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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.
All licenses are renewed every four years. At age 75, license renewal requires a road test and eye exam. At age 81, license renewal occurs every two years. At age 87, license renewal occurs annually. Indiana: All licenses are renewed every six years. At age 75, licenses are renewed every three years. At age 85. licenses are renewed every two ...
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.
Climate change and extreme weather have contributed to catastrophic fires that destroyed thousands of California homes in recent years — and an insurance crisis that could result in the biggest ...
After months of complaints, the DMV has dumped the knowledge test and online training course for most drivers 70 and older who are renewing their licenses.
According to the California Insurance Commissioner, Proposition 103 "has saved consumers billions" since being implemented, specifically a $4.29 billion per year dividend. [7] It also claims "Californians spent 0.3% less on auto insurance in 2010 than they spent in 1989, while the nation spent 43.3% more".
In November, 19,000 people of all ages took the DMV's eLearning course, compared with 47,500 people in April. Above, a line outside a DMV office in South L.A. in 2018.
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