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An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.
The NAIC is not a regulator; while its members are the insurance commissioners (i.e., the chief insurance regulators) of each U.S. state and six territories, [1] the NAIC is a non-governmental organization that concerns itself with insurance regulatory matters but does not actually regulate. The states have not delegated their regulatory ...
Oversees and directs all functions of the Department of Insurance. Licenses, regulates, and examines insurance companies. Answers public questions and complaints regarding the insurance industry. Enforces the laws of the California Insurance Code and adopts regulations to implement the laws.
Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed ...
The Commissioner is supposed to represent the people, not the insurance companies, to ensure we have a vibrant marketplace of insurance options, at reasonable prices.
The commissioner of insurance is a statewide elected office in the U.S. state of North Carolina. The commissioner is a constitutional officer who leads the state's Department of Insurance and sits on the North Carolina Council of State. The current commissioner is Mike Causey, who has held that office since January 1, 2017.
Morale is low and vacancies are up at the Department of Insurance due to low wages and poor leadership — not surprising given reports of the commissioner’s politically motivated use of ...
This wide-ranging legislation would make the state’s insurance commissioner elected instead of appointed and create a new six-member Property Insurance Commission to comment on and review state ...