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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.
To check your SR-22 status in California, you should directly contact your local DMV office. It can provide information on whether your SR-22 form has been filed for the required period.
It is a form that is typically filed with your state by your insurance company indicating that you are complying with the state’s minimum auto liability insurance requirements. If your license ...
Be sure to check your state’s laws regarding insurance, or consider speaking with an agent to verify how your state handles claim payments. ... California wildfires lose steam but welcomed rain ...
The Colorado Department of Regulatory Agencies (DORA) is the principal department of the Colorado state government [1] responsible for professional licensing and consumer protection. [ 2 ] As the consumer protection agency for the State of Colorado , DORA's nine Divisions and more than 40 boards, commissions, and advisory committees license and ...
A new year brings new beginnings and, in some states, new car insurance laws. If you live in California, Utah or Virginia, effective Jan. 1, 2025, your state’s minimum car insurance requirements ...