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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.
Other tow truck victims can contact the state Department of Insurance for assistance at (800) 927-4357. Sign up for Essential California for news, features and recommendations from the L.A. Times ...
Financing Coordinating Committee, California; Fire Marshal, Office of the State; First 5 California (First 5) Fish & Game Commission (FGC) Fish & Wildlife, Department of (CDFW) Food & Agriculture, Department of (CDFA) Forestry & Fire Protection, Board of (BOF) Forestry & Fire Protection, California Department of (CAL FIRE) Franchise Tax Board (FTB)
The commissioner’s office said the requirement will be limited to California, so in-state consumers will not be on the hook for the insurance costs of other high-risk areas, like the Gulf Coast ...
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 ...
The Consumer Services Office is the main point of contact for Californians filing a complaint with the department or requesting additional information about licensees. Offering a live-person call center, the team logs thousands of calls a year and works with licensees to help consumers settle disputes and resolve issues.
In August 2019, Mercury paid a $27.6 million fine to the California Department of Insurance for findings that it had violated Proposition 103. It was the largest fine against a property and ...