Which statement about the California Insurance Commissioner is false?

The statement about the California Insurance Commissioner being selected by the Governor as an appointee is incorrect. The Insurance Commissioner in California is actually elected by the people of the state, serving a term of four years. This process of direct election ensures that the Commissioner is accountable to the voters rather than being appointed by political figures, which is a key element of the office's independence.

Being an elected official allows the Commissioner to represent the interests of consumers directly and to advocate for regulatory practices that protect the public and maintain a stable insurance market. The Commissioner's role includes the ability to act as a conservator for financially impaired insurers and to represent California in the National Association of Insurance Commissioners (NAIC), both of which are accurate depictions of the duties associated with the position.