Kevin Clinton

R. Kevin Clinton was appointed Director of the Department of Insurance and Financial Services by Michigan Governor Rick Snyder effective March 18, 2013.  Mr. Clinton has been serving as Commissioner to the Office of Financial and Insurance Regulation since 2011. 

The Department of Insurance and Financial Services (DIFS) will be the State of Michigan department responsible for regulating Michigan's financial industries, including banks, credit unions, insurance, and mortgage companies.  DIFS will provide a focal point of consumer protection, enable efficient and effective regulation, and position the insurance and financial services sector of Michigan’s economy for growth.  The agency consists of over 350 professionals dedicated to protecting Michigan consumers by ensuring the companies that it regulates are safe and sound, follow state and federal law, and are entitled to the public confidence.

Before being appointed director, Mr. Clinton served for more than six years as president and CEO of American Physicians Capital, Inc. (APCapital), a publicly traded medical professional liability insurance provider based in East Lansing, MI. During his tenure at APCaptial, Clinton restructured the company to focus on core professional liability insurance lines of business, strengthened the balance sheet by reducing investment risk and gained investor confidence by restoring the company to profitability. Before becoming president and CEO, Clinton worked as the company's vice president and chief operating officer.

Prior to joining APCapital in 2001, Mr. Clinton served for nearly five years as president and CEO of MEEMIC Insurance Company, a publicly traded property and casualty insurance holding company based in Auburn Hills, MI. There he significantly improved the company's financial condition by negotiating new agent contracts, streamlining operational efficiency and raising capital through a subscription rights demutualization. Mr. Clinton was also chief financial officer at ProNational Insurance Company.

Mr. Clinton's extensive experience and expertise in the insurance industry also includes actuarial positions in the private sector as well as serving as chief actuary for the Michigan Insurance Bureau in the 1980s.  

He holds Bachelors of Business Administration and Masters of Actuarial Science degrees from the University of Michigan.

Ann Flood

Ann Flood serves as DIFS’s Chief Deputy Director.  Ms. Flood oversees the department’s Office of General Counsel, Office of Insurance Evaluation, Office of Insurance Rates and Forms, the Budget Office, Information Technology Services and Human Resources.  Ms. Flood has been serving as Chief Deputy Commissioner to the Office of Financial and Insurance Regulation.

Ms. Flood most recently served as the executive vice president and chief operating officer of American Physicians Capital, Inc. (APCapital), a publicly traded medical professional liability insurance provider based in East Lansing, MI.

Before joining APCapital, Ms. Flood served as senior vice president, corporate secretary and legal counsel of ProNational Insurance Company. Ms. Flood has also held various executive level and legal positions at MEEMIC Insurance Company, PICOM Insurance Company and Lansing General Hospital.

Ms. Flood, a member of the State Bar of Michigan and a registered nurse, has more than 25 years of experience in the legal, insurance and health care fields.

She received her B.S. in Nursing from the University of Michigan and her Juris Doctorate from Wayne State University.

Stephen Hilker

Stephen Hilker serves as DIFS’s Senior Deputy Director.  Mr. Hilker oversees the department’s Office of Banking, Office of Credit Unions and Office of Consumer Finance.  Mr. Hilker has been serving as Senior Deputy Commissioner to the Office of Financial and Insurance Regulation.

Mr. Hilker most recently served as a Bureau Director in the Michigan Department of Treasury and has 35 years of experience in administrative and financial management within government environments. 

Prior to his time at the Department of Treasury, Mr. Hilker's positions in state government include Budget and Finance Officer for the Department of Public Health and CFO and Deputy Director for the Department of Social Services.

Mr. Hilker received his B.S. in Psychology and Statistics from Michigan State University. He also received his MBA and performed post-graduate work in Accounting at Michigan State University and has done Doctoral studies at Western Michigan University with a focus on budgeting and program innovation.

He is a Certified Public Accountant and has obtained a number of other financial certifications. He has 21 years experience in State budget and finance, 7 years in tax revenue operations, and 7 years of experience in quality control and regulation.

Teri Morante

Teri Morante serves as DIFS’s Senior Deputy Director.  Ms. Morante oversees the department’s Office of Consumer Services, Office of Insurance Licensing and Market Conduct, and Office of Policy.  Ms. Morante has been serving as Senior Deputy Commissioner to the Office of Financial and Insurance Regulation.