Final answer:
The Superintendent can examine insurers' business records to ensure transparency and regulatory compliance, reflecting broader principles of government oversight, like those exercised by Congress over bureaucracy.
Step-by-step explanation:
The Superintendent can examine the business records of insurers and agencies as a mechanism of oversight and accountability. This power mirrors the principles of Congressional oversight over federal bureaucracies, which stems from the authority to control funding and approve presidential appointments.
The examination of business records ensures transparency and compliance with regulations. Similarly, acts like the Freedom of Information Act (FOIA) and the Sunshine Act provide frameworks for public access to information and the oversight of federal agencies' workings.
These laws mandate open records and give citizens a voice in the rulemaking process, promoting a responsive bureaucracy. Inspectors and superintendents use these principles at the state level to regulate insurers and ensure they are operating within the boundaries of the law.