Nevada Insurance Commissioner Departs, and Interim Commissioner Named

Department of Business and Industry Director Terry Reynolds announced the appointment of Nick Stosic as Interim Insurance Commissioner at the Nevada Division of Insurance.

Stosic’s appointment becomes effective on Friday.

The appointment was made following the Commissioner Barbara Richardson’s resignation. No reason was given for her departure.

Richardson has served in the role since March 2016. A recruitment to fill the vacancy on a permanent basis is planned.

Stosic most recently served as the deputy commissioner with the division where he provided oversight of the product compliance, market regulation and captives sections, while also acting as the liaison with Nevada’s insurance agents and brokers. Prior to that, he was the division’s insurance regulation liaison, beginning his career with the state in 2016.

In private industry he worked with international accounting firm of Price Waterhouse and Co., and has worked as an insurance producer, agency owner and manager.