New Hampshire Insurance Department Highlights ‘Real Value’ Delivered in 2025

The New Hampshire Insurance Department (NHID) has announced impressive financial results for the calendar year 2025, collecting a total of $185.62 million for the state’s General Fund. Additionally, the department successfully recovered $3.34 million for consumers, showcasing its commitment to consumer protection and financial accountability.

Insurance Commissioner DJ Bettencourt emphasized the significance of these figures, stating that they reflect the department’s dedication to providing “real value for taxpayers while holding the insurance market to the highest standards of accountability and compliance.” This statement underscores the NHID’s role in maintaining a fair and transparent insurance landscape in New Hampshire.

Here are some key highlights from the NHID’s 2025 report:

• The total of $185.62 million for the General Fund was comprised of $159.02 million from premium taxes and $26.60 million from various fees and fines.
• The Consumer Services Unit managed a total of 6,536 cases, excluding external health reviews, and responded to 4,216 calls related to life, health, and property and casualty insurance.
• The Enforcement Unit conducted investigations into 351 cases, initiated 28 administrative actions, and imposed fines exceeding $630,000.
• The Licensing Unit maintained a record of 246,224 active licensees statewide, which includes 237,510 individual licensees and 8,714 business entity licensees. This count features 128,819 producers and 118,044 adjusters. Notably, the state welcomed 742 new resident producers, 45 new resident adjusters, and 37 new resident business entities.
• In a positive development for the market, more than 30 new insurance companies entered New Hampshire during 2025, enhancing competition and choice for consumers.

The NHID’s budget for the fiscal year 2025 was approximately $14 million, and the department operates with a dedicated team of around 90 employees. This efficient structure allows the NHID to effectively oversee the insurance market while ensuring consumer interests are prioritized.

The New Hampshire Insurance Department (NHID) has announced impressive financial results for the calendar year 2025, collecting a total of $185.62 million for the state’s General Fund. Additionally, the department successfully recovered $3.34 million for consumers, showcasing its commitment to consumer protection and financial accountability.

Insurance Commissioner DJ Bettencourt emphasized the significance of these figures, stating that they reflect the department’s dedication to providing “real value for taxpayers while holding the insurance market to the highest standards of accountability and compliance.” This statement underscores the NHID’s role in maintaining a fair and transparent insurance landscape in New Hampshire.

Here are some key highlights from the NHID’s 2025 report:

• The total of $185.62 million for the General Fund was comprised of $159.02 million from premium taxes and $26.60 million from various fees and fines.
• The Consumer Services Unit managed a total of 6,536 cases, excluding external health reviews, and responded to 4,216 calls related to life, health, and property and casualty insurance.
• The Enforcement Unit conducted investigations into 351 cases, initiated 28 administrative actions, and imposed fines exceeding $630,000.
• The Licensing Unit maintained a record of 246,224 active licensees statewide, which includes 237,510 individual licensees and 8,714 business entity licensees. This count features 128,819 producers and 118,044 adjusters. Notably, the state welcomed 742 new resident producers, 45 new resident adjusters, and 37 new resident business entities.
• In a positive development for the market, more than 30 new insurance companies entered New Hampshire during 2025, enhancing competition and choice for consumers.

The NHID’s budget for the fiscal year 2025 was approximately $14 million, and the department operates with a dedicated team of around 90 employees. This efficient structure allows the NHID to effectively oversee the insurance market while ensuring consumer interests are prioritized.