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Consumer Insurance Services: Responsible for educating consumers about insurance and resolving insurance-related conflicts. Insurance: Responsible for enforcing the state's insurance laws. Regulatory Boards: Responsible for regulating and licensing many different businesses and professions.
It’s against the law to drive without car insurance in Tennessee (unless you have posted the required $65,000 bond or cash deposit to forgo an insurance policy). If you get caught driving ...
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
The New York State Legislature unanimously confirmed Benjamin M. Lawsky on May 24, 2011, as New York State's first Superintendent of Financial Services. [9] From May 24, 2011, until October 3, 2011, Lawsky also was appointed, and served as, Acting Superintendent of Banks for the former New York State Banking Department. [9]
Regardless of who makes it a requirement, it is your insurance provider that will fulfill the obligation on your behalf by sending an SR-22 to the Tennessee Department of Safety and Homeland Security.
Criteria for license suspension vary by state law, but in many states, your license may be suspended for driving a vehicle registered in your name without meeting the state’s minimum insurance ...
After World War II, the Insurance Department pioneered many consumer protections, including comprehensive mandated health insurance benefits, open enrollment, and prohibitions against insurers arbitrarily dropping an individual's health insurance coverage. [1] The New York State Insurance Department was the first insurance department or agency ...
Departments or other top-level agencies, i.e., where the head of agency reports directly to the Governor (with the exception of the Education Department which is headed by the Regents of the University of the State of New York, and the Executive Department which is headed by the Governor.)