Which entity has the power to revoke an intermediary's license?

• A. Insurance Commissioner
• B. Department of Health
• C. Department of Commerce
• D. Attorney General

Answer: (A)

The regulator in charge of insurance licenses is the one who can revoke an intermediary’s license. In most states, the Insurance Commissioner (the head of the state’s Department of Insurance) has the authority to license, suspend, or revoke an insurance intermediary’s license as part of enforcing insurance laws and protecting consumers. This power is exercised when an intermediary engages in misconduct, fraud, misrepresentation, or fails to meet licensing requirements, with due process typically involved in the process.

Departments like Health regulate health practitioners, not general insurance producers. The Department of Commerce may handle broader business licensing in some places but does not oversee revocation of insurance intermediary licenses. The Attorney General enforces laws but does not typically issue or revoke licenses; that authority lies with the state insurance regulator.