NU Online News Service, June 28, 11:32 a.m. EDT

Rep. Jim Riesberg will resign his seat in the Colorado General Assembly to become the state’s new insurance commissioner.

Riesberg, D-Greeley, who was first elected as a representative in 2004, will start work in his new role on July 1, says Gov. John Hickenlooper in a statement. Riesberg is now ranking member of the Health and Environmental Committee and a member of the Appropriations Committee.

The new commissioner will replace John J. Postolowski, who was appointed interim commissioner last December. Postolowski, with the Division of Insurance since 1998, will return to his role as deputy commissioner.

Hickenlooper says Riesberg “has deep experience as a legislator and public servant. He also has a distinguished career in the insurance, human resources and private sectors.”

Among Riesberg’s immediate responsibilities will be to implement the state’s Health Benefit Exchange.

A Colorado native, Riesberg worked for 24 years at various insurance and human resources companies, including Allstate Insurance Co. and Hearth Co. Real Estate and Insurance.

Riesberg has a bachelor’s degree in history and master’s degree in gerontology from the University of Northern Colorado. Hickenlooper’s office says Riesberg went to the graduate Realtor’s Institute and has numerous certificates and awards for courses in insurance, real estate, sales training and personal development.