In Illinois, which entity is primarily responsible for regulating the insurance industry?

The Department of Insurance is the primary entity responsible for regulating the insurance industry in Illinois. This agency's role includes overseeing insurance companies, ensuring compliance with state laws, protecting policyholders, and promoting fair competition within the market. It has the authority to enforce regulations that govern the insurance industry, issue licenses, and handle consumer complaints regarding insurance products and services.

Other entities mentioned have different responsibilities: the Governor's Office focuses on broader executive functions and administration, the General Assembly creates laws but does not directly regulate industries, and the Attorney General's Office primarily handles legal issues, including enforcement of consumer protection laws but does not focus exclusively on insurance regulation. This specific concentration on the insurance sector makes the Department of Insurance the appropriate regulatory body in this context.