Jim Riesberg, insurance commissioner and director for the Division of Insurance, is resigning effective July 8.
Reisberg has served as insurance commissioner since July, 2011, replacing Manitou Springs resident Marcy Morrison in the position.
“Jim brought rich experience and a passion for public service to the Division of Insurance,” said Gov. John Hickenlooper. “We are honored he served on our team and we wish him well in the future.”
Barbara Kelley, director of the Department of Regulatory Agencies for the state, credited Reisberg’s leadership and insurance experience as the key to aligning state and federal regulations for the Patient Protection and Affordable Care Act.
“Commissioner Riesberg has guided the division through several impactful enhancements, in the face of major industry change,” Kelley said. “ His work and efforts to streamline the market conduct examinations of insurance carriers have directly resulted in simplified processes, efficiencies and the reduction of regulatory red tape. Jim departs having laid a solid foundation for Connect for Health Colorado, the new health insurance marketplace scheduled to open in October 2013, which will greatly assist Colorado as it embarks upon a new era in health insurance.”
Kelley and the governor’s office will begin the search for a new permanent commissioner of insurance immediately. In the interim, Doug Dean, director of the Public Utilities Commission, will also serve as interim insurance commissioner. Dean previously held the insurance commissioner position from January 2003 through February 2005.
Bobbie Baca, supervisor of the property & casualty section in consumer affairs will remain as the division’s main point of contact for matters relating to wildfires/disaster assistance for homeowners and insurance policy issues.