Interim commissioner named at Nevada DoI
Nick Stosic has been named Interim Commissioner at Nevada Division of Insurance, effective January 6.
The appointment was made following the resignation of Barbara Richardson, who has served in the role since March 2016. A recruitment to fill the vacancy on a permanent basis will be conducted.
“I want to thank Barbara for her service to the Division of Insurance and the State of Nevada. We wish her well as she embarks on a new chapter in her career,” said Department of Business and Industry Director Terry Reynolds.
Reynolds said that under Richardson’s leadership, the division has enhanced communications to consumers, developed new online educational tools, and ensured that insurance providers were adequately meeting the needs of all Nevadans.
Stosic most recently served as the deputy commissioner with the division where he provided oversight of the product compliance, market regulation and captives sections, while also acting as the liaison with Nevada’s insurance agents and brokers. Prior to that he served as the division’s Insurance Regulation Liaison, beginning his career with the state in 2016.
Stosic is a Nevada native. After graduating from the University of Arizona with a BS in Business Administration, he worked with the international accounting firm of Price Waterhouse and Co. in both Los Angeles, CA and Seattle, WA while obtaining his certified public accountant designation. He returned home to Reno in 1982 where he dedicated his career to the family insurance business, working as an insurance producer, agency owner and manager until 2015.