Mark Peters, an attorney who served in former New York Attorney General Eliot Spitzer’s office, has been named to head the New York Liquidation Bureau.
Mr. Peters a onetime chief of the attorney general’s public integrity unit, will serve as special deputy superintendent in charge of the bureau, it was announced.
The bureau, a non-government operation that supervises New York insurers in liquidation, was hit last year by a scandal when the deputy in charge was indicted for criminal conduct.
Mr. Peters currently works as a partner at the Scarola Ellis law firm in New York.
“We’re thrilled to have Mark Peters, who is an outstanding attorney with a long record of standing for public integrity and has the perfect skills set to lead the Liquidation Bureau,” Acting New York State Insurance Superintendent Eric Dinallo said in a statement.
Mr. Peters is scheduled to join the bureau in early April after leaving the law firm. The position does not require legislative approval, a department spokesman said.
In 2005, Mr. Peters staged an unsuccessful Democratic primary campaign for the post of Brooklyn District Attorney.
Prior to joining Scarola Ellis in 2006, Mr. Peters was in charge statewide of all government corruption prosecutions for the attorney general’s office as chief of the public integrity unit. From 1999 until 2001, Mr. Peters served as deputy chief of the Civil Rights Bureau.
In December 2006, Johanna Hall, the former head of the Liquidation Bureau, was indicted on state charges with her husband, James. She was charged with grand larceny, defrauding the government, official misconduct and other charges. She was chief of the bureau from August 2005 to August 2006, when she was fired. Her trial is pending.
Ms. Hall is accused of, among other things, having her agency pay the salary and travel expenses of a bureau employee who acted as a babysitter for her three children during a trip to Disney World.
The NYLB acts for the superintendent of insurance as the court-appointed fiduciary and receiver of impaired or insolvent insurance companies. Its mission is to rehabilitate companies to the marketplace or distribute the proceeds of the company in a timely manner to creditors.