On Aug. 18, Kent Sullivan announced his resignation as Texas Commissioner of Insurance. He remains in this role through September.
Sullivan became commissioner in October 2017 shortly after Hurricane Harvey’s catastrophic impact on the state. During his three years as commissioner, Sullivan is credited with leading a modernization effort to enhance the department’s services and response.
Sullivan’s tenure was not without controversy with the surplus lines market.
In 2018, he promulgated a new regulation requiring the Surplus Lines Stamping Office of Texas to collect policy limits for coverages obtained in the surplus lines market, and, more recently, he rewrote SLTX’s plan of operation asserting tighter supervision of the agency.
TDI regulates the second largest insurance market in the nation and the seventh largest in the world. Sullivan, an attorney and former appeals court justice and state judge, also served as first assistant attorney general for the state of Texas. He plans to return to the private sector.