People on the Move: Regulators

JOEL ARIO was confirmed as the new insurance commissioner for the commonwealth of Pennsylvania. Ario has been serving for more than a year as interim commissioner. His previous experience includes a stint as the insurance regulator for Oregon. One of his first tasks in the Keystone State will be to oversee a proposed merger between Highmark Inc. and Independence Blue Cross, two large health insurers.

CAROLYN H. HENNEMAN was named associate commissioner for insurance fraud in Maryland's insurance department and will oversee its Insurance Fraud Division starting Aug. 13. Henneman most recently has served as an international prosecutor with the United Nations Mission in Kosovo and has also been a Maryland assistant attorney general. She will replace Ron Sallow, recently retired.

In India, an Appetite for Risk (08/15/11)
The Emerging Terrorism Landscape (08/07/12)
A Market on the Cusp of What? (06/09/11)
Reinsurance (09/01/11)
Pair of Analysts Favorable to Allied World and Transatlantic Merger (06/16/11)

SHARON P. CLARK was appointed commissioner of the Kentucky Department of Insurance. She has worked in the state government for 17 years, since December in a post in the Finance and Administration Cabinet and before that as director of the Consumer Protection and Education division, among other positions. Clark began the new job July 16. She replaces John Burkholder, who returned to his post as deputy commissioner after serving as acting commissioner.

The Bermuda Monetary Authority announced that WALTER A. BELL joined its board of directors by appointment from Finance Minister Paula A. Cox. Bell has put in more than 30 years in the financial industry and currently serves as Alabama's insurance commissioner, as vice chairman of the International Association of Insurance Supervisors and as a member of the executive committee of the National Association of Insurance Commissioners (where he also is past president). Bell is the first international appointee to the BMA board.

CATHERINE J. WEATHERFORD is leaving NAIC, where she's served as executive vice president and CEO for the past dozen years. The association announced that it expects Weatherford to continue on through the 2008 Fall National Meeting in late September in a consultant capacity and that it will conduct a national search for her replacement. ANDREW BEAL, deputy executive vice president and chief legal officer, is acting executive vice president and CEO until that replacement is found.

(Read the rest of the People on the Move newsletter from July 23.)

July 23, 2008

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