Maine: Governor Nominates Insurance Superintendent

Gov. John E. Baldacci announced on Jan. 25 the nomination of Mila Kofman as superintendent of the Maine Bureau of Insurance, the state’s insurance regulatory agency. The bureau is responsible for overseeing more than 1,100 insurance companies and nearly 60,000 agents licensed to do business in Maine.

“Mila brings a tremendous level of experience and balanced judgment to the role of superintendent. I am confident that she will bring all her strengths to bear to lead this important agency and its excellent staff, which plays a crucial role in monitoring the financial soundness of the insurance industry and enforcing consumer protections,” said Baldacci.

With experience in the academic, government, and not-for-profit sectors, Kofman currently serves as associate research professor at the Georgetown University Health Policy Institute in Washington, D.C. She has led research projects at the institute focused on public and private mechanisms to address the issue of the uninsured, health care fraud, and other issues. Other projects she has spearheaded have been funded through such groups as the Robert W. Johnson Foundation, The Commonwealth Fund, and the Blue Cross Blue Shield Association, among others.

Prior to joining Georgetown University, Kofman was a regulator at the U.S. Department of Labor, where she specialized in developing guidance for state and federal health care reforms and initiatives. She held this position from 1997 to 2001.

Kofman has served as a consumer representative at the National Association of Insurance Commissioners (NAIC) since 2002. She was appointed co-editor of the Journal of Insurance Regulation in 2005. She has been a presenter at a variety of state and national health care meetings and briefings during her career, and has been widely published.

Kofman has a bachelor’s degree in government and politics from the University of Maryland. She earned a J.D. from Georgetown University Law Center.

“I am excited about this opportunity,” Kofman said. “I have worked with insurance departments around the nation. The regulators at Maine’s Bureau of Insurance, through their dedication to protecting the public, their high level of competence and professionalism, set the standard for the rest of the nation.”

The superintendent of insurance is responsible for overseeing Maine’s insurance industry, including licensing, examination of insurance companies, review of rate change and policy filings, and investigations of insurance-related complaints. The Bureau of Insurance is part of the Department of Professional and Financial Regulation.

If confirmed by the Legislature, Kofman would fill the position through April 2009, the expiration of the five-year term of former Superintendent Alessandro A. Iuppa.

Source: Maine Governor's Press Office

Posted: Friday, January 25, 2008 12:00:00 AM. Modified: Friday, January 25, 2008 3:43:09 PM.

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