The insurance regulator for Ambac Assurance Corp. has named Roger Peterson special deputy commissioner for the company's segregated account containing its riskiest policies, pending court approval.

The regulator, the Wisconsin Office of the Commissioner of Insurance, said Peterson will resign from his position as deputy administrator of the OCI's division of regulation and enforcement, and focus solely on his role as special deputy commissioner.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.