Who is appointed by the governor for a term that lasts four years?

The position appointed by the governor for a term that lasts four years is the Commissioner. This role is critical as the Commissioner oversees the insurance regulation process in the state, ensuring that insurance companies comply with the laws and regulations in place to protect consumers. The Commissioner has the authority to implement policies, oversee financial stability of insurance entities, and address consumer complaints.

In contrast, an Insurance Producer is typically a licensed individual or agency that sells insurance products, while an Insurance Auditor primarily focuses on reviewing and evaluating the financial practices of insurance companies. An Underwriter assesses risks and determines coverage amounts, but these roles do not involve appointment by the governor or having designated terms.