Current with changes from the 2024 Legislative Session
Section 2-102 - Organization of Administration(a)(1) The Commissioner shall establish divisions or sections in the Administration, along the following lines of responsibility: (i) life insurance and health insurance;(ii) property insurance and casualty insurance;(iii) audit and examination;(iv) insurance professions;(v) consumer affairs; and(2) The Commissioner may: (i) establish other areas of responsibility in the Administration; and(ii) reorganize or abolish areas of responsibility as necessary to fulfill effectively the duties of the Commissioner.(b) The Commissioner shall report to the General Assembly about:(1) the initial organizational structure of the Administration; and(2) any substantial changes in organizational structure.(c) The organization of each division shall be according to functional area and shall be designed for efficiency, service to the public, and effective regulation.