Kevin Clinton to Succeed Ken Ross in Michigan

Michigan Gov. Rick Snyder has picked Kevin Clinton to be the new commissioner of the Michigan Office of Financial and Insurance Regulation.

Clinton is now a special advisor at the office, which includes the state’s insurance bureau. He previously was president of American Physicians Capital Inc., East Lansing, Mich., an insurer that merged with another insurer.

Earlier in Clinton’s career, he worked at the insurance bureau.

Clinton has a bachelor’s degree in business and a master’s degree in actuarial science from the University of Michigan. He is a fellow of the Casualty Actuarial Society.

Clinton’s first priority will be making sure that Michigan financial institutions are sound, and “he will also lead our effort to eliminate burdensome regulations that are preventing the industry from growing,” Snyder, R, says in a statement about the appointment.