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Diamond reports from GIA (as well as other, for-profit sources) are now demanded by most consumers purchasing diamonds over a certain size, typically for over 0.5 carat (100 mg), and almost always for over 1.0 carat (200 mg), and are considered an important tool in guaranteeing that a diamond is accurately represented to a potential buyer.
Its budget is primarily derived from funds generated by license fees, assessments, and Proposition 103 recoupment fees. The CDI licenses over 1,500 insurance companies and more than 320,000 insurance agents and insurance brokers in the state of California, United States. The current California Insurance Commissioner is Ricardo Lara.
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
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In July 2015 the firm was ranked third in the Best's Review world's largest brokers list. [5] In June 2016, it was announced that Gallagher had joined the Fortune 500 for the first time. [6] Gallagher ranks 416 on the list as of 2 June 2021. [7] In September 2020, Gallagher announced that it was a victim of a ransomware attack. [8]
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Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in the state, according to the most recent data from the California Department of Insurance.
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