Governor Chris Christie named Thomas B. Considine to serve as Commissioner of Banking and Insurance on January 15, 2010.
Since his appointment, Considine’s approach has been to work with business, to streamline the regulatory process, and to make DOBI as adept at promoting the growth and stability of its licensees as it is at protecting consumers.
Prior to his appointment, he worked at MetLife, Inc., a global financial services company, for nearly 17 years, where he served most recently as Vice President & Government Relation Counsel. In addition, he served on the Board of Directors of the National Organization of Life and Health Insurance Guaranty Associations and various other financial services industry-related organizations.
Considine served as a founding appointee to the NJ Department of Banking & Insurance Financial Services Advisory Board.
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Commissioner
Thomas B. Considine |
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Since the start of his tenure in 2010, Considine has repealed burdensome regulations, spread the pro-growth message of the Christie Administration in the banking and insurance industries, set in motion regulations to reform Personal Injury Protection (PIP), reformed government banking deposit guarantees and worked with the Legislature on bills to expand captive and reinsurance markets. He has also taken a strong approach to fighting insurance fraud.
In addition to his responsibilities as Commissioner, Considine holds leadership positions with the National Association of Insurance Commissioners (NAIC). He was elected to the national Executive Committee of the NAIC, and also became the Vice Chairman of the NAIC's Northeast Zone.
Considine received his J.D. cum laude from the Seton Hall University School of Law and his B.S. magna cum laude from the W. Paul Stillman School of Business Administration at Seton Hall University. |