In Connecticut, what is the role of the Insurance Commissioner?

In Connecticut, the role of the Insurance Commissioner is primarily to oversee the insurance regulatory framework and ensure consumer protection. This involves regulating insurance companies, enforcing state laws related to insurance operations, and ensuring that companies comply with applicable regulations. The Insurance Commissioner also assesses the financial viability of insurance firms to maintain market stability, thereby protecting consumers from insolvency issues that could jeopardize their policies.

While the Insurance Commissioner may engage in public education and outreach to inform consumers about insurance matters, that is not their primary role. Instead, their main focus is on regulation and oversight, which fundamentally serves to protect consumers' interests within the insurance market. They do not directly approve individual insurance claims or market state-sponsored insurance products, which are functions that fall outside their primary responsibilities.