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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 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.
The California Insurance Code are the codified California laws regarding insurance.The code not only covers requirements for home, auto, medical and business insurance policies, but also covers the licensing of bail bond agents, workers' compensation, motor club services, and other related business types.
In September 2023, California Insurance Commissioner Ricardo Lara announced the Sustainable Insurance Strategy — the largest overhaul of the state’s insurance regulations since Prop 103 passed ...
Compensation Insurance Fund, State (SCIF) Conservation Corps, California (CCC) Conservation, Department of (DOC) Consumer Affairs, Department of (DCA) Contractors State License Board (CSLB) Controller's Office, California State (SCO) Cool California (CoolCal) Corrections & Rehabilitation, Department of (CDCR)
The State of Illinois requires four exams to become a nail stylist. [5] On the other hand, there are states which do not license potentially dangerous professions such as radiologic technicians, despite their delivering ionizing radiation to the general public. This is an example of a less-standardized licensure that is part of the licensing ...
Auto insurance rates are increasing throughout California for a number of reasons. But there are ways to cut costs on your premiums, experts say. California auto insurance rates are skyrocketing ...
Key takeaways. California drivers must at least meet the liability auto insurance coverage requirements of 15/30/5 to drive legally. You can be fined up to $500 out of pocket if you are convicted ...