New York Attorney General Eliot Spitzer, the state’s governor- elect, has picked Eric Dinallo to be the state’s next insurance superintendent.
Dinallo, 43, now the general counsel of Willis Group Holdings Ltd., London, once served under Spitzer as chief of the Investment Protection Bureau.
Dinallo led investigations that resulted in insurance brokers paying billions of dollars into settlement funds.
Dinallo also has worked as a managing director and head of regulatory affairs at Morgan Stanley, New York.
Dinallo has a bachelor’s degree from Vassar College, a master’s degree in public policy from Duke University, and a law degree from New York University.
Dinallo’s father, Gregory Dinallo, wrote scripts for television series such as “Quincy M.E.,” “The Six Million Dollar Man,” “Mrs. Columbo,” and “Walker, Texas Ranger.”
“There is near universal agreement that the regulation of the insurance industry needs reform, and Eric is well suited, given his time with Willis, and previously with Morgan Stanley, to oversee this effort in New York,” Willis Chairman Joseph Plumeri says in a statement about Dinallo’s decision to accept the New York insurance superintendent post.
Outgoing Insurance Superintendent Howard Mills also has issued a statement praising Dinallo.
“Along with his experience in and knowledge about this critical industry, his demonstrated commitment to consumer rights will serve all New Yorkers well,” Mills says. “I extend my heartiest congratulations to Dinallo, and look forward to working with him to ensure a smooth transition.”