| Blog

What is the Department of Insurance?

Written by: PeopleKeep Team
August 27, 2010 at 1:40 AM

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.


Topics: Health Insurance

Additional Resources

Trying to decide which HRA is best for you? Take our quiz to find out.
Get our guide on how to offer health benefits with a small budget.