Michigan Commissioner of Insurance
| Michigan Commissioner of Insurance | |
 | |
| General information | |
| Office Type: | Nonpartisan |
| Office website: | Official Link |
| Compensation: | $178,637 |
| 2024 FY Budget: | $74,147,900 |
| Term limits: | None |
| Structure | |
| Length of term: | 4 years |
| Authority: | Michigan Compiled Laws 500.200 |
| Selection Method: | Appointed by the governor |
| Current Officeholder | |
| Anita Fox | |
| Other Michigan Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Superintendent of Public Instruction • Director of Agriculture and Rural Development • Insurance Commissioner • Natural Resources Director • Labor Director • Public Service Commission | |
The Michigan Commissioner of Insurance is a state executive position in the Michigan state government.
The commissioner serves as head of the Office of Financial and Insurance Regulation, which is responsible for regulating the state's financial industries, which includes consumer finance, financial institutions, insurance, and securities.[1]
Current officeholder
The current officeholder is Anita Fox. She was appointed to the position by Gov. Gretchen Whitmer (D).[2]
Authority
The Department of Insurance is established in the Michigan Compiled Laws.[3]
Michigan Compiled Laws 500.200:
| There is hereby established a separate and distinct state department which shall be especially charged with the execution of the laws in relation to insurance and surety business and to perform such other duties as may be required by law... |
Qualifications
Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the requirements necessary to qualify for a state executive office. That information for the Michigan Commissioner of Insurance has not yet been added. After extensive research, we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Appointments
The commissioner of insurance is appointed by the governor for a term of four years with the consent of the state Senate.[4]
Vacancies
In the event of a vacancy, the position is filled by the governor with the advice and consent of the Senate, if in session.[4]
Duties
Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that outlines the key responsibilities of a state executive office; information for the Michigan Commissioner of Insurance has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Divisions
Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the Michigan Commissioner of Insurance has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.
State budget
- See also: Michigan state budget and finances
The Department of Insurance and Financial Services' budget for the 2024 fiscal year was $74,147,900.[5]
Compensation
- See also: Compensation of state executive officers
2022
In 2022, the officer's salary was $178,637, according to the Council of State Governments.[6]
2021
In 2021, the commissioner received a salary of $173,400, according to the Council of State Governments.[7]
2020
In 2020, the insurance commissioner received a salary of $170,000, according to the Council of State Governments.[8]
2019
In 2019, the insurance commissioner received a salary of $165,000, according to the Council of State Governments.[9]
2018
In 2018, the insurance commissioner received a salary of $165,000, according to the Council of State Governments.[10]
2017
In 2017, the insurance commissioner received a salary of $150,000, according to the Council of State Governments.[11]
2016
In 2016, the insurance commissioner received a salary of $145,000, according to the Council of State Governments.[12]
2015
In 2015, the insurance commissioner received a salary of $145,000, according to the Council of State Governments.[13]
2014
In 2014, the commissioner received a salary of $145,000, according to the Council of State Governments.[14]
2013
In 2013, the commissioner received a salary of $125,000, according to the Council of State Governments.[15]
Historical officeholders
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Michigan Commissioner of Insurance has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Recent news
The link below is to the most recent stories in a Google news search for the terms Michigan Commissioner of Insurance. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact information
Financial and Insurance Regulation
P.O. Box 30220
Lansing, MI 48909-7720
Phone: (517) 284-8800 or (877) 999-6442
Email: difs-info@michigan.gov
Fax: (517) 284-8837
See also
| Michigan | State Executive Elections | News and Analysis |
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External links
Footnotes
- ↑ Michigan Department of Insurance and Financial Services, "About DIFS," accessed January 22, 2021
- ↑ Michigan Department of Insurance and Financial Services, "DIFS Biographies and Public Officials," accessed January 22, 2021
- ↑ Michigan Legislature, "MCL Chapter Index," accessed January 22, 2021
- ↑ 4.0 4.1 Michigan Compiled Laws, "500.202 Insurance Commissioner," accessed January 22, 2021
- ↑ Michigan.gov, "FY 2024 Budget," accessed December 6, 2023
- ↑ Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
- ↑ Issuu, "The Book of the States 2021," accessed September 22, 2022
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 22, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 22, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 22, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 22, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed January 22, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed January 22, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed January 22, 2021
- ↑ Council of State Governments, "Table 4.11 Selected State Administrative Officials: Annual Salaries," accessed January 22, 2021
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