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The California Insurance Code (CIC) requires that the CDI provides licensing examinations for brokers and agents, and that the department must investigate suspected violations of the CIC by businesses and individuals who possess CDI licenses. The CDI also oversees the licensing of bail bond agents. The CDI also oversees the licensing of service ...
The NAIC is not a regulator; while its members are the insurance commissioners (i.e., the chief insurance regulators) of each U.S. state and six territories, [1] the NAIC is a non-governmental organization that concerns itself with insurance regulatory matters but does not actually regulate. The states have not delegated their regulatory ...
The Department of Financial Protection and Innovation has a long history, dating back to the formation of California's first banking department. It became the DFPI in 2020 with the passage of the California Consumer Financial Protection Law (CCFPL). [2] Formation of State Banking Department (1909) and State Corporations Department (1913)
For assistance, you can reach out to the Louisiana Department of Insurance by calling the office at 1-800-259-5300 or online to get help with your claim, ask a question about your policy, report ...
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 department supervises approximately 4400 entities, with assets of about $6.2 trillion. [4] These entities include: state-chartered banks and trust companies; insurance companies; insurance producers; insurance adjusters; bail bond agents; service contracts; [5] [6] [7] life settlements; budget planners; charitable foundations; check cashers; credit unions; investment companies; licensed ...
The Texas Department of Insurance (TDI) Fraud Unit is the state law enforcement agency responsible for enforcing laws relating to fraudulent insurance acts In the United States, insurance fraud is the second most costly white-collar crime next to tax evasion.
List of Washington State Insurance Commissioners [5] [6] Name Years Party J. H. Schively: 1909–1913 Republican H.O.Fishback 1913–1933 Republican William A. Sullivan 1933–1961 Democratic Lee I. Kueckelhan 1961–1969 Democratic Karl Herrmann 1969–1977 Democratic Richard G. Marquardt 1977–1993 Republican Deborah Senn: 1993–2001 Democratic