In Texas, who oversees all insurance transactions and regulations?

In Texas, the Department of Insurance is the agency responsible for overseeing all insurance transactions and regulations. This department manages the enforcement of insurance laws and regulations, ensuring that companies and agents comply with state statutes. It plays a crucial role in protecting consumers by monitoring the insurance industry, licensing insurers and agents, approving policy forms, and investigating consumer complaints. The Department of Insurance is essential in maintaining the integrity of the insurance market within the state, making it the correct choice for this question.

The other options do not hold the same regulatory power specific to insurance. The Governor may have some influence over state agencies and regulations but does not directly oversee insurance matters. The State Legislature creates laws, but the execution and oversight of those laws in the context of insurance are delegated to the Department of Insurance. The Insurance Advisory Board may provide guidance or recommendations, but it does not have the regulatory authority that the Department of Insurance possesses. Therefore, the Department of Insurance is the primary body accountable for regulation and oversight in the insurance sector in Texas.