Rick Ferguson is the new manager and chief executive officer of the Idaho State Insurance Fund, according to the latest newsletter from the American Association of State Compensation Insurance Funds.

Rick Ferguson

Ferguson has more than 25 years of experience in the insurance industry, according to AASCIF, including 17 years as head of the Idaho Counties Risk Management Program.

His experience with ICRMP, as well as private sector experience with Aetna and Travelers, gives Ferguson a deep understanding of the state’s insurance requirements and culture, the association said.

Ferguson replaces Connie S. Barnett as CEO and manager of the state fund.