Here at the Insurance Department, it is our responsibility to administer the laws of this commonwealth as they pertain to the regulation of the insurance industry in order to protect you, the insurance consumer. To accomplish our mission, we:
- Monitor the financial solvency of insurance companies
- License insurance companies and producers/agents
- Review and approve insurance policy language and rates
- Coordinate the rehabilitation and liquidation of insolvent insurance companies
The department, first established under the Act of Assembly of April 4, 1873, P.L. 20, and reorganized under the Insurance Department Act of May 17, 1921, P.L. 789, is led by Acting Insurance Commissioner Jessica K. Altman. Within the department are divisions, also known as deputates, and other specialized offices. Each area is responsible for a key function of the department.