(1) The Insurance Commissioner is authorized to conduct such investigations of the motor vehicle service contract and theft protection program business of any motor vehicle service contract provider or warrantor and of any person assisting the motor vehicle service contract provider or warrantor in the conduct of such business as the commissioner may deem necessary.
(2) The commissioner shall have and may exercise all of the powers conferred by § 23-61-103, §§ 23-61-108 — 23-61-110, § 23-61-201(a)(1), §§ 23-61-203 — 23-61-206, and § 23-61-301 et seq. in the conduct of such investigations and in the enforcement of this subchapter and any rules promulgated by the commissioner.