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The Albuquerque Journal reported that state Superintendent John Franchini has withdrawn his application to serve a third four-year term and instead plans to retire.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 This material may not be published, broadcast, rewritten or redistributed.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.
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades 
NYC Mayor Eyes City-Run Insurance Program for Affordable Housing 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
