Fisher Says Resignation Was ‘In the Best Interest’ of Family and Oklahoma

September 27, 2004

Former Oklahoma Insurance Commissioner Carroll Fisher issued the following statement after resigning from his post:

“For the last six years, it has been my honor and privilege to serve the people of Oklahoma as insurance commissioner.

“It has been a tremendous honor to be involved in the lives of Oklahomans who were faced with insurance problems and we had the opportunity to help make sure the policy provisions of their insurance contracts were fulfilled.

“I have been proud of the job my staff and I have accomplished during that time. In 2000, we had approximately 41,000 insurance agents licensed in Oklahoma. At the end of 2003, we had 53,000. Likewise, in 2000, the Oklahoma Insurance Department collected $153 million in revenue for the State of Oklahoma. In 2003, we collected $197 million.

“However, as I prepared for my trial in the State Senate, I realized my efforts were futile. I have always prepared for success and not failure. When faced with that reality, I made the decision that I believe is in the best interest of all Oklahoma, most especially my family.

“As the Oklahoma Insurance Department moves forward, I know the citizens of this state will be in good hands. Every employee I hired was based on competence and not favor.”

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