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Who oversees the regulation of homeowner insurance companies? Which organization is responsible for regulating homeowner insurance companies?
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Homeowner insurance companies are typically regulated at the state level by a department of insurance or a similar agency. These agencies are responsible for ensuring that insurance companies operate in a fair and solvent manner, protecting consumers from fraudulent or predatory practices. They also oversee the licensing of insurance agents and adjusters, and handle consumer complaints about insurance companies. In some cases, there may also be federal regulations that apply to certain types of insurance products or practices.
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