Insurance commissioner (or commissioner of insurance) is an executive office in many U.S. states, some in the state cabinet. The office differs state by state:
- In some states insurance commissioner is a constitutional office established by state constitution; in other states the office was created by state statute;
- In some states the insurance commissioner is an elected official; in other states they are appointed by the state governor;
- In some states the insurance department or division is autonomous; in other states such a department is part of a larger body.
The National Association of Insurance Commissioners (NAIC) is a professional association for these individuals.
Read more about Insurance Commissioner: List of Insurance Commissioners
Famous quotes containing the word insurance:
“Before I get through with you, you will have a clear case for divorce and so will my wife. Now, the first thing to do is arrange for a settlement. You take the children, your husband takes the house, Junior burns down the house, you take the insurance and I take you!”
—S.J. Perelman, U.S. screenwriter, Arthur Sheekman, Will Johnstone, and Norman Z. McLeod. Groucho Marx, Monkey Business, terms for a divorce settlement proposed while trying to woo Lucille Briggs (Thelma Todd)