Michigan Gov. Rick Snyder has named Ann Flood director of thestate Department of Insurance and Financial Services.
|Flood (pictured) fills the post vacated by Kevin Clinton, whohas been appointed by Snyder as the state's treasurer.
|The duo will start their new roles on Nov. 1.
|Flood, an attorney, was Clinton's chief deputy director and wasresponsible for the department's Office of General Counsel, Officeof Insurance Evaluation, Office of Insurance Rates and Forms, theBudget Office, Information Technology Services and HumanResources.
|Snyder, in a statement, says Flood is “a natural successor to[Clinton] to lead our team at DIFS.”
|Clinton served as director of DIFS since it was created a yearago. Prior to that, he was commissioner of the state's Office ofFinancial and Insurance Regulation for two years.
|Trade association the Property Casualty Insurers Association ofAmerica thanked Clinton for his leadership while looking forward toworking with Flood on the “critical issues facing consumers and the[P&C] industry in Michigan including no-fault auto reform,combating fraud and managing the many issues under review by theNational Association of Insurance Commissioners.
|“It is also vital that Michigan join the rest of the nation inpassing confirming requirements of the federal Nonadmitted andReinsurance Reform Act to establish a level playing field forsurplus lines products,” continues Jeffrey Junkas, PCI regionalmanager, in a statement.
|Last month PCI was appointed to Michigan Secretary of State RuthJohnson's auto insurance anti-fraud task force.
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