Indiana State Life and Health Insurance Practice Exam 2025 - Free Practice Questions and Study Guide

The correct answer is that the Commissioner is appointed by the Governor. This is a common structure in state government where the Governor has the authority to select individuals to lead various departments, including the Department of Insurance. The Commissioner of Insurance plays a critical role in overseeing the insurance industry within the state, ensuring compliance with laws, and protecting consumers.

The other options do not align with the standard governance structure for appointing the Commissioner. The Attorney General, while an important figure in the legal framework of the state, does not have the direct authority to appoint the Commissioner. The State Senate usually has a role in confirmation processes but does not make the initial appointment. The National Association of Insurance Commissioners (NAIC) is an organization focused on standardizing insurance regulations across states but does not appoint commissioners. Thus, the governance arrangement typically places this appointment in the hands of the Governor, reflecting the state's executive authority and oversight of regulatory bodies.