April 08, 2020

Yarmouth man appointed new state insurance chief

AUGUSTA — Alessandro Iuppa of Yarmouth has been appointed Maine’s insurance chief, replacing Brian Atchinson, who resigned last summer to work for UNUM Corp.

Iuppa has been serving as acting superintendent of the Bureau of Insurance since Atchinson resigned in August. He assumed the position of deputy superintendent in 1994.

If confirmed by the Senate, Iuppa will be responsible for overseeing insurance regulation and managing an agency of 70 employees.

Iuppa previously held the jobs of deputy commissioner and commissioner in Nevada’s insurance division from 1986 to 1991. He then ran a consulting firm in Marblehead, Mass., that offered insurance company rehabilitation services to state insurance departments.

The appointment by Gov. Angus King fills a six-month unexpired term; Iuppa will be eligible for reappointment in June for a five-year term.

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