Advertisement

Minnesota's Top Insurance Regulator Steps Away

Minnesota's Top Insurance Regulator Steps Away

November 17, 2017 02:05 PM

ST. PAUL, Minn. (AP) - The state's top insurance regulator is stepping down from the job.

Advertisement – Content Continues Below

Gov. Mark Dayton announced Friday that Department of Commerce Commissioner Mike Rothman would step down immediately after more than six years on the job. He'll be replaced by Jessica Looman, who has served as a deputy commissioner with the Department of Labor and Industry since 2014.

Rothman had been the state's Commerce commissioner since Dayton became governor in 2011. His department helped set insurance rates for the individual market, facing sharp criticism as premiums skyrocketed in recent years.

He was also criticized by Republicans in 2014 for failing to crack down on a Minneapolis nonprofit whose executive was found to have misspent more than $1 million in public funds.

Rothman is expected to launch a bid for Attorney General.


WDIO

Copyright 2017 The Associated Press. All rights reserved.

Advertisement
Advertisement
Relay Media Amp

Two Organizations Team up to Provide Transitional Home for Veterans

Special Report: Reed's New Ride

State Lawmakers Recap Legislative Session Coming to End

Complaint: Teacher Admitted to Sexual Contact with Former Student

Great Lakes Aquarium Adding Shark Touch Pool Exhibit

Hawk Hustle Celebrates Fundraising for Playground

Advertisement
Advertisement
Advertisement