When can the insurance commissioner examine the records of an insurance company?

The correct answer indicates that the insurance commissioner can examine the records of an insurance company at any time the commissioner sees fit. This power is granted to ensure that the commissioner can effectively oversee the operations of insurance companies and maintain the integrity of the insurance market. Regular and unscheduled examinations can help prevent fraud, evaluate financial stability, and ensure compliance with regulations.

This flexibility allows the commissioner to respond to emerging issues or concerns without being restricted by specific times or conditions. Such authority is crucial for the protection of policyholders and ensures that companies are operating within the legal framework. Regular audits, while important, do not encompass the broader authority to act when necessary, which is why this option stands out as the most comprehensive and accurate representation of the commissioner's powers.