Maryland Commissioner of Insurance

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Maryland Commissioner of Insurance
General information
Office Type:  Nonpartisan
Office website:  Official Link
Term limits:  None
Length of term:   4 years
Selection Method:  Appointed by the governor
Current Officeholder

Therese Goldsmith.jpg
Name:  Therese Goldsmith
Assumed office:  June 13, 2011
Compensation:  $166,082
Other Maryland Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralComptrollerTreasurerSuperintendent of EducationAgriculture SecretaryInsurance CommissionerNatural Resources CommissionerSecretary of LaborPublic Service Commission
The Maryland Commissioner of Insurance serves as head of the Maryland Insurance Administration, an independent agency within the state executive branch created in 1993. Prior to that, insurance was a part of the Department of Licensing and Regulation.[1]

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.


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.


The Maryland Commissioner of Insurance is appointed by the Governor, with Senate advice and consent, to a four-year term.


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.


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


See also: Compensation of state executive officers


In 2012, the commissioner of insurance was paid an estimated $166,082. This figure comes from the Council of State Governments.


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

See also

External links

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