Search results
Results from the WOW.Com Content Network
The CDI has authority over how the insurance industry conducts business within California, and licenses and regulates the rates and practices of insurance companies, agents, and brokers in the state. Continuing education for insurance professionals is regulated by each state's Department for Insurance, although there are commonalties across the ...
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.
California State Government Organization Archived 2010-10-06 at the Wayback Machine - Chart showing a hierarchy of the above departments and commissions California State Agency Databases Archived 2016-03-07 at the Wayback Machine - Comprehensive list of state agencies and databases maintained by the American Library Association
In 2023, Farmers announced a moratorium on new policies in the Sunshine State, the 15th insurer to do so over an 18-month period, and State Farm, California’s biggest homeowners insurer, did the ...
Read more:California has sweeping new rules for home insurance. What to know. Southern California this year experienced several large wildfires, including the 4,000-acre Franklin fire that ...
Months after California's home insurance market was rattled by major companies pausing or restricting their coverage, the state's top regulator said Thursday that he would write new rules aimed at ...
[A]n insurer may, under [California] Insurance Code sections 331 and 359, rescind a fire insurance policy based on an insured's negligent or unintentional misrepresentation of a material fact in an insurance application, notwithstanding the willful misrepresentation clause included in the required standard form fire insurance policy (Insurance ...
That would mean, for example, an insurer with a 10% share of the state's homeowners insurance market would have to cover 8.5% of the homes in riskier neighborhoods as identified by the department ...