California Insurance Code & EthicsQuestion 50 of 158
Which of the following best describes the California Insurance Commissioner?
a.Appointed by the Legislature for an indefinite term
b.Appointed by the Department of Managed Health Care
c.Appointed by the Governor for a six-year term
d.Elected statewide for a four-year term, limited to two terms
Explanation
Under Insurance Code §12900 and following, the California Insurance Commissioner is elected by statewide vote for a four-year term and is limited to two terms. The Commissioner heads the California Department of Insurance and exercises broad regulatory and enforcement authority over insurers and producers.
Law Reference: Cal. Ins. Code §12900, §12921Practice all 158 questions free — no signup required.
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