Eric R. Dinallo

Infobox_Governor
name= Eric R. Dinallo


caption=
order=39^th Superintendent of Insurance of New York
Confirmed= April 18, 2007
|spouse= Priscilla Almodovar
profession= Attorney

Eric R. Dinallo is the Superintendent of Insurance for New York State; he was nominated by Governor Eliot Spitzer and confirmed by the New York State Senate on April 18, 2007 as the 39th Superintendent of the New York State Insurance Department. Since being named Superintendent, Dinallo's accomplishments include resolving in eight weeks a [http://www.ins.state.ny.us/press/2007/p0705231.htm dispute over insurance settlements] for the World Trade Center complex, a dispute that had dragged on for five and a half years.

Dinallo has been named to lead the state's efforts to reform [http://www.ny.gov/governor/press/0313071.html workers' compensation] insurance and [http://www.ins.state.ny.us/press/2007/p0707021.htm medical malpractice] insurance. He [http://www.ins.state.ny.us/press/2007/p0705291.pdf chairs the Blue Ribbon commission] charged with reviewing and modernizing New York's financial services regulatory structure.

Dinallo joined the Insurance Department from Willis Group Holdings. Since 2006, he had been General Counsel for the company, the world’s third largest insurance broker. A member of the Partners Group, the company’s global executive management committee, he was the primary legal advisor on value creation matters. His responsibilities included supervising General Counsels, Global Compliance and the Internal Audit Department, as well as implementing corporate strategies, policies and procedures to ensure the effective management of regulatory and litigation matters.

From 2003 to 2006, Dinallo was the Managing Director, Global Head of Regulatory Affairs for Morgan Stanley. He designed and led top-to-bottom reviews of conflicts and business practices, achieving a major shift in the firm-wide regulatory strategy. At Morgan Stanley, Dinallo chaired the Global Conflicts Committee and was the Managing Director on the Law Department Diversity Committee. He was also a member of the Franchise Committee and the Operational Risk Group.

Dinallo served at the Office of Attorney General Eliot Spitzer from 1999 to 2003. As Chief of the Securities Bureau, he was charged with combining that bureau with the Real Estate Finance Bureau. The resulting Bureau was named the Investment Protection Bureau to reflect its focus, and Dinallo was named its first Chief. In that capacity, he led the reinvigorated Bureau’s investigations into the Wall Street Cases – conflicts of interest in the financial services industry, including research analyst cases and the spinning of hot initial public offerings. He produced more than 40 major civil and criminal matters, and led the Bureau through the beginning of the mutual fund industry investigations.

Before joining the Attorney General’s office, Dinallo served as an Assistant District Attorney in the New York County District Attorney’s office from 1995 to 1999. He had primary responsibility for securities fraud and white collar and insider trading investigations and trial.

From 1991 to 1995, Dinallo was a Litigation Associate with the Manhattan law firm of Paul, Weiss, Rifkin, Wharton & Garrison.

From 1990 to 1991, the Superintendent clerked with the Honorable David M. Ebel of the United States Court of Appeals, Tenth Circuit in Denver.

Dinallo earned a Bachelor of Arts degree in philosophy from Vassar College in 1985, followed by a Master of Arts degree from Duke University School of Public Policy in 1987. In 1990, he earned his law degree from New York University where he was New York University Law Review and Essay Editor and a member of the Order of the Coif.

Dinallo lives in Manhattan with [http://query.nytimes.com/gst/fullpage.html?res=990CE0D8103EF936A15755C0A963958260 his wife] , [http://www.nyhomes.org/home/index.asp?page=30 Priscilla Almodovar] and children.