Michael Humphreys serves as the Insurance Commissioner of Pennsylvania, a position he has held since February 28, 2022, with unanimous confirmation on June 27, 2023. His responsibilities encompass regulating the state’s insurance market, overseeing licensed professionals, monitoring the financial stability of insurance companies operating in Pennsylvania, consumer education, and ensuring fair treatment for residents.
Under the guidance of Governor Shapiro, Commissioner Humphreys has prioritized making mental health and substance use disorder parity a reality in the Commonwealth. The Insurance Department, under his leadership, has enhanced its examination of mental health and substance use disorder coverage in 2024 health plans and initiated market conduct examinations to ensure insurer compliance with parity laws. These steps aim to hold insurers accountable and guarantee fair coverage of benefits.
Before his appointment, Humphreys played a vital role in the roll-out of Pennie, the state-based health insurance exchange established by Act 42. Pennie provides residents with access to affordable, high-quality health insurance plans. Humphreys also co-chaired the Behavioral Health Commission for Adult Mental Health, which advised the legislature on the allocation of $100 million for adult behavioral health needs
Prior to his current role, Humphreys served as Chief of Staff for the Insurance Department starting in September 2019, and before that, as Assistant Commissioner for Insurance at the Tennessee Department of Commerce and Insurance (TDCI). In Tennessee, he oversaw the Insurance Division as it was reaccredited by the National Association of Insurance Commissioners. Humphreys holds a Master’s in Public Administration from Bowling Green State University and a Bachelor of Arts in Political Science from the University at Buffalo.
Pennsylvania’s insurance market is the fifth-largest in the United States, based on premium volume, and the 14th-largest globally. The Insurance Commissioner manages several funds and boards, including:
- Catastrophic Loss Benefits Continuation Fund
- Medical Care Availability and Reduction of Error Fund (MCARE)
- Underground Storage Tank Indemnification Fund (USTIF)
- Workers’ Compensation Security Fund
The Pennsylvania Insurance Commissioner also serves as a member of various boards and committees, including:
- Pennie® Board of Directors, ex-officio, chair
- Pennsylvania Health Care Cost Containment Council
- Children’s Health Insurance Advisory Board
- Underground Storage Tank Indemnification Fund Board
- Coal and Clay Mine Subsidence Insurance Fund
- State Worker’s Insurance Fund
- Pennsylvania Employees Benefits Trust Fund Board of Trustees
- Assigned Risk Plan board member, ex-officio
- PA Fair Plan board member, ex-officio
- Federal Advisory Committee on Insurance (FACI)
