What is the primary responsibility of the Commissioner when examining insurers?

The primary responsibility of the Commissioner when examining insurers revolves around conducting financial evaluations. This function is crucial because it ensures that insurance companies are operating in a financially sound manner. The Commissioner assesses the financial health of insurers to confirm that they have the necessary reserves and surplus to meet their future obligations to policyholders.

This oversight helps protect the public interest and maintains stability within the insurance market. By performing regular examinations, the Commissioner can identify any potential solvency issues before they escalate, ensuring that consumers' claims will be paid when they arise.

The other options do not align with the core responsibilities of the Commissioner. Approving new insurance policies relates to regulatory oversight but is not the primary function during examinations. Setting production quotas is not a responsibility tied to the examination process and does not pertain to financial evaluations. Lastly, overseeing policyholder claims is part of consumer protection efforts but is separate from the financial examination of insurers.