<img src="//bat.bing.com/action/0?ti=5067266&amp;Ver=2" height="0" width="0" style="display:none; visibility: hidden;">
GET STARTED

Small Business Employee Benefits and HR Blog

What is the Department of Insurance?

August 27, 2010
XL_office_desk_work_hero

The department of insurance (DOI) is the state government department or division responsible for the regulation of insurance regulations.

Its duties may include the following:

  1. enforcing statutes

  2. mandating consumer protections

  3. educating consumers, and 

  4. fostering the stability of insurance markets. 

Generally, the state department of insurance has authority over how the insurance industry conducts business within a state, and licenses and regulates the rates and practices of insurance companies, agents and brokers in the state.

d8c27147-b7da-475b-8aeb-dda08b0cf7e3

Want to offer a QSEHRA without the hassle?
Let PeopleKeep automate your benefits for you.
SEE HOW IT WORKS
meeting_wide-1 CTA_purp_R