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Who heads the Massachusetts Division of Insurance (DOI), the agency within the Office of Consumer Affairs and Business Regulation that supervises insurers operating in the Commonwealth?

Q: Who heads the Massachusetts Division of Insurance (DOI), the agency within the Office of Consumer Affairs and Business Regulation that supervises insurers operating in the Commonwealth?

The Commissioner of Insurance, appointed by the Governor — Under M.G.L. c. 26 §6, the Division of Insurance is led by the Commissioner of Insurance, a gubernatorial appointee. DOI sits within the Office of Consumer Affairs and Business Regulation and exercises solvency, market conduct, rate, and licensing oversight over insurers and producers in the Commonwealth.

The Commissioner of Insurance, appointed by the Governor

BAn elected three-member Insurance Board chosen by statewide voters every four years

CThe Attorney General of Massachusetts, ex officio

DThe Treasurer and Receiver General of the Commonwealth

Why this is the answer

Under M.G.L. c. 26 §6, the Division of Insurance is led by the Commissioner of Insurance, a gubernatorial appointee. DOI sits within the Office of Consumer Affairs and Business Regulation and exercises solvency, market conduct, rate, and licensing oversight over insurers and producers in the Commonwealth.

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