Which of the following is true regarding the role of the Commissioner?

The role of the Commissioner of insurance in Maryland includes a regulatory function that encompasses both insurance agents and insurers. This involves overseeing the licensing of insurance agents, ensuring compliance with insurance laws, and protecting consumer interests by regulating insurance companies. The Commissioner ensures that insurers maintain financial stability and fairness in their operations, thus playing a crucial role in maintaining the integrity of the insurance market.

The other options do not accurately reflect the responsibilities of the Commissioner. For instance, the Commissioner does not issue their own policies, as this role falls to the insurance companies themselves. The Commissioner also does not solely focus on reviewing claims from consumers; rather, their role involves broader regulatory oversight. Lastly, the Commissioner does not serve on a board of insurance companies; rather, they are an independent regulatory enforcement figure who monitors and regulates the insurance industry.