Colorado Governor Names New Commissioner of Insurance

Gov. John Hickenlooper announced today the appointment of Marguerite Salazar as Colorado’s new Commissioner of Insurance. She will begin work on Aug. 19.

“Marguerite Salazar’s deep roots in Colorado and small business acumen will serve her well in this new role,” Hickenlooper said. “She is a savvy executive, understands regulatory reform and already knows her way around the insurance industry. We are proud she is joining our team.”

Salazar will replace Jim Riesberg, who recently resigned. He had served as the commissioner of Insurance since July 2011.

Salazar will oversee the regulation of the insurance industry in Colorado. Her role will be key to assisting consumers and other stakeholders with insurance needs, including homeowners affected by Colorado wildfires and subsequent flooding.

As the chief executive of the Division of Insurance, Salazar will work with the insurance industry to bring an inclusive, open, firm and fair-minded regulatory approach to all lines of insurance under her supervision such as life, homeowner, property and casualty, auto, workers’ compensation and title insurance.

“This is a great opportunity to continue serving the people of Colorado and build on my past work as a public-private executive,” Salazar said. “I look forward to assisting consumers and others find the optimal balance of effectiveness and efficiency when dealing with insurance issues in our state.”

Source: Colorado Department of Regulatory Agencies, Division of Insurance