four-year term and instead plans to retire.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 2025 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 This material may not be published, broadcast, rewritten or redistributed.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.
Captives to Remain Viable as Market Softens: RIMS Panel 
FEMA Chief Says Agency Will Raise State Burden for Disasters to 50% 
Former Progressive CEO Renwick, 69, Dies 
Bayer Seeks Roundup Settlement, Explores Monsanto Bankruptcy: Reports 
