https://disb.dc.gov/

DC Department of Insurance, Securities and Banking

About DC Department of Insurance, Securities and Banking

The Government of the District of Columbia Department of Insurance, Securities and Banking (DISB) regulates financial-service businesses in the District by administering DC's insurance, securities and banking laws, rules and regulations.

DISB's primary goal is to ensure residents of the District of Columbia have access to a wide choice of insurance, securities and banking products and services, and that they are treated fairly by the companies and individuals that provide these services.

DISB aims to provide a positive business climate that encourages fair and open competition and to increase the number of financial-service firms conducting business in the District. In addition, DISB will ensure that all relevant consumer protection laws are strictly enforced. It will continue to encourage the growth of the financial-services business sector that brings jobs and tax revenue to the city.

The government agency’s goal is to protect the interests of District of Columbia consumers from unfair and abusive practices, while providing an equitable business arena for the regulated entities operating in Washington, DC.

DISB Mission

The mission of the Department of Insurance, Securities, and Banking is two-fold: (1) protect consumers by providing equitable, thorough, efficient, and prompt regulatory supervision of the financial services companies, firms, and individuals operating in the District of Columbia; and (2) develop and improve market conditions to attract and retain financial services firms in the District of Columbia.

Entities Regulated

DISB oversees the following financial entities: insurance companies, insurance producers (agents), health maintenance organizations (HMOs), captive insurance companies, risk retention groups, investment advisers, investment adviser representatives, broker-dealers, broker-dealer agents, securities issuers, agents of issuers, banks, mortgage lenders and brokers, check cashers, money transmitters, consumer-sales-finance companies, money lenders and consumer-credit-service organizations.

Reviews

DISB Intern

June 2020 - September 2020 Washington, DC
“I liked compiling data about the DC Mortgage Deferment of DC Residents and businesses onto one Excel spreadsheet. ”

Information Research Intern

June 2019 - August 2019 Washington, DC
“I liked learning about a department of DC government that doesn't get that much recognition but plays a vital role. Researching topics on Big Data and how the company wants to use it in the future made me feel like I was really making a difference. ”
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