Alabama Republican Gov. Bob Riley has filled the state insurance commissioner's post left vacant when Walter Bell in a controversial move left to take a post doing lobbying and other work for a reinsurer.
Mr. Riley said Tuesday he has appointed Jim L. Ridling, a past president and chief executive officer of Southern Guaranty insurance company and a founder of River Bank and Trust. Southern Guaranty, a Montgomery, Ala.-based property-casualty insurer with personal and commercial lines was sold to General Casualty in Sun Prairie, Wis.
Mr. Bell, it was announced in August, was resigning to become chairman of Swiss Re America Holding Corporation. Besides directing regulatory affairs and lobbying regulators, the company said Mr. Bell, whose appointment was effective Tuesday, would provide supervisory governance of the Americas businesses.
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