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Insurance Bureau
The Insurance Bureau:
- conducts on-site financial examinations on all domiciled insurance companies and monitors the financial solvency of insurance companies doing business in the District of Columbia;
- issues licenses to insurance companies, insurance producers and health maintenance organizations, and mediates disputes between consumers and insurance industry;
- handles issues relating to the review and approval of rates and policy forms of insurance products marketed in the District of Columbia;
- performs on-site examinations on the underwriting, policyholder service, claims, marketing, producer licensing and compliant handling processes of licensed companies to determine compliance with District of Columbia laws and industry practices; and
- monitors the activities of health maintenance organizations to determine compliance with pertinent District of Columbia and federal laws.
The Insurance Bureau consists of one office and four divisions:
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