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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.
The Consumer Services Office is the main point of contact for Californians filing a complaint with the department or requesting additional information about licensees. Offering a live-person call center, the team logs thousands of calls a year and works with licensees to help consumers settle disputes and resolve issues.
The California FAIR Plan is an insurance program backed by the state of California that is used by property owners who cannot find private market insurance coverage. [ 1 ] [ 2 ] [ 3 ] The plans are typically more expensive and provide less coverage than commercial plans.
The California insurance commissioner has been an elected executive office position in California since 1991. Prior to that time, the insurance commissioner was appointed by the governor. The officeholder is in charge of the California Department of Insurance. The current insurance commissioner is Democrat Ricardo Lara.
Bankrate teaches you the ins and outs of California’s car insurance laws. ... their insurance company may pay each person in the not-at-fault vehicle up to $15,000 for expenses related to bodily ...
To obtain a California SR-22, drivers must contact an insurance provider licensed in the state who can file this certificate with the DMV, proving the driver meets the minimum insurance ...
The Washington State Department of Agriculture (WSDA) is a cabinet-level agency in the government of Washington which regulates, advocates, and provides services for the state's agricultural industry. The agency was established in 1913 and is headquartered in Olympia, Washington. The current director of the WSDA is Derek Sandison. [2]
California will let insurance companies consider climate change when setting their prices, the state's chief regulator announced Thursday, a move aimed at preventing insurers from fleeing the ...