What is the primary role of the commissioner in relation to insurance laws?

The primary role of the commissioner in relation to insurance laws is to enforce laws relating to insurance. This responsibility involves overseeing the operations of insurance companies to ensure that they comply with state regulations and statutes. The commissioner has the authority to investigate complaints, conduct audits, and impose penalties for violations of insurance laws. This enforcement role is crucial because it helps protect consumers, maintains the integrity of the insurance market, and ensures that insurers operate fairly and responsibly.

While promoting competition, advising the public, and issuing policies are important aspects of the insurance industry, they are not the main focus of the commissioner's role. The enforcement of laws serves to create a stable and fair environment for both consumers and insurers, which indirectly contributes to competition and helps consumers make informed decisions about insurance products.