In the context of title insurance, who has jurisdiction when a settlement agent is primarily regulated by the division of finance?

In the scenario described, the division of finance is the appropriate jurisdiction when a settlement agent is primarily regulated by it. This is because the division of finance oversees financial services and their regulation, which includes the operations of settlement agents. The jurisdiction implies that this entity is responsible for enforcing regulations, ensuring compliance, and overseeing business activities related to settlement services.

The director of the department of insurance generally focuses on the regulation of insurance products and may have an oversight role in broader insurance matters, but when specific regulation of settlement agents falls under the division of finance, that division takes precedence.

Additionally, the title insurance producer is a licensed professional who sells title insurance but does not have regulatory authority, and while the state attorney general may be involved in legal issues or enforcement actions regarding consumer protection or fraud, the regulation of settlement agents directly falls under the purview of the division of finance in this case. Thus, the correct choice accurately reflects the regulatory landscape concerning settlement agents.