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Nevada Commissioner of Insurance

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Nevada Commissioner of Insurance
General information
Office Type:  Non-partisan
Office website:  Official Link
Term limits:  None
Structure
Selection Method:  Appointed by the Director of the Nevada Department of Business and Industry
Current Officeholder

Scott Kipper.jpg
Name:  Scott Kipper
Assumed office:  October 24, 2011
Compensation:  $117,030
Other Nevada Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerControllerSuperintendent of Public InstructionAgriculture DirectorInsurance CommissionerDirector of Conservation and Natural ResourcesLabor CommissionerPublic Utilities CommissionEmployment, Training and Rehabilitation
The Nevada Commissioner of Insurance is an appointed state executive position in the Nevada state government.

The Commissioner oversees the Division of Insurance, which is under the Department of Business and Industry. The stated mission of the Insurance Division is "To protect the rights of Nevada consumers in their experiences with the insurance industry and to ensure the financial solvency of insurers."[1]

Current officeholder

The acting commissioner is Scott Kipper. Kipper was appointed on October 24, 2011.[2]

Authority

The Nevada Commissioner of Insurance's powers, term of office, etc. are derived from Chapter 232 of the Nevada Revised Statutes.

Chapter 232, Section 820:

The Commissioner of Insurance is the head of the Division and:
1.  Is appointed by and responsible to, and serves at the pleasure of, the Director of the Department of Business and Industry.
2.  Is in the unclassified service of the State.[3]

Qualifications

In order to serve as Commissioner, one must meet the following qualifications:[4]

  • 1.  "The Commissioner shall have had at least 2 years’ responsible experience in the field of insurance, including, but not limited to, one or more of the following endeavors: Administration, sales, law, counseling and education."
  • 2.  "The Commissioner shall not be a stockholder in or directly or indirectly connected with the management or affairs of any insurance company or insurance brokerage or agency."

Appointments

The Commissioner of Insurance is appointed by the director of the Nevada Department of Business and Industry, who is appointed by the governor.

Vacancies

In the event of a vacancy, the Director of the Department of Business and Industry designates an acting Commissioner.[5]

Duties

The insurance division is charged with protecting the rights of the consumer and the public’s interest in dealing with the insurance industry and is responsible for regulating the insurance industry. It sets ethical and financial standards for insurance companies and review rates. The division responds to and assists consumers. It reviews insurance policies to ensure compliance with Nevada insurance laws and regulations. The division licenses insurance companies, insurance agents and producers. It makes sure insurance companies are solvent and have the ability to pay claims. It also makes sure companies follow through on the promises made to consumers through insurance policies. The division also reviews programs operated by self-insured employers for worker’s compensation.[6]

Divisions

Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the Nevada 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.

Compensation

See also: Compensation of state executive officers

2012

In 2012, the Nevada Commissioner of Insurance was paid an estimated $117,030. This figure comes from the Council of State Governments.

2009

In 2009, the Nevada Commissioner of Insurance was paid an estimated $117,030 according to the Council of State Governments.[7]

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the Nevada 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

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Contact information

Carson City office:
1818 E. College Pkwy., Suite 103
Carson City, NV 89706
Phone: (775) 687-0700
Fax: (775) 687-0787

Las Vegas office:
2501 East Sahara Ave., Suite 302
Las Vegas, NV 89104
Phone: (702) 486-4009
Fax: (702) 486-4007

See also

External links

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References