The departure of Rod Morris, former Arizona Department of Insurance captive administrator, who left for the private sector, has not adversely affected captive development, according to the Arizona Captive Insurance Association (AzCIA).
DOI Director Christina Urias announced Jan. 18 that Mr. Morris had left the department. She said that Mr. Morris joined the department in July 2004 and that under his tenure the number of Arizona-licensed captives more than tripled, from 27 to 106.
"With complete deference to the past, my recent meetings with DOI staff on captive matters have been excellent," Mike Mead, president of Sonora Captive Management and of AzCIA, said in a statement. "[The department is] responsive, helpful and thoroughly professional."
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