Mike Weaver, who served as Insurance Commissioner under Gov. Guy Hunt from 1988 to 1993, passed away Sunday after an extended illness. He was 70.
Weaver was a longtime resident of Randolph County, a graduate of Randolph County High School and Auburn University. For 28 years he was owner of Weaver and Associates Insurance Consultants.
He is survived by his son and daughter-in-law, two grandchildren, his mother, a sister and two brothers. He was preceded in death by his father. A celebration of life service will be held on May 1, 2021, at 2:00 PM at Liberty Grove Congregational Methodist Church in Woodland, Alabama.
From 1973 until 1988, Weaver was involved in various positions in the life insurance industry, ending as Regional Underwriting Manager for Reinsurance in the Southeast Region for American United Life in their Atlanta office.
In 1988, he was named Alabama’s Insurance Commissioner and for almost five years organized, supervised, and administered the Department of Insurance so it performed its lawful functions efficiently and effectively.
“Mike was good to do business with. He was one of my favorite people in this business for a longtime,” said Jim Ridling, current Insurance Commissioner.
During Weaver’s tenure as commissioner, the Department continued to unearth corruption in the non-standard automobile insurance industry, which resulted in the conviction of at least two insurance company executives and one insurance commissioner from another state. Weaver stressed the importance of participating in the activities of the National Association of Insurance Commissioners. But perhaps his favorite achievement was the establishment of a separate Consumer Services Division in the Department to respond to consumer complaints and inquiries.
“He really cared about people,” said Deputy Commissioner Jimmy Gunn. “He was all about helping consumers."
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