Each state has an insurance commissioner whose job it is to ensure insurance agents and companies are playing within the rules. Why is insurance a highly regulated field?
Each state has an insurance commissioner whose job it is to ensure insurance agents and companies are playing within the rules. Why is insurance a highly regulated field?
An insurance commissioner is referred to as the public official in an executive branch of the territory or the state in the US, who used to get along with their office that regulates the insurance industry. Power is used to grant to the office of an insurance commission in each as well as the state.
An office of an insurance commissioner is used to establish either through the statute or state constitution. While most insurance commissioners are used to appoint in the jurisdiction, an insurance commissioner's office is used to be part of a large regulatory agency or an autonomous department.
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