Indiana and Massachusetts announce new insurance coverage commissioners

Holly Williams Lambert has been appointed as Indiana’s subsequent insurance coverage commissioner, and Michael T. Caljou has been appointed as Massachusetts’ insurance coverage commissioner.

Indiana Governor Eric J. Holcomb chosen Lambert for the function. She beforehand served as Chief of Employees for the Indiana Division of Insurance coverage (IDOI), a place she has held since becoming a member of the division in 2011. Mr. Lambert is scheduled to formally take over the place on October sixteenth.

This appointment follows the announcement that present Indiana Insurance coverage Commissioner Amy Beard will resign on October fifteenth. Throughout his tenure as Commissioner, Beard oversaw the addition of 11 home insurance coverage corporations to the state, the implementation of the Cybersecurity Reporting Act and portal, and the creation of an insurance coverage firm. Institution of a Pharmacy Profit Supervisor Oversight Group and launch of a medical insurance claims database and shopper criticism portal.

Mr. Lambert expressed his willpower to proceed the work began by Mr. Beard, and the division will construct on current infrastructure, implement key initiatives, and work collaboratively with the insurance coverage business to satisfy the wants of Indiana residents. He mentioned he would give attention to that.

In the meantime, in Massachusetts, Governor Maura Healey appointed Michael T. Caljou as Secretary. Caljouw has 33 years of expertise in insurance coverage regulation and coverage, most just lately serving as vp of state and federal authorities and regulatory affairs at Blue Cross Blue Defend of Massachusetts.

Mr. Caljouw’s public sector expertise consists of serving as normal counsel for the Massachusetts Division of Insurance coverage and the state’s Workplace of Client Affairs and Enterprise Regulation (OCABR). OCABR operates throughout the Financial Improvement Administration and oversees the Division of Insurance coverage.

All through his profession, Mr. Caljou helped develop main insurance coverage insurance policies, together with the state’s HMO chapter regulation and value containment regulation. He has additionally been chargeable for making premium charge choices and reviewing giant mergers and acquisitions throughout numerous insurance coverage sectors.

Mr. Caljou expressed enthusiasm for returning to public service underneath the Healy-Driscoll administration, with a give attention to sustaining a secure, reasonably priced and clear insurance coverage market whereas defending the pursuits of customers within the state. . His time period as commissioner formally begins Nov. 4.

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