Mississippi Commissioner of Insurance
| Mississippi Commissioner of Insurance | |
 | |
| General information | |
| Office Type: | Partisan |
| Office website: | Official Link |
| Compensation: | $90,000 |
| 2025 FY Budget: | $22,068,556 |
| Term limits: | None |
| Structure | |
| Length of term: | 4 years |
| Authority: | 1902 Act of Mississippi Legislature |
| Selection Method: | Elected |
| Current Officeholder(s) | |
Mississippi Commissioner of Insurance Mike Chaney | |
| Elections | |
| Next election: | November 2, 2027 |
| Last election: | November 7, 2023 |
| Other Mississippi Executive Offices | |
| Governor •Lieutenant Governor •Secretary of State •Attorney General •Treasurer •Auditor •Superintendent of Education •Agriculture Commissioner •Insurance Commissioner •Executive Director of Environmental Quality • Executive Director of Employment Security •Public Service Commission •Transportation Commission | |
TheMississippi Commissioner of Insurance is an elected state executive position in the Mississippi state government.
The commissioner executes all laws related to insurance companies, corporations, associations and fraternal orders, their agents, and adjusters. The commissioner also serves as State Fire Marshal and administers the Mississippi Fire Prevention Code.[1]
Current officeholder
The current Mississippi Commissioner of Insurance isMike Chaney (R). Chaney assumed office in 2008.
Authority
The Mississippi Insurance Department was created by an Act of the Mississippi legislature in 1902, which also provided for the election of the first insurance commissioner in 1903.[2]
Qualifications
To qualify to run for insurance commissioner, candidates must be:[3]
- at least 25 years of age
- a qualified elector
- citizen of Mississippi for five years
Elections
Mississippi elects insurance commissioners to four-year terms during gubernatorial election years. For Mississippi, 2007, 2011, 2015, and 2019 were all insurance commissioner election years.
2027
There are noofficial candidates yet for this election.
General election
The general election will occur on November 2, 2027.
Past elections
= candidate completed the
Vacancies
Note:Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the Mississippi Commissioner of Insurance has not yet been added. After extensive research, we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, pleaseemail us.
Duties
The duties of the commissioner are outlined on the Insurance Department website:
"The Commissioner is charged with execution of all laws relative to insurance companies, corporations, associations and fraternal orders, their agents and adjusters. The Commissioner licenses and regulates the practices of all insurance companies, agents, burial associations, fraternal societies, bail bondsmen, and other entities engaged in the business of insurance. The Commissioner, as State Fire Marshal, acting through the State Chief Deputy Fire Marshal, investigates all fires called to his attention occurring in the state, licenses manufacturers, installers/transporters and dealers of mobile homes and regulates their practices. The Commissioner, through the State Fire Marshal Division, administers the Mississippi Fire Prevention Code. The Commissioner, through the Fire Service Development Division, establishes guidelines, use and accountability for municipal and county fire protection funds. The Commissioner administers the Liquefied Compressed Gas Equipment Law (Miss. Code Ann. § 75-57-1 et seq.) and enforces the National Fire Protection Association Code, Books 54 and 58."[1]
Divisions
The Department of Insurance is under the control of the commissioner of insurance. As of February 2021, the department was divided into fourteen divisions, all of which report directly to the deputy commissioner:[6]
- Office of the Commissioner
- Office of the Deputy Commissioner
- Administrative Services Division
- Consumer Services Division
- Financial and Market Regulation Division
- Information Technology Division
- Investigations and Consumer Protection Division
- Legal Division
- Licensing Division
- Life and Health Actuarial Division
- Mississippi State Fire Academy
- Property and Casualty Rating Division
- Public Relations Division
- State Fire Marshal's Office
State budget
