Connecticut Commissioner of Insurance
|Connecticut Commissioner of Insurance|
|Office website:||Official Link|
|2012-2013 FY Budget:||$24,233,560|
|Length of term:||4 years|
|Authority:||General Statutes of Connecticut, 38a-697-7|
|Selection Method:||Appointed by the governor|
|Assumed office:||March 2015|
|Other Connecticut Executive Offices|
|Governor•Lieutenant Governor•Secretary of State•Attorney General•Treasurer•Comptroller•Commissioner of Education•Agriculture Commissioner•Insurance Commissioner•Energy & Environmental Protection Commissioner•Labor Commissioner•Public Utilities Regulatory Authority|
The current commissioner is Katharine Wade, who was appointed by Governor Dan Malloy (D) on March 23, 2015. She took office March 24 and her appointment was confirmed by the state senate on April 14. She replaced interim officeholder Anne Melissa Dowling.
The office of insurance commissioner is established by state law.
General Statutes of Connecticut, 38a-697-7
In accordance with the provisions of sections 4-5 to 4-8, inclusive, the Governor shall appoint some suitable person, not a director, officer or agent of an insurance company, to be Insurance Commissioner.
State law only requires that the commissioner be a "suitable person" and "not a director, officer, or agent of an insurance company."
Insurance commissioners are appointed by the governor subject to confirmation by the state legislature. The commissioner serves at the governor's pleasure for four-year terms beginning on the first day of March in the year of his appointment.
General Statutes of Connecticut, 4-46-6
the Governor shall, with the advice and consent of either house of the General Assembly, appoint each department head in the manner prescribed by section 4-7 and section 4-8, to serve at the pleasure of the Governor but no longer than four years from the first day of March in the year of his appointment, unless reappointed under the provisions of said sections.
There are no term limits associated with the insurance commissioner.
As with all state appointive offices, vacancies in the office of insurance commissioner are filled by the governor and approved by a majority vote in both houses of the state legislature. If a vacancy occurs while the legislature is not in session, the governor may appoint a replacement to serve until the sixth Wednesday of the next legislative session.
The insurance commissioner's office regulates the state's insurance industry. It must approve all rate increases, forms, rules and changes in program procedures and it licenses insurance providers to operate in the state. The commissioner also supervises the financial condition of insurance companies to ensure their solvency and the "market conduct" of companies. He also deals with complaints against companies for illegal conduct or regulatory noncompliance.
- Financial Regulation
- Life & Health
- Property & Casualty
- Licensing Unit
- Financial Regulation
- Market Conduct
- Consumer Affairs
- See also: Connecticut state budget and finances
The budget for the Department of Insurance in the 2012-2013 Fiscal Year was $24,233,560.
- See also: Compensation of state executive officers
The Connecticut Commissioner of Insurance's salary is determined by law.
|List of Former Officeholders from 1867-Present|
|#||Name||Took office||Left office|
|2||George S. Miller||1872||1874|
|3||John W. Stedman||1875||1880|
|4||John W. Brooks||1881||1883|
|6||Orsamus R. Fyler||1887||1893|
|8||Frederick A. Betts||1896||1899|
|9||Edwin L. Scofield||1900||1902|
|11||Theodore H. Macdonald||1908||1911|
|13||Howard P. Dunham||1924||1935|
|14||John C. Blackall||1936||1942|
|15||W. Ellery Allyn||1943||1954|
|16||Thomas J. Spellacy||1954||1957|
|17||Alfred N. Premo||1957||1963|
|18||William R. Cotter||1963||1970|
|19||Paul B. Altermatt||1971||1973|
|20||Thomas C. White||1974||1974|
|21||Jay W. Jackson||1975||1976|
|22||T.F. Gilroy Daly||1977||1977|
|23||Joseph C. Mike||1977||1981|
|24||Peter W. Gillies||1983||1987|
|25||Robert F. Kelly||1988||1989|
|26||Robert R. Googins||1990||1993|
|27||William J. Gilligan||1993||1994|
|28||George M. Reider, Jr.||1994||1999|
|29||Susan F. Cogswell||1999||2007|
|30||Thomas R. Sullivan||2007||2010|
|31||Barbara C. Spear||2010||2011|
|33||Anne Melissa Dowling||2014||2015|
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153 Market Street, 7th Floor
Hartford, CT 06103
Phone: (860) 297-3800
- Connecticut Insurance Department, "Katharine L. Wade, Insurance Commissioner," accessed May 6, 2015
- thectmirror, "Acting Commissioner Dowling leaving insurance department," March 23, 2015
- The Hartford Courant, "Katharine Wade Confirmed As Insurance Commissioner," April 14, 2015
- General Statutes of Connecticut, "38a-697-7," accessed July 27, 2011
- General Statutes of Connecticut, "4-46-6," accessed July 27, 2011
- General Statutes of Connecticut, "4-46-7," accessed July 27, 2011
- Connecticut Office of Policy and Management Budget Documents, "20132-2013 Biennium Governor's Budget," accessed May 28, 2013
- Council of State Governments, "SELECTED STATE ADMINISTRATIVE OFFICIALS: ANNUAL SALARIES," accessed November 14, 2014
- The Council of State Governments, "Book of the States 2013, Table 4.11," accessed February 2, 2014