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Minnesota Commissioner of Insurance

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Minnesota Commissioner of Insurance

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General information
Office Type:  Non-partisan
Office website:  Official Link
Term limits:  None
Structure
Length of term:   Serves at the governor's pleasure�
Authority:  Minnesota Statutes 15.06
Selection Method:  Appointed by the governor
Current Officeholder

Mike Rothman.jpg
Name:  Mike Rothman
Assumed office:  January 12, 2011
Compensation:  $97,217
Other Minnesota Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorCommissioner of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Utilities Commission

Contents

The Minnesota Commissioner of Insurance is a state executive position in the Minnesota state government housed within the Department of Commerce. The Commissioner's office is tasked with ensuring consumers and industry are treated fairly in regards to all insurance transactions.[1]

Current officeholder

The current officeholder is Michael Rothman. He assumed office January 12, 2011.[2]

Appointments

Per 15.06 of the Minnesota Statutes, the governor appoints the Commissioner of Commerce with the consent of the Senate. The commissioner serves at the pleasure of the governor. His or her term expires at the end of the governor's term or if the governor vacates office.[3]

Duties

The commissioner is responsible for consumer protection, regulation of financial service industries including insurance, state-chartered banks, credit unions, securities, and real estate. The Department licenses franchises, collection agencies, and currency exchanges.[2]

The commerce department is also responsible for enforcement of Public Utilities Commission (PUC) rules and orders, regulation of natural gas and electric public utilities, energy conservation standards and information programs, low-income home energy assistance and weatherization, regulation of telephone companies, the administration of Telecommunications Access Minnesota (TAM), petrofund, and unclaimed property programs.[2]

Compensation

See also: Compensation of state executive officers

2012

In 2012, the commissioner was paid an estimated $97,217. This figure comes from the Council of State Governments.

2010

In 2010, the Minnesota Commissioner of Insurance was paid an estimated $97,217 according to the Council of State Governments.[4]

Contact information

Minnesota Department of Commerce
85 7th Place East, Suite 500
St. Paul, MN 55101
651-296-2488

Commissioner Mike Rothman's Office
Phone: 651-296-6025
Fax: 651-297-1959
Email: commerce.commissioner@state.mn.us

See also

External links

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References

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