insurance regulator News

Arizona Insurance And Banking Regulator Schraad Steps Down

Arizona’s top banking and insurance regulator is stepping down for a job in the private sector. Gov. Doug Ducey announced that Keith Schraad was leaving his post Thursday as head of the Arizona Department of Insurance and Financial Institutions. He …

New Mexico Insurance Regulator Says Back Taxes Audit Inaccurate

New Mexico’s superintendent of insurance is saying an audit into his office’s failure to collect some $190 million in back taxes from insurers was based on incorrect data. The Santa Fe New Mexican reported that in a letter Tuesday to …

California Commissioner Asks National Regulators to Block Aetna-Humana Deal

California’s insurance commissioner on Thursday urged national antitrust regulators to block health insurer Aetna Inc’s proposed $34 billion acquisition of Humana Inc. David Jones, whose state Department of Insurance does not have authority to block the deal, said the acquisition …

Oregon Threatens To Decertify Workers’ Comp Group

Oregon insurance regulators said that they’ve taken the first steps toward decertifying a workers’ compensation self-insurance trust and will shut it down next week if the employers can’t come up with $750,000. The Oregon Department of Consumer and Business Services …

5 Considered For New Mexico Insurance Regulator Post

Five government, insurance and health care officials are in the running to manage New Mexico’s newly independent insurance regulatory agency. Among the candidates are state Insurance Superintendent John Franchini and Milton Sanchez, who directs the Office of Health Care Reform …

Panel Solicits Applicants For New Mexico Insurance Regulator

Former State Insurance Superintendent Chris Krahling has been named to a panel that will select New Mexico’s top insurance regulator. A nine-member committee will select the next superintendent of insurance, who starting in July will be in charge of an …

Panelists Named To Select New Mexico Insurance Regulator

Health care and insurance industry officials and a state legislator were named by Gov. Susana Martinez to a panel that will select New Mexico’s newly independent insurance regulator. A nine-member committee will name the superintendent of insurance to run an …

Lawyer: New Mexico Insurance Boss Suspended

An attorney for the New Mexico’s chief insurance regulator says his client has been given a 10-day unpaid suspension for missing a meeting with his soon-to-be ex-boss and for letting his employees leave work an hour early on Christmas. Attorney …