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As of Jan. 2013, the commissioner's salary is $124,676.<ref>[http://thenerve.org/news/2013/02/27/salary-panel/ ''The Nerve Center,'' "S.C. Salary Panel Approves Salaries for New Insurance Director, Winthrop University President," accessed February 27, 2013]</ref>
  
 
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===2012===

Revision as of 16:39, 5 April 2014

North Carolina Commissioner of Insurance
General information
Office Type:  Partisan
Office website:  Official Link
2013 FY Budget:  $41,767,978
Term limits:  None
Structure
Length of term:   4 years
Authority:   North Carolina Constitution, Article III, Section 7
Selection Method:  Elected
Current Officeholder

Wayne Goodwin.jpg
Name:  Wayne Goodwin
Officeholder Party:  Democratic
Assumed office:  2009
Compensation:  $123,198
Elections
Next election:  November 8, 2016
Last election:  November 6, 2012
Other North Carolina Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission
The North Carolina Commissioner of Insurance is an elected state executive position in the North Carolina state government. The commissioner is the head of the North Carolina Department of Insurance, serves as a member of the Council of State, and is also the State Fire Marshall.[1]

Current officeholder

The current officeholder is Wayne Goodwin (D). He was first elected to the position in 2008 and was re-elected in 2012.

Authority

The position and duties of Commissioner of Insurance are established by Article III, Section 7 of the North Carolina Constitution.

Article III, Section 7:

A Secretary of State, an Auditor, a Treasurer, a Superintendent of Public Instruction, an Attorney General, a Commissioner of Agriculture, a Commissioner of Labor, and a Commissioner of Insurance shall be elected by the qualified voters of the State...

Qualifications

Article VI, Section 6 of the North Carolina Constitution establishes the qualifications of the office:

Every qualified voter in North Carolina who is 21 years of age, except as in this Constitution disqualified, shall be eligible for election by the people to office.
  • Qualified North Carolina voter
  • 21 years of age

Vacancies

Details of vacancy appointments are addressed under Article III, Section 7.

If a vacancy occurs in the office, the Governor appoints another to serve until a successor is elected and qualified. Every such vacancy shall be filled by election at the first election for members of the General Assembly that occurs more than 60 days after the vacancy has taken place, and the person chosen shall hold the office for the remainder of the unexpired term fixed in this Section.

Duties

The Commissioner of Insurance acts as head of the Department of Insurance, serves on the Council of State, and is State Fire Marshall. The office was created by the North Carolina Legislature in 1899 to oversee the insurance industry. It is now responsible for a number of areas, including regulating the insurance industry, licensing insurance professionals, educating consumers, and handling complaints.[2]

==Elections

North Carolina state government organizational chart

North Carolina elects Insurance Commissioners in Presidential election years. For North Carolina, 2008, 2012, 2016, and 2020 are all insurance commissioner election years. They are elected to a four-year term, which begins the first day of January following the election.

Full History


Divisions

The Department of Insurance includes the following divisions:

  • Services for consumers
  • Senior Health Insurance Information Program (SHIIP)
  • Agent services
  • Criminal investigations
  • External review program
  • Property and casualty
  • Forms and rates (Life and Health)
  • Market regulation
  • Financial evaluation
  • Regulatory actions
  • Actuarial services
  • Legislative services
  • Media relations office
  • Controller's office
  • Regional offices

State budget

The budget for the Department of Insurance in Fiscal Year 2013 was $41,767,978.[3]

Compensation

See also: Compensation of state executive officers

Article III, Section 9 defines the method by which the Insurance Commissioner's compensation is set:

The officers whose offices are established by this Article shall at stated periods receive the compensation and allowances prescribed by law, which shall not be diminished during the time for which they have been chosen.

2013

As of Jan. 2013, the commissioner's salary is $124,676.[4]

2012

In 2012, the commissioner was paid an estimated $123,198. This figure comes from the Council of State Governments.

2010

In 2010, the North Carolina Commissioner of Insurance was paid an estimated $123,198 according to the Council of State Governments.[5]

Historical officeholders

Since the office was created in 1899, North Carolina has had 10 insurance commissioners.

Click "show" for former officeholders.

Recent news

This section displays the most recent stories in a google news search for the term "North Carolina" + Commissioner + of + Insurance

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

"North+Carolina"+Commissioner+of+Insurance&um=1&ie=UTF-8&output=rss North Carolina Commissioner of Insurance News Feed

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Contact information

Physical address:
430 N. Salisbury St.
Raleigh, NC 27603-5926
Consumer Helpline:
1-800-546-5664 (In-state only) or (919)807-6750
Agent Services Helpline:
919-807-6800

See also

External links

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References