Insurance Regulator
/ɪnˈʃʊərəns ˈrɛɡjʊleɪtə/
Definitions
- (n.) A governmental or quasi-governmental authority responsible for supervising and regulating insurance companies and markets to ensure compliance with laws and protect policyholders.
The insurance regulator imposed new capital requirements on insurers operating in the state.
Forms
- insurance regulator
- insurance regulators
Related terms
See also
Commentary
The term specifically refers to entities empowered to enforce insurance laws and standards; in drafting, distinguish clearly between the regulator (the authority) and the regulated (insurance companies).
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.