Ignoring a little-known statute that requires that the Maryland Insurance Commissioner and similar positions must be filled by white men in their 50s, Governor O’Malley has appointed Therese Goldsmith as the new Maryland Insurance Commissioner.
Most Marylanders do not understand what the Maryland Insurance Administration does, picturing that old white guy with his secretary and two minions. But the MIA is a major operation with a $30 million budget. It employs a zillion more people than you think.
Therese M. Goldsmith graduated from the University of Maryland Law School in 1998 and went to Venable. She made partner in short order at Hogan & Hartson. Governor Martin O’Malley appointed her to serve as the Maryland Public Service Commission in 1998, which regulates public utilities and some transportation companies in Maryland. Now she is stepping into Ralph Tyler’s shoes, who is now with the FDA. I don’t think I agreed with Ralph on everything, but he was a good guy who was kind enough to regularly speak to my insurance law class at UB.