disb

Department of Insurance, Securities and Banking
 

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About DISB

The Government of the District of Columbia Department of Insurance, Securities and Banking (DISB) regulates financial-service businesses in the District by administering DC's insurance, securities and banking laws, rules and regulations.

DISB's primary goal is to ensure residents of the District of Columbia have access to a wide choice of insurance, securities and banking products and services, and that they are treated fairly by the companies and individuals that provide these services.

DISB aims to provide a positive business climate that encourages fair and open competition and to increase the number of financial-service firms conducting business in the District.  In addition, DISB will ensure that all relevant consumer protection laws are strictly enforced.  It will continue to encourage the growth of the financial-services business sector that brings jobs and tax revenue to the city.

The government agency’s goal is to protect the interests of District of Columbia consumers from unfair and abusive practices, while providing an equitable business arena for the regulated entities operating in Washington, DC.

View more about DISB’s work in the DISB brochure.

DISB Mission

The mission of the Department of Insurance, Securities and Banking is three-fold: (1) cultivate a regulatory environment that protects consumers and attracts and retains financial services firms to the District; (2) empower and educate residents; and (3) support the development and expansion of business.

Entities Regulated

DISB oversees the following financial entities: insurance companies, insurance producers (agents), health maintenance organizations (HMOs), service contract providers, captive insurance companies, risk retention groups, investment advisers, investment adviser representatives, broker-dealers, broker-dealer agents, securities issuers, agents of issuers, banks, mortgage lenders and brokers, check cashers, money transmitters, consumer-sales-finance companies, money lenders and consumer-credit-service organizations and appraisal management companies.