The Department of Insurance's budget for fiscal year 2025 was $22,068,556.[7]
Compensation
2023
In 2023, the officer's salary was $90,000, according to theCouncil of State Governments.[8]
2022
In 2022, the officer's salary was $90,000, according to theCouncil of State Governments.[9]
2021
In 2021, the commissioner received a salary of $90,000, according to theCouncil of State Governments.[10]
2020
In 2020, the insurance commissioner received a salary of $90,000, according to theCouncil of State Governments.[11]
2019
In 2019, the insurance commissioner received a salary of $90,000, according to theCouncil of State Governments.[12]
2018
In 2018, the insurance commissioner received a salary of $90,000, according to theCouncil of State Governments.[13]
2017
In 2017, the insurance commissioner received a salary of $90,000, according to theCouncil of State Governments.[14]
2016
In 2016, the insurance commissioner received a salary of $90,000, according to theCouncil of State Governments.[15]
2015
In 2015, the insurance commissioner received a salary of $90,000, according to theCouncil of State Governments.[16]
2014
In 2014, the commissioner was paid an estimated$90,000, according to theCouncil of State Governments.[17]
2013
In 2013, the commissioner was paid an estimated$90,000, according to theCouncil of State Governments.[18]
2012
In 2012, the commissioner was paid an estimated$85,500, according to theCouncil of State Governments.[19]
Historical officeholders
Since 1903, Mississippi has had 11 officeholders.
Click"show" for historical officeholders.
| Number | Name | Took office | Left office | Party |
|---|---|---|---|---|
| 1 | W.Q. Cole | 1903 | 1908 | |
| 2 | T.M. Henry | 1908 | 1928 | |
| 3 | Ben S. Lowry | 1928 | 1932 | |
| 4 | George Riley | 1932 | 1935 | |
| 5 | J.H. Johnson | 1935 | 1936 | |
| 6 | John Sharp Williams, III | 1936 | 1944 | |
| 7 | Jesse L. White | 1944 | 1952 | |
| 8 | Walter Dell Davis | 1952 | 1972 | |
| 9 | Evelyn Gandy | 1972 | 1976 | |
| 10 | George Dale | 1976 | 2008 | Democrat |
| 11 | Mike Chaney | 2008 | Present | Republican |
Recent news
The link below is to the most recent stories in a Google news search for the termsMississippi Commissioner of Insurance. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact information
Mailing Address: Mississippi Insurance Department
P.O. Box 79 Jackson, MS 39205-0079
Street Address: Mississippi Insurance Department
1001 Woolfolk State Office Building
501 North West St.
Jackson, MS 39201
Phone: 601-359-3569
Email: commissioner@mid.ms.gov
See also
External links
Footnotes
- ↑1.01.1Mississippi Insurance Department, "About Us," accessed February 1, 2021
- ↑Insurance Department of Mississippi, "Mississippi Insurance Department History," accessed February 1, 2021
- ↑‘’Mississippi Secretary of State, “Qualifications and fees for Mississippi candidates,” accessed February 1, 2021
- ↑4.04.1Associated Press, "Mississippi - Summary Vote Results," August 04, 2015
- ↑5.05.15.2Gulflive.com, "Reform Party insurance commissioner candidate removed from ballot; GOP Chaney unopposed for 3rd term," September 9, 2015
- ↑‘’Mississippi Insurance Department, “Mississippi Insurance Department Divisions,” accessed February 1, 2021
- ↑State of Mississippi, "Budget Bulletin Fiscal Year 2025," accessed January 21, 2025
- ↑Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 21, 2025
- ↑Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
- ↑Issuu, "The Book of the States 2021," accessed September 22, 2022
- ↑Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed February 1, 2021
- ↑Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed February 1, 2021
- ↑Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed February 1, 2021
- ↑Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed February 1, 2021
- ↑Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed February 1, 2021
- ↑Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed February 1, 2021
- ↑Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed February 1, 2021
- ↑Council of State Governments, "Table 4.11 Selected State Administrative Officials: Annual Salaries," accessed February 1, 2021
- ↑Council of State Governments, "Table 4.11 Selected State Administrative Officials: Annual Salaries," accessed February 1, 2021
