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Insurance


Thank you for visiting the PRC Division of Insurance website!

 

The mission of the Division of Insurance is to provide convenient access to consumers to reliable insurance products which are underwritten by dependable and financially sound companies. We strive to ensure that these companies have a proven history of fair and reasonable rates and are represented by trustworthy and qualified agents. We are committed to consumer protection and fraud prosecution and deterrence.



Regards,
John Franchini         biography
Superintendent of Insurance

 


 


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Biography of John G. Franchini

 

John G. Franchini, a native New Mexican and graduate of Creighton University in Omaha, has over 35 years experience in the insurance industry. 

 

John “temporarily” joined Consolidated Agency, his father’s independent insurance agency, while attending graduate school at the University of New Mexico.  Ten years later, he purchased the business and expanded it to four locations employing 82 people and servicing nearly 15,000 customers.  During that time, he served on the New Mexico Workers’ Compensation Assigned Risk Pool Board of Governors, the Patient Compensation Administration Board of Directors, and was elected president of the Independent Insurance Agents of New Mexico. 


In 1998, Poe & Brown, a national insurance broker, purchased the business.  Franchini was named vice president, and his responsibilities included new business production, development of specialized insurance programs, and agency acquisitions.  He received the company’s “Top Gun of New Mexico” award in 2000 and the “Top Gun of the Southwest” award in 2001.

 

Franchini joined New Mexico Mutual in 2002 and was eventually named Vice President of Government and Industry Affairs.  At New Mexico Mutual, he worked with state legislators, members of regulatory agencies, and insurance agents to strengthen the company’s financial and public standing. 

 

John is a member of the Leadership New Mexico Class of 2007, former board member of the Rocky Mountain Insurance Information Association, and past president of the New Mexico Insurance Association.





 
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