Difference between revisions of "Alabama Commissioner of Insurance"

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==Compensation==
 
==Compensation==
 
::''See also: [[Compensation of state executive officers]]''
 
::''See also: [[Compensation of state executive officers]]''
In 2012, the Alabama Insurance Commissioner was paid an estimated [[Compensation of state executive officers|$91,014]]. This figure comes from the [[Council of State Governments]].
+
In 2013, the Alabama Insurance Commissioner was paid an estimated [[Compensation of state executive officers|$91,014]]. This figure comes from the [[Council of State Governments]].
  
 
The commissioner's salary is determined by the governor "in the same manner as the salaries of other appointive department heads."<ref>[http://alisondb.legislature.state.al.us/acas/ACASLoginFire.asp ''Code of Alabama'', "Section 27-2-4," accessed May 24, 2011.]</ref>
 
The commissioner's salary is determined by the governor "in the same manner as the salaries of other appointive department heads."<ref>[http://alisondb.legislature.state.al.us/acas/ACASLoginFire.asp ''Code of Alabama'', "Section 27-2-4," accessed May 24, 2011.]</ref>

Revision as of 12:20, 29 January 2014

Alabama Commissioner of Insurance
General information
Office Type:  Nonpartisan
Office website:  Official Link
2013 FY Budget:  $19,980,591
Term limits:  None
Structure
Length of term:   Serves a term concurrent with appointing governor
Authority:  Code of Alabama, Section 27-2-2
Selection Method:  Appointed by Governor
Current Officeholder

Jim Ridling.jpg
Name:  Jim Ridling
Assumed office:  September 15, 2008
Compensation:  $91,014
Other Alabama Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission
The Alabama Commissioner of Insurance is a state executive position in the Alabama government. The commissioner is the chief executive of the Alabama Department of Insurance, which regulates insurance companies operating in Alabama.

Current officeholder

The current commissioner of insurance is Jim Ridling, who was first appointed to his office on September 15, 2008[1] and reappointed on January 17, 2011. As the commissioner of insurance serves his term concurrent with the governor that appointed him, Ridling will next come up for reappointment on January 19, 2015, when the next gubernatorial term begins.[2]

Before becoming insurance commissioner, Ridling was President and CEO of Southern Guaranty Insurance Co. Before that, he was Executive Vice President of U.S. Operations at Fireman's Fund Insurance.[3]

Authority

The commissioner of insurance's authority derives from Alabama statute.[2]

Code of Alabama, Section 27-2-2

(a) A Commissioner of Insurance shall be chief executive officer of the [Department of Insurance]. The commissioner shall be appointed by the Governor. He shall serve for a term concurrent with that of the Governor by whom he is appointed, or for the unexpired portion thereof.

Qualifications

Alabama law requires that the commissioner be "selected with special reference to his training, experience and capacity," and that he not be a candidate for any elected office.[2] The commissioner, before taking his oath of office, is also required to submit a $50,000 penal bond to the secretary of state.[4]


Code of Alabama, Section 27-2-2

(b) The commissioner shall be selected with special reference to his training, experience and capacity. He shall not be a candidate for, nor hold, any other public office of trust nor be a member of any political committee. If he becomes a candidate for public office or becomes a member of a political committee, his office as commissioner shall be immediately vacated.

Appointments

Click here to view a large-scale image of the Alabama state government organizational chart, as of 9/11/12.

The commissioner of insurance is appointed by the governor and serves a term concurrent with his.[2]

Term limits

Alabama law does not establish any term limits for the office.

Vacancies

Alabama statute does not prescribe a particular procedure for vacancies in the office of insurance commissioner. As all commissioners of insurance are appointed by the governor, he is responsible for naming a new officeholder in the case of a vacancy.[2]

Duties

The commissioner of insurance is responsible for overseeing the Department of Insurance, which regulates insurance companies operating in Alabama. His office investigates possible insurance fraud, licenses and tracks the solvency of insurance companies, assists consumers with insurance rating and underwriting, and acts as receiver of delinquent or bankrupt companies.

The commissioner also oversees the state Fire Marshal's Office, which investigates "suspicious fires and explosions," and enforces the state's fire code through building inspections.[5]

Divisions

The Department of Insurance, overseen by the commissioner of insurance, is divided into a number of divisions:

  • Accounting
  • Anti-Fraud
  • Consumer Services
  • Examiners
  • Fire Marshal
  • Information Technology
  • Legal
  • Human Resources
  • Preneed
  • Producer Licensing
  • Rates and Forms
  • Receivership

State budget

The budget for the Department of Insurance in Fiscal Year 2012-2013 was $19,980,591.[6]

Compensation

See also: Compensation of state executive officers

In 2013, the Alabama Insurance Commissioner was paid an estimated $91,014. This figure comes from the Council of State Governments.

The commissioner's salary is determined by the governor "in the same manner as the salaries of other appointive department heads."[7]

Code of Alabama, Section 27-2-4:

The commissioner shall receive such annual salary as fixed by the Governor in the same manner as the salaries of other appointive department heads. Such salary shall be payable in the same manner as other state employees are paid.

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the Alabama Commissioner of Insurance has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Recent news

This section displays the most recent stories in a google news search for the term Alabama + Commissioner + Insurance + Ridling

All stories may not be relevant to this page due to the nature of the search engine.

Alabama Commissioner of Insurance News Feed

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Contact info

Alabama

Physical address:
201 Monroe St., #1700
Montgomery, AL 36104

Mailing address:
PO Box 303351
Montgomery, AL 36130

Phone: 334-269-3550
Fax: 334-241-4192

See also

External links

References