NH Insurance Department's $185 Million Contribution to State Fund

The New Hampshire Insurance Department (NHID) has announced significant financial impacts for the state in the 2025 calendar year. The department successfully contributed $185.62 million to New Hampshire's General Fund while recovering $3.34 million on behalf of consumers. These figures underscore NHID's role in regulatory compliance and consumer protection within the insurance industry.

Insurance Commissioner DJ Bettencourt highlighted the department's effectiveness, pointing to the robust oversight and adherence to high standards of accountability. This aligns with NHID's ongoing commitment to maintaining a compliant and efficient insurance market. Their fiscal year budget stands at approximately $14 million, supported by around 90 employees dedicated to ensuring regulatory compliance and effective market operations.

Overall, NHID's financial contributions and recoveries in 2025 emphasize its pivotal role in underwriting consumer confidence and managing risks associated with the insurance market. The report showcases NHID's contributions to state financial health and its proactive stance on consumer protection.