ARIZONA NEWS

Gov. Katie Hobbs appoints cabinet members for real estate, insurance

Feb 18, 2023, 6:00 PM

(Photo by Carmen Mandato/Getty Images)...

(Photo by Carmen Mandato/Getty Images)

(Photo by Carmen Mandato/Getty Images)

PHOENIX — Arizona Gov. Katie Hobbs on Friday announced two new members of her cabinet focused on real estate and finance.

Susan Nicolson was named director of the Department of Real Estate, and Barbara Richardson will lead the Department of Insurance and Financial Institutions.

“As Arizona continues its trend of growing, it requires leaders who understand the consumer and business needs that will make this growth possible,” Hobbs said in a press release. “The two individuals I have appointed will bring with them decades of real estate and industry experience to help the state thrive.”

Nicolson has 25 years of real estate experience. She recently served as the director of the West & Southeast REALTORS of the Valley and as chair of the Government Affairs Advisory Council.

She has specialized in residential sales, corporate relocation and investment properties, according to her realtor.com profile.

Among the Department of Real Estate’s responsibilities are regulating real estate, overseeing activities of licensees, investigating complaints against licensees and land developers, regulating the sale of subdivisions and approving pre-licensing instruction.

Nicolson also owned a brokerage, Sun Cactus Realty, and a real estate school.

Richardson spent 12 years as the director of Operations and Fraud for the New Hampshire Insurance Department and the last six years as insurance commissioner of the Nevada Division of Insurance.

She previously held roles at the Federal Reserve Bank, CNA Insurance and Kemper Financial.

The Department of Insurance and Financial Institutions regulates insurance companies and financial services operating in Arizona.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Entrance to the Internal Revenue Service building....

KTAR.com

Arizona launches legal battle against IRS to halt taxation of state-issued tax rebate

Arizona Attorney General Kris Mayes said the state is suing the IRS in hopes of stopping it from taxing a state-issued tax rebate.

46 minutes ago

Three panel image, left to right, of Ruben Gallego, Kari Lake and Kyrsten Sinema...

Kevin Stone

New Arizona Senate poll: Ruben Gallego up big over Kari Lake in race for Kyrsten Sinema’s seat

A new poll on Arizona's U.S. Senate race is good news for Ruben Gallego, bad news for Kari Lake and worse news for Kyrsten Sinema.

2 hours ago

Brunson Lee elementary school district sign...

KTAR.com

Manhunt yields no results after shooting suspect seen going into Phoenix elementary school

A manhunt came up empty after a shooting suspect was seen running into an elementary school before students arrived Thursday morning.

4 hours ago

Chandler innovation fair 2024 East Valley...

Serena O'Sullivan

Chandler Innovation Fair to celebrate innovation with hundreds of hands-on science exhibits

The yearly Chandler Innovation Fair, which celebrates innovators and scientists of all ages in the East Valley, will return on Saturday.

7 hours ago

One Handsome Bastard photo...

Serena O'Sullivan

Old Town Scottsdale’s 1st microdistillery opens in former Blue Clover Distillery space

The space previously occupied by Blue Clover Distillery is now known as One Handsome Bastard. The name honors the late Brad Ritchie.

7 hours ago

Follow @KTAR923...

Sponsored Content by Midwestern University

Midwestern University Clinics: transforming health care in the valley

Midwestern University, long a fixture of comprehensive health care education in the West Valley, is also a recognized leader in community health care.

Sponsored Articles

...

Collins Comfort Masters

Avoid a potential emergency and get your home’s heating and furnace safety checked

With the weather getting colder throughout the Valley, the best time to make sure your heating is all up to date is now. 

...

Day & Night Air Conditioning, Heating and Plumbing

Valley residents should be mindful of plumbing ahead of holidays

With Halloween in the rear-view and more holidays coming up, Day & Night recommends that Valley residents prepare accordingly.

...

Sanderson Ford

The best ways to honor our heroes on Veterans Day and give back to the community

Veterans Day is fast approaching and there's no better way to support our veterans than to donate to the Military Assistance Mission.

Gov. Katie Hobbs appoints cabinet members for real estate, insurance