Nevada insurance commission to retire
–30 April 2008
Nevada Insurance Commissioner Alice A. Molasky-Arman is to retire in September, Governor Jim Gibbons has announced.
“My decision to leave the division was a difficult one, but I am privileged to have worked with such a highly dedicated and capable staff at the Division,” Molasky-Arman said. “I am confident that the division will be left in good hands after my departure.”
Molasky-Arman was appointed commissioner in January 1995 by Governor Bob Miller. Her service extended through Governor Kenny Guinn’s administration and continued under Governor Gibbons. She has served longer than any insurance commissioner in Nevada’s history, and is currently one of the longest-serving commissioners in the Nation.
Substantial changes have evolved the insurance market since her appointment. She took a leading role when Nevada’s bankrupt industrial insurance system (SIIS) became a successful private mutual insurer known as Employers Insurance Company of Nevada (EICON) during Nevada’s transition toward a competitive workers’ compensation environment.
“Alice has been a tremendous asset to this state, and we’re all very sorry to see her retire,” said Mendy Elliott, director of the Nevada Department of Business and Industry. “We will be launching a nationwide search to find a new insurance commissioner, and hope to have that person ready to begin upon Alice’s retirement in September.”
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