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Okla. Gov. Names Holland Insurance Commissioner

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Oklahoma Gov. Brad Henry, a Democrat, has selected Kim Holland, a longtime Tulsa insurance executive, to serve as the state’s insurance commissioner.[@@]

Holland succeeds Carroll Fisher, who resigned in September 2004, 2 days before the start of impeachment proceedings.

“Kim Holland will restore integrity and public confidence to the commissioner’s post,” Henry says in a statement about his nominee. “After all the negative headlines associated with the office in recent months, Kim will provide a breath of fresh air to the people of Oklahoma, the insurance industry and insurance department.”

The new commissioner, Holland, has worked in the Oklahoma insurance industry for 25 years. She has spent the last 2 decades with Team Insurance Group, Tulsa, Okla.

Holland also has served as a board member for the Oklahoma Health Care Authority, the state agency that runs Oklahoma Medicaid programs.

Holland is scheduled to serve through 2006, when the next election is set.

The former commissioner, Fisher, was first elected to the post in 1998 and reelected 4 years later.

Fisher was active in the National Association of Insurance Commissioners, Kansas City, Mo., where he helped block a proposed model law dealing with annuity sales practices. Fisher, a former agent, told fellow regulators that the model law would be an invitation to trial lawyers to file lawsuits.

Fisher faced impeachment proceedings in connection with accusations of neglect of duty, incompetence and corruption in office.

Fisher awaits trial on criminal charges in connection with the allegations that he used campaign donations for personal expenses, illegally operated a charity and mishandled funds for an insurance education conference.


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