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Snyder names insurance director as Mich. treasurer

October 15, 2013 • Business


File – In this Sept. 16, 2013 file photo, Kevin Clinton, director of the Michigan Department of Insurance addresses a news conference in Lansing, Mich. Michigan Gov. Rick Snyder announced Tuesday, Oct. 15, 2013, that Clinton will be the next state treasurer. (AP Photo/MLive.com, Brian Smith, File)

LANSING, Mich. (AP) — Gov. Rick Snyder moved quickly Tuesday to name the next state treasurer, choosing to elevate someone already in his Cabinet to the job overseeing tax collections, state retirement funds and the financial health of local governments and schools.

Kevin Clinton, director of the Michigan Department of Insurance and Financial Services, will start as treasurer on Nov. 1. His chief deputy, Ann Flood, will take over then as chief of the insurance agency.

Treasurer Andy Dillon announced his resignation on Friday, citing an acrimonious divorce that had drawn attention from the media.

“We have two outstanding individuals to take new roles within the administration,” the Republican governor said during a news conference at his Lansing office.

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