According to industry reports, Massachusetts Insurance Commissioner, Nonnie S. Burnes, recently announced her plan to resign from the Insurance Department to become a senior university fellow at Northeastern University, where she earned her law degree.
Commissioner Burnes began her tenure as Insurance Commissioner in February 2007. Most notably, she has played a key role in reducing auto insurance rates and increasing competition by giving auto insurance companies greater freedom to establish rates. Commissioner Burnes is expected to start her position at Northeastern on October 1, 2009. She is slated to teach an interdisciplinary course on regulatory reform.