New Mexico Insurance Superintendent Eric Serna resigned his post last week just over a month after he was sidelined as a result of a corrupt practices investigation.

Mr. Serna's resignation will require an election by the National Association of Insurance Commissioners at its summer meeting next month in Washington to fill the NAIC secretary-treasurer's post he held.

Last month, Mr. Serna went on administrative leave on the recommendation of the state attorney general.

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