Insurance Licensing: Insurance Commissioner Updates - Supportive Insurance Services

Insurance commissioners are either elected or appointed. There are 11 jurisdictions that elect an insurance commissioner: CA, DE, GA, KS, LA, MS, MT, NC, ND, OK and WY. The remaining 40 jurisdictions have a commissioner who is appointed.

Let’s take a look at the insurance commissioner changes that will take place and which ones were results of the November 2^nd elections. There will be changes in at least 23 states.

3 Insurance commissioners resigned; CT, NE & VA. The governors in these states will be appointing new insurance commissioners.
3 New insurance commissioners were elected. There were four insurance commissioner elections (CA, GA, KS & OK). Kansas was the only state to re-elect its insurance commissioner.
17 Newly elected governors will likely appoint new insurance commissioners in AL, CO, IA, HI, MI, MS, NV, NM, NY, OH, PA, RI, SC, SD, TN, VT & WI.
6 Governor’s races were too close to call in CT, FL, IL, ME, MN & OR.

How will these changes impact insurance licensing? How will these changes impact the work the NAIC has been doing?

The insurance licensing information provided on this blog is not legal advice and the reader is advised to consult an attorney regarding application of this information in any particular situation.

This information is brought to you by Supportive Insurance Services… Licensing Experts Saving You Time and Money!

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John Losurdo - Officer, RHSB

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