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The office of an insurance commissioner is established either by the state constitution or by statute. While most insurance commissioners are appointed, in some jurisdictions they are elected. [1] The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is ...
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 ...
The first state commissioner of insurance was appointed in New Hampshire in 1851 and the state-based insurance regulatory system grew as quickly as the insurance industry itself. [4] Prior to this period, insurance was primarily regulated by corporate charter, state statutory law and de facto regulation by the courts in judicial decisions.
Nebraska requires that drivers in the state must carry at least the set minimum amounts of liability coverage. Nebraska auto insurance laws require the following: $25,000 per person for bodily injury
Former insurance commissioner Dave Jones has a sobering view on the future of homeowner coverage in California: He believes the state is “marching steadily towards an uninsurable future ...
State law gives the insurance commissioner 45 days to issue an order once the hearing concludes. The Rate Bureau declined to comment. North Carolina is one of the few states — if not the only ...
Washington (state) Insurance Commissioners (4 P) Pages in category "State insurance commissioners of the United States" The following 46 pages are in this category, out of 46 total.
Kentucky’s average insurance rates are slightly above the national averages, with full coverage costing an average of $2,705 a year, while state-mandated minimum insurance is available for an ...