You are here:HomeNews CenterInsurance News2014Connecticut Insurance Commissioner Thomas B. Leonardi Resigns

Connecticut Insurance Commissioner Thomas B. Leonardi Resigns

A highly respected leader in insurance regulation, Connecticut Insurance Commissioner Thomas B. Leonardi, has announced his resignation...
November 26, 2014

A highly respected leader in insurance regulation, Connecticut Insurance Commissioner Thomas B. Leonardi, has announced his resignation. Leonardi will become a senior advisor with Evercore (NYSE: EVR), a leading independent investment banking advisory firm.

Leonardi has been a member of the executive committee of both the National Association of Insurance Commissioners (NAIC) and the International Association of Insurance Supervisors (IAIS). He was a member of the U.S. Treasury's inaugural Federal Advisory Committee on Insurance (FACI) and was selected to serve on the World Economic Forum's Global Council on Insurance and Asset Management.

Leonardi has been very active in international affairs with the NAIC and has been an outspoken critic of efforts by the IAIS to implement global capital standards for internationally active insurance companies and close its meetings to industry observers. He has also been an outspoken supporter of state regulation of insurance. Leonardi was appointed Connecticut's insurance commissioner in 2011 by Gov. Dan Malloy, a Democrat who won a tight re-election campaign earlier this month.

Insurance Leaders React to Leonardi's Departure (video) (WRIN.tv 11/25/14)

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