Augusta, Maine – Governor Paul LePage recently announced his selection for Superintendent of the Maine Bureau of Insurance. The Governor has chosen Eric Cioppa to lead the Insurance Bureau which is part of the Department of Professional and Financial Regulation that regulates the insurance industry to protect and to serve the public. Cioppa has served as Acting Superintendent since June replacing former Superintendent Mila Kofman who resigned from the post. The Maine Senate is expected to vote on the nomination during the special legislative session September 27, 2011.
“Acting Superintendent Cioppa has the experience and qualifications to ensure that Maine’s insurance industry will be regulated in a fair, efficient and stable manner. I am confident that as Superintendent, Eric and his team at the Bureau of Insurance will meet the challenges we face as we seek to reform our health insurance industry and prepare for implementation of the federal Affordable Care Act,” said Governor LePage.
Cioppa joined the Bureau of Insurance in 1988 as a statistician III and served as the Supervisor of the Workers’ Compensation Section prior to becoming Deputy in 1998. Currently, Cioppa serves as co-chair of the National Association of Insurance Commissioners and International Association of Industrial Accident Boards and Commissions joint working group. He also is currently the co-chair of the National Association of Insurance Commissioners Advisory Organization Exam Oversight Group.
“The Bureau of Insurance plays an important role in making sure companies can sell their insurance products in Maine and consumers can benefit from a competitive market, while feeling certain that they are being treated fairly. I am grateful for Governor LePage’s confidence in me and the Bureau’s knowledgeable and experienced staff, and look forward to continuing to work together to build Maine’s competitive insurance market.” said Cioppa.
Cioppa received his BA from Potsdam State University and his MBA from Clarkson.