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The Colorado Department of Regulatory Agencies (DORA) is the principal department of the Colorado state government [1] responsible for professional licensing and consumer protection. [ 2 ] As the consumer protection agency for the State of Colorado , DORA's nine Divisions and more than 40 boards, commissions, and advisory committees license and ...
It became part of the Department of Regulatory Agencies (DORA) in 1968. The chief executive officer of the Division is the Commissioner of Insurance. The Commissioner is appointed by the governor, Prior to 1906, the commissioner was known as the Superintendent of Insurance and was under the State Auditor, and until 1984 was a state employee.
The department also determines if services and benefits offered by companies are consistent with insurance policy provisions and Ohio law, reviews and approves more than 6,200 company filings per year for life, accident, health, managed care, and property and casualty policy forms and rates. The Director of Insurance, who is appointed by the ...
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 Nationwide Multi-State Licensing System and Registry (NMLS) (originally the Nationwide Mortgage Licensing System) is the system of record for non-depository, financial services licensing or registration in participating state agencies, including the District of Columbia and U.S. Territories of Puerto Rico, the U.S. Virgin Islands, and Guam.
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Often, independent insurance agents will work with insurance intermediaries, who obtain quotes from multiple insurance providers and pass them off to the independent agent. Working with an insurance intermediary service allows the independent agent to review many quotes and offer their clients the best policy options available.
The bill is written so that the individual state in the United States would retain their state-level regulatory authority over: (1) licensing, continuing education, and other qualification requirements of non-NARAB producers; (2) resident or nonresident producer appointment requirements; (3) supervision and disciplining of such producers; and ...