Difference between revisions of "Tennessee Commissioner of Insurance"

From Ballotpedia
Jump to: navigation, search
m (Text replace - " non-partisan " to " nonpartisan ")
(update compensation)
Line 17: Line 17:
 
|Officeholder image =  Julie McPeak.jpg
 
|Officeholder image =  Julie McPeak.jpg
 
|Assumed office =January 2011
 
|Assumed office =January 2011
|Compensation = 152,400
+
|Compensation = 156,216
 
|Next election =
 
|Next election =
 
|Last election=
 
|Last election=
Line 69: Line 69:
 
==Compensation==
 
==Compensation==
 
::''See also: [[Compensation of state executive officers]]''
 
::''See also: [[Compensation of state executive officers]]''
 
+
===2013===
 +
In 2013, the Tennessee Commissioner of Insurance was paid an estimated [[Compensation of state executive officers|$156,216]]. This figure comes from the [[Council of State Governments]].<ref>[http://knowledgecenter.csg.org/kc/system/files/4.11_2013.pdf ''Council of State Governments,'' "SELECTED STATE ADMINISTRATIVE OFFICIALS: ANNUAL SALARIES," January 28, 2014]</ref>
 +
===2012===
 
In 2012, the Tennessee Commissioner of Insurance was paid an estimated [[Compensation of state executive officers|$152,400]] according to the [[Council of State Governments]].
 
In 2012, the Tennessee Commissioner of Insurance was paid an estimated [[Compensation of state executive officers|$152,400]] according to the [[Council of State Governments]].
  

Revision as of 18:45, 30 January 2014

Tennessee Commissioner of Insurance
General information
Office Type:  Nonpartisan
Office website:  Official Link
2011-2012 FY Budget:  $9,951,200
Term limits:  None
Structure
Authority:  Tennessee Code, Title 56, Chapter 1, Part 2
Selection Method:  Appointed by Governor
Current Officeholder

Julie McPeak.jpg
Name:  Julie McPeak
Assumed office:  January 2011
Compensation:  $156,216
Other Tennessee Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralComptrollerTreasurerSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission
The Tennessee Commissioner of Insurance is a nonpartisan state executive position in the Tennessee state government.

The commissioner is head of the Department of Commerce and Insurance. The insurance division is in charge of enforcing the state's insurance laws and supervising insurance companies and other licensed entities in the state.[1]

Current officeholder

The current officeholder is Julie McPeak.

Authority

The Department of Commerce and Insurance, with the commissioner as its chief officer, is established in Title 56, Chapter 1, Part 2 of the Tennessee code.

56-1-201: Creation of department of commerce and insurance

There is created a department of commerce and insurance, whose chief officer is the commissioner.

Qualifications

Title 56, Chapter 1, Part 2 of the Tennessee code requires that "the commissioner shall not be financially interested, directly or indirectly, in any insurance corporation subject to the supervision of the department."[2]

Elections

Tennessee state government organizational chart

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the method of selection and term limits (if any exist) for a state executive office. That information for the Tennessee Commissioner of Insurance has not yet been added. After extensive research we were unable to identify satisfactory 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.

Vacancies

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the Tennessee 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.

Duties

The commissioner is granted, under Tennessee insurance law, certain powers:

  • power to inquire into any violation of the state's insurance laws
  • powers to examine any person under oath, and to compel production of books, records, or papers relative to the inquiry
  • authority to regulate health insurers

Divisions

  • The Division of Consumer Affairs is charged with the enforcement of the Tennessee Consumer Protection Act and mediates or otherwise resolves more than 6,000 consumer complaints per year.[3]
  • The Division of Insurance regulates the 1,600 insurance companies and 90,000 agents that contribute more than $14 billion to the state's economy.[3]
  • The Securities Division regulates brokers-dealers, agents, investment advisers, and investigates fraud.[3]
  • The TennCare Oversight Division monitors the financial condition and timely payment practices of the health maintenance organizations and behavioral health organizations that contract to provide services to 1.4 million TennCare enrollees.[3]
  • The Division of Fire Prevention includes the state's building and safety codes enforcement operations, arson and explosives investigations, and offers training for volunteer and career firefighters and codes officials through the state's Fire Service and Codes Enforcement Academy.[3]
  • The Division of Regulatory Boards houses 22 boards and commissions that enforce professional standards of conduct and statutory mandates for industries ranging from architects and engineering to contracting, cosmetology, and accounting.[3]

State budget

The budget for the Division of Insurance in Fiscal Year 2011-2012 was $9,951,200.[4]

Compensation

See also: Compensation of state executive officers

2013

In 2013, the Tennessee Commissioner of Insurance was paid an estimated $156,216. This figure comes from the Council of State Governments.[5]

2012

In 2012, the Tennessee Commissioner of Insurance was paid an estimated $152,400 according to the Council of State Governments.

Historical officeholders

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

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

Tennessee Commissioner of Insurance News Feed

  • Loading...

Contact information

Tennessee

Tennessee Department of Commerce and Insurance
500 James Robertson Parkway
Davy Crockett Tower
Nashville, TN 37243-0565

Phone: (615) 741-2241
E-mail: Ask.TDCI@tn.gov

See also

External links

Light Bulb Icon.svg.png
Suggest a link

References