Insurance commissioner
Term · Insurance and risk management · MLC-T-INS-001853
The chief executive officer of a state's insurance department, responsible for regulating the insurance industry within that jurisdiction. This official oversees the enforcement of state insurance laws, licenses insurers and agents, reviews policy forms and rates, and investigates consumer complaints. The commissioner is either elected by the public or appointed by the state's governor, depending on the state's constitution and statutes.
| Identifier | MLC-T-INS-001853 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001853",
"term": "Insurance commissioner",
"field": "Insurance and risk management",
"definition": "The chief executive officer of a state's insurance department, responsible for regulating the insurance industry within that jurisdiction. This official oversees the enforcement of state insurance laws, licenses insurers and agents, reviews policy forms and rates, and investigates consumer complaints. The commissioner is either elected by the public or appointed by the state's governor, depending on the state's constitution and statutes.",
"url": "https://mlchart.com/terminology/insurance/insurance-commissioner/"
}
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