Indiana and Massachusetts announce new insurance coverage commissioners

Holly Williams Lambert has been appointed as the subsequent insurance coverage commissioner of Indiana, whereas Michael T. Caljouw has been named insurance coverage commissioner for Massachusetts.

Indiana Gov. Eric J. Holcomb chosen Lambert for the function. She beforehand served as chief of workers on the Indiana Division of Insurance coverage (IDOI), a place she has held since becoming a member of the division in 2011. Lambert is about to formally take over the place on Oct. 16.

The appointment follows the announcement that present Indiana Insurance coverage Commissioner Amy Beard will step down on Oct. 15. Throughout her time as commissioner, Beard oversaw the addition of 11 home insurers within the state, the implementation of a cybersecurity reporting regulation and portal, the creation of a pharmacy profit managers oversight workforce, and the launch of a medical insurance claims database and a shopper grievance portal.

Lambert expressed her dedication to persevering with the work began by Beard, saying the division will give attention to constructing on the prevailing basis, implementing key initiatives, and dealing collaboratively with the insurance coverage business to handle the wants of Indiana residents.

In the meantime, in Massachusetts, Gov. Maura Healey appointed Michael T. Caljouw to the commissioner function. Caljouw brings 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 Protect of Massachusetts.

Caljouw’s public sector expertise consists of serving as normal counsel for the Massachusetts Division of Insurance coverage and the state’s Workplace of Shopper Affairs and Enterprise Laws (OCABR). OCABR, which operates throughout the Govt Workplace of Financial Growth, oversees the Division of Insurance coverage.

Throughout his profession, Caljouw assisted in shaping key insurance coverage insurance policies, together with the state’s HMO insolvency and value containment regulation. He has additionally been answerable for choices associated to insurance coverage charges and the evaluate of main mergers and acquisitions throughout numerous insurance coverage sectors.

Caljouw expressed his enthusiasm about returning to public service underneath the Healey-Driscoll Administration, with a give attention to sustaining steady, inexpensive, and clear insurance coverage markets whereas defending shopper pursuits within the state. His time period as commissioner will formally start on Nov. 4.

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