Texas Insurance Commissioner Mike Geeslin, who has overseen regulation of the insurance industry for more than five years, announced he was stepping down. In Wisconsin, Gov. Scott Walker appointed Ted Nickel as commissioner of insurance.
In a letter to the Texas Governor, Geeslin asked that he was stepping down when his term ends Feb. 1.
In Wisconsin, prior to being named Commissioner, Mr. Nickel formally worked as director of governmental and regulatory affairs for Merrill, Wisc.-based Church Mutual. Prior to Church Mutual, Mr. Nickel worked in former Gov. Tommy Thompson's administration.