Difference between revisions of "Oklahoma Commissioner of Insurance"

From Ballotpedia
Jump to: navigation, search
(add infobox, budget)
(Added RSS feed and historical officeholders)
Line 99: Line 99:
 
In 2010, the Oklahoma Superintendent of Public Instruction was paid an estimated $126,713 according to the [[Council of State Governments]].<ref>[http://knowledgecenter.csg.org/drupal/system/files/Table_4.11.pdf ''The Council of State Governments'',"The Book of States 2010 Table 4.11," retrieved May 14, 2011]</ref>
 
In 2010, the Oklahoma Superintendent of Public Instruction was paid an estimated $126,713 according to the [[Council of State Governments]].<ref>[http://knowledgecenter.csg.org/drupal/system/files/Table_4.11.pdf ''The Council of State Governments'',"The Book of States 2010 Table 4.11," retrieved May 14, 2011]</ref>
  
 +
==Historical officeholders==
 +
{{SEO historical officeholders missing}}
 +
 +
==Recent news==
 +
This section displays the most recent stories in a google news search for the term '''Oklahoma + Commissioner + of + Insurance'''
 +
 +
:''All stories may not be relevant to this page due to the nature of the search engine.''
 +
 +
<rss>http://news.google.com/news?hl=en&gl=us&q=Oklahoma+Commissioner+Insurance&um=1&ie=UTF-8&output=rss|template=slpfeed|max=10|title=Oklahoma Commissioner of Insurance News Feed</rss>
 
==Contact information==
 
==Contact information==
 
'''Oklahoma Insurance Department'''<br>
 
'''Oklahoma Insurance Department'''<br>

Revision as of 16:35, 22 June 2013

Oklahoma Commissioner of Insurance
General information
Office Type:  Partisan
Office website:  Official Link
2012 FY Budget:  $11,697,000
Term limits:  None
Structure
Length of term:   4 years
Authority:  Oklahoma Constitution, Article VI, Section 1
Selection Method:  Elected
Current Officeholder

John Doak.jpg
Name:  John Doak
Officeholder Party:  Republican
Assumed office:  January 10, 2011
Compensation:  $126,713
Elections
Next election:  November 4, 2014
Last election:  November 2, 2010
Other Oklahoma Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission
The Oklahoma Commissioner of Insurance is an elected executive position in the Oklahoma state government. The commissioner is responsible for enforcing Oklahoma's insurance-related laws and protecting the financial security of the state and its citizens.

Current officeholder

The current officeholder is John Doak. He was first elected in November 2010 and assumed office on January 10, 2011.

Authority

The office of the Oklahoma insurance commissioner is established in Article VI, Section 1 of the Oklahoma Constitution.

Article VI, Section 1:

A. The Executive authority of the state shall be vested in a Governor, Lieutenant Governor, Secretary of State, State Auditor and Inspector, Attorney General, State Treasurer, Superintendent of Public Instruction, Commissioner of Labor, Commissioner of Insurance and other officers provided by law and this Constitution, each of whom shall keep his office and public records, books and papers at the seat of government, and shall perform such duties as may be designated in this Constitution or prescribed by law.

B. The Secretary of State shall be appointed by the Governor by and with the consent of the Senate for a term of four (4) years to run concurrently with the term of the Governor.

Qualifications

Article VI, Section 22 of the Oklahoma Constitution establishes the qualifications of the office:

There shall be elected by the qualified electors of the State, at the first general election, a chief officer of said department, who shall be styled "The Insurance Commissioner," whose term of office shall be four years: Provided, That the first term of the Insurance Commissioner so elected, shall expire at the time of the expiration of the term of office of the first Governor elected. Said Insurance Commissioner shall be at least twenty-five years of age and well versed in insurance matters.


§36 302 of the Oklahoma state code further specifies that the commissioner shall be "at least twenty-five (25) years of age and a resident of the State of Oklahoma for at least five (5) years, and have had at least five (5) years' experience in the insurance industry in administration, sales, servicing or regulation. The Insurance Commissioner shall not be financially interested, directly or indirectly, in any insurer, agency or insurance transaction except as a policyholder or claimant under a policy."[1]

  • at least 25 years old.
  • at least 5 years experience in the insurance industry
  • a resident of Oklahoma for at least the last 5 years
  • no financial interest in any insurer, agency, or insurance transaction

Elections

The Oklahoma Commissioner of Insurance is elected every years, in mid-term elections. The position is elected in 2006, 2010, 2014, and 2018.

On March 14, 2011, the Oklahoma State Senate approved a bill that would give the governor the power to appoint 7 of the 11 statewide elected officials, including the commissioner of insurance. The Senate would have to confirm all appointments. Voters will decide whether to approve the measure.[2]

Term limits

There are no term limits imposed on the officeholder.

Vacancies

Under Article 6, Section 13 of the state constitution, in the event of a vacancy in the office the governor appoints a person to serve until a successor is either elected or appointed and qualified by law.

Duties

The duties of the insurance commissioner are outlined in §36-307of the Oklahoma Statutes:

  • responsible for the administration and enforcement of the provisions of the Oklahoma Insurance Code and of any requirements placed on an insurance company pursuant to subsection L of section 1111 of Title 47 of the Oklahoma Statutes.
  • has jurisdiction over complaints against all persons engaged in the business of insurance
  • hears all matters either in person, by authorized disinterested employees, or by hearing examiners appointed by the Commissioner for that purpose.
  • files and safely keeps all books and papers required by law to be filed with the Insurance Department, and keeps and preserves in permanent form a full record of proceedings, including a concise statement of the conditions of such insurers and other entities reported and examined by the Department and its examiners.
  • makes a report to the Governor of the State of Oklahoma of the affairs of the Office of the Insurance Commissioner
  • may educate consumers and make recommendations regarding the subject of insurance in this state
  • shall set forth in a statement the various sums received and disbursed by the Department, from and to whom and for what purpose.
  • shall, upon retiring from office, deliver to the qualified successor all furniture, records, papers and property of the office.[3]

Divisions

  • Anti-Fraud Unit
  • Bail Bonds
  • Communications
  • Consumer Assistance
  • Financial
  • Legal
  • Licensing and Education
  • Life and Health
  • Property and Casualty
  • Real Estate Appraiser Board
  • Senior Health Information Counseling Program
  • Senior Medicare Fraud

State budget

The budget for the Insurance Commissioner's Office in Fiscal Year 2012 was $11,697,000.[4]

Compensation

In 2010, the Oklahoma Superintendent of Public Instruction was paid an estimated $126,713 according to the Council of State Governments.[5]

Historical officeholders

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

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

  • Loading...

Contact information

Oklahoma Insurance Department
Five Corporate Plaza
3625 NW 56th, Suite 100
Oklahoma City, OK 73112-4511

Phone: (405) 521-2828
Toll Free: (800) 522-0071
Fax: (405) 521-6635

See also

External links

Light Bulb Icon.svg.png
Suggest a link

References