Maryland Commissioner of Insurance
| Maryland Commissioner of Insurance | |
 | |
| General information | |
| Office Type: | Non-partisan |
| Office website: | Official Link |
| Term limits: | None |
| Structure | |
| Length of term: | 4 years |
| Selection Method: | Appointed by the governor |
| Current Officeholder | |
 | |
| Name: | Therese Goldsmith |
| Assumed office: | June 13, 2011 |
| Compensation: | $166,082 |
| Other Maryland Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Comptroller • Treasurer • Superintendent of Education • Agriculture Secretary • Insurance Commissioner • Natural Resources Commissioner • Secretary of Labor • Public Service Commission | |
Contents |
Current officeholder
The current officeholder is Therese Goldsmith. She was appointed by Gov. Martin O'Malley on June 13, 2011. Her term expires May 31, 2015.
Authority
Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that authorizes the creation of a state executive office. That information for the Maryland Commissioner of Insurance has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Appointments
The Maryland Commissioner of Insurance is appointed by the Governor, with Senate advice and consent, to a four-year term.
Duties
The Maryland Insurance Administration has the following responsibilities:[2]
- Protect Maryland consumers by regulating the state's insurance companies and producers.
- Investigate complaints consumers have about their insurance coverage, including, but not limited to, life, health, automobile, and homeowners.
- License insurance companies and producers operating in Maryland.
- Conduct financial examinations of insurance companies to ensure solvency.
- Conduct market conduct examinations to ensure compliance with Maryland's insurance laws.
- Investigate acts of insurance fraud.
- Review and approve rates and contract forms.
Divisions
The Maryland Insurance Administration is divided into the following divisions:[3]
- Office of the Commissioner
- Commissioner, Deputy Commissioner, Associate Deputy Commissioner
- Public Affairs
- Government Relations
- Regulations
- Administration
- Producer Licensing
- Fiscal Services
- Human Resources
- Management Information Systems
- Facilities Management
- Compliance & Enforcement
- Consumer Education and Advocacy
- Examination & Auditing
- Insurance Fraud
- Life & Health
- Property & Casualty
- Office of the Attorney General
- Office of the Chief Actuary
Compensation
- See also: Compensation of state executive officers
2012
In 2012, the commissioner of insurance was paid an estimated $166,082. This figure comes from the Council of State Governments.
2010
In 2010, the Maryland Commissioner of Insurance was paid an estimated $156,060 according to the Council of State Governments.[4]
Contact information
Maryland Insurance Administration
200 Saint Paul Place, Suite 2700
Baltimore, MD 21202
1-800-492-6116
410-468-2000
See also
External links
References
- ↑ Maryland State Archives, "Maryland Insurance Administration - Historical Evolution," accessed September 24, 2011
- ↑ Maryland Insurance Administration, About MIA
- ↑ Maryland Insurance Administration, MIA Divisions
- ↑ The Council of State Governments,"The Book of States 2010 Table 4.11," retrieved June 21, 2011
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