MINNESOTA LAWS, RULES, AND REGULATIONS 59 QUESTIONS AND ANSWERS

Governor - ️️Powers and Duties of Commissioner Appoints the Commissioner of Commerce enforce insurance laws - ️️Powers and Duties of Commissioner The Commissioner is empowered to_________________. (1 of 8 things) five years - ️️Powers and Duties of Commissioner The Commissioner shall examine the affairs and conditions of every insurer licensed in Minnesota at least once every ________ ________. the company being examined - ️️Powers and Duties of Commissioner When conducting an examination, the Commissioner may retain attorneys, appraisers, independent actuaries, or independent certified public accountants as examiners; the cost is paid by_______________. examination report - ️️Powers and Duties of Commissioner Once the records have been examined, the Commissioner will issue an _____________ _____________. Once issued, this report can be used as evidence in any legal proceeding.