Indiana Commissioner of Insurance
| Indiana Commissioner of Insurance | |
 | |
| General information | |
| Office Type: | Nonpartisan |
| Office website: | Official Link |
| Compensation: | $129,457 |
| 2025 FY Budget: | $138,267,902 |
| Term limits: | None |
| Structure | |
| Length of term: | Serves at the governor's pleasure |
| Authority: | Indiana Code, Title 27, Article 1, Chapter 1 |
| Selection Method: | Appointed by the governor |
| Current Officeholder | |
Indiana Commissioner of Insurance
Holly Lambert | |
| Other Indiana Executive Offices | |
| Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Comptroller • Examiner • Secretary of Education • Agriculture Director • Insurance Commissioner • Natural Resources Director • Labor Commissioner • Utility Regulatory Commission | |
The Indiana Commissioner of Insurance is an appointed state executive position in the Indiana state government. The commissioner is appointed by the governor, and is responsible for overseeing the Department of Insurance, which regulates insurance companies operating in Indiana. The commissioner works to promote improvements to insurance laws and the enforcement of said laws in Indiana.[1]
Current Officeholder
The current Indiana Commissioner of Insurance is Holly Lambert (nonpartisan). Lambert assumed office in 2024.
Authority
Title 27, Article 1, Chapter 1 of the Indiana Code addresses the office of insurance commissioner:[1]
|
The powers, duties, management and control of the department of insurance are hereby conferred on and vested in the "insurance commissioner." |
Qualifications
The qualifications to be eligible for insurance commissioner is also spelled out in the Indiana Code:[1]
|
...shall be familiar with and known to possess a knowledge of the subject of insurance and be skilled in matters pertaining thereto and shall be chosen solely for fitness, irrespective of political beliefs or affiliations. |
Appointments
The insurance commissioner is appointed by and serves at the pleasure of the governor.[1]
|
The insurance commissioner shall be appointed by the governor...The commissioner shall serve and may be removed at the pleasure of the governor, and shall be the chief executive and administrative officer of the department. |
Vacancies
Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the Indiana 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.
Duties
The commissioner of insurance is responsible for overseeing the Department of Insurance, which regulates insurance companies operating in Indiana. The commissioner works to promote improvements to insurance laws and the enforcement of said laws in Indiana.[1]
Divisions
The Department of Insurance, overseen by the commissioner of insurance, is divided into the following divisions:[2]
- Licensing
- Adjusters
- Consumer Services
- Company/Entity Financial Compliance
State budget
- See also: Indiana state budget and finances
The Department of Insurance's budget was $138,267,902 for Fiscal Year 2025.[3]
Compensation
- See also: Compensation of state executive officers
2022
In 2022, the officer's salary was $129,457, according to the Council of State Governments.[4]
2021
In 2021, the commissioner received a salary of $126,630, according to the Council of State Governments.[5]
2020
In 2020, the insurance commissioner received a salary of $124,147, according to the Council of State Governments.[6]
2019
In 2019, the insurance commissioner received a salary of $115,895, according to the Council of State Governments.[7]
2018
In 2018, the insurance commissioner received a salary of $115,895, according to the Council of State Governments.[8]
2017
In 2017, the insurance commissioner received a salary of $112,519, according to the Council of State Governments.[9]
2016
In 2016, the insurance commissioner received a salary of $110,313, according to the Council of State Governments.[10]
2015
In 2015, the insurance commissioner received a salary of $105,000, according to the Council of State Governments.[11]
2014
In 2014, the commissioner received a salary of $105,000, according to the Council of State Governments.[12]
2013
In 2013, the commissioner received a salary of $94,350, according to the Council of State Governments.[13]
2012
In 2012, the commissioner received a salary of $92,500, according to the Council of State Governments.
Historical officeholders
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Indiana 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 Indiana Insurance Commissioner. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact information
The Indiana Department of Insurance
311 West Washington Street, Suite 300
Indianapolis, IN, 46204
Phone: (317) 232-2385
See also
External links
Footnotes
- ↑ 1.0 1.1 1.2 1.3 1.4 Indiana Code, "IC 27-1-1-2," accessed January 20, 2021
- ↑ Indiana Department of Insurance, "Home," accessed January 20, 2021
- ↑ Indiana State Budget Agency, "2023-2025 The Whole Budget Report," 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 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 20, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed November 14, 2014
- ↑ The Council of State Governments, "Book of the States 2013, Table 4.11," accessed February 2, 2014
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