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Commissioner, Indiana Insurance
State
CORE PURPOSE:
Promote the General Welfare
Quick Facts
Holder(s):
Holly Williams Lambert
Term:
At will
Method:
Appointed
Level:
State
Oath Administered By:
Governor or Chief Justice
Role Overview
Oversees regulation of insurance companies, protects consumers, approves rates and policies, licenses agents, and enforces insurance laws in Indiana.
Constitutional Mandate:
Promotes economic stability (Ind. Const. Art. 1, Sec. 1).
Key Competencies:
Regulatory knowledge, fairness, and consumer advocacy.
Potential Weaknesses:
Failure to adequately regulate the insurance market, which could lead to consumer harm or market instability.
I solemnly swear (or affirm) that I will support the Constitution of the United States and the Constitution of the State of Indiana, and that I will faithfully and impartially discharge the duties of the office of Insurance Commissioner to the best of my ability. So help me God.
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