Which of the following is not a duty performed by the insurance Director?

The role of the insurance Director, or Commissioner of Insurance, is primarily focused on regulatory oversight and enforcement within the insurance industry. This includes conducting examinations of insurers to ensure compliance with state laws, enforcing the provisions of the insurance code, and, in some cases, taking legal action against entities that violate regulations.

Developing rates for insurers, however, does not fall under the standard duties of an insurance Director. Rate-setting is generally the responsibility of individual insurance companies, which must file their proposed rates with the state. The Director may review these rates to ensure they are not discriminatory or excessively high, but the actual development of rates is a function of the insurers themselves, influenced by market conditions, competition, and actuarial calculations. This distinction is crucial as it highlights the separation between regulatory oversight and market operations.