Putting the "Fun" Back in Insurance - View the video

Ted Nickel

Presenter
Ted Nickel
Commissioner
Office of the Commissioner of Insurance

Location:
125 South Webster Street
Madison, WI 53703

Career Clusters / Help Topics:

  • Accounting and Finance
  • Business Management and Administration
  • Government and Public Administration

Biography:
Governor Scott Walker appointed Ted Nickel of Merrill, Wis., as Commissioner of Insurance for the State of Wisconsin on January 3, 2011. The Office of the Commissioner of Insurance regulates the business of insurance in Wisconsin. The office has a staff of 153 and is responsible for examining industry financial practices and market conduct, licensing agents, reviewing policy forms for compliance with state legislation, investigating consumer complaints and providing consumer information. In addition to its regulatory duties, the agency administers the State Life Insurance Fund, Local Government Property Insurance Fund and the Injured Patients and Families Compensation Fund. Prior to his appointment, Commissioner Nickel served for almost 18 years as Director of Governmental and Regulatory Affairs for Church Mutual Insurance Company in Merrill, Wis. Commissioner Nickel has been actively engaged in insurance industry affairs in Wisconsin while serving on the Board of Directors of the Wisconsin Insurance Alliance including serving as Alliance Board Chair. Commissioner Nickel served on the board of directors of the Wisconsin Insurance Security Fund; on the Oklahoma Property Casualty Insurance Guaranty Association; and as a member of the Legal and Government Affairs Committee of the Property Casualty Insurance Association of America. Commissioner Nickel also worked in the administration of Governor Tommy Thompson. Commissioner Nickel recently served on the Northcentral Technical College Board of Trustees for six years. While there, he served as Secretary/Treasurer and participated in a CEO recruiting committee. Locally, he has chaired the Merrill Parks and Recreation Committee and is vice-chair of the City Planning Commission. Commissioner Nickel earned his Bachelor of Science Degree in Business Administration with a concentration in Finance from Valparaiso University.

Description:
Insurance is a growing industry that is facing significant workforce issues in the coming years as the baby boomers that make up a large percentage of the workforce begin to retire. Wisconsin’s Commissioner of Insurance Ted Nickel helps to ensure that the industry is doing its best to meet the insurance needs of Wisconsin citizens. Insurance companies and insurance agencies are major employers in Wisconsin. Commissioner Nickel reviews the large diversity of employment options including anyone in the information technology, financial, marketing and legal professions, not just sales and actuarial. (Running Time 22:47)