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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.
USC Tower, formerly AT&T Center, SBC Tower, Transamerica Building, and Occidental Life Building, is a 32-story, 138 m (453 ft) skyscraper in the South Park neighborhood of Los Angeles, California, United States. Built to house the offices and computer center of the Occidental Life Insurance Company, [4] it was completed in 1965. It is the 45th ...
Born in Commerce, California, [3] Lara is the son of a formerly undocumented factory worker and seamstress from Mexico. [4] Lara attended Los Angeles Unified School District schools and graduated from San Diego State University, where he earned a Bachelor of Arts degree and served as student body president.
As hundreds of Los Angeles residents return to find homes reduced to ashes due to a devastating wave of wildfires, many are fearful that their insurance policies may not cover the rebuild cost and ...
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 ...
The Beaudry is a residential tower in downtown Los Angeles, California that is located within FIGat7th shopping mall. It was developed by Brookfield Properties and designed by architects Marmol Radziner and LARGE Architecture. The tower is named after former 19th century Los Angeles mayor, Prudent Beaudry. [2] [3]
Gov. Gavin Newsom is proposing a bill that would require the state Department of Insurance to review rate-hike ... Insurance Federation of California, a trade group of property and casualty ...
With $207 million spent, the most expensive election campaign in U.S. modern history was the 1988 California insurance initiatives election battle. Only Prop. 103 won voter approval. The $207 million spent, in 2020 dollars adjusted for inflation, which was $95 million in 1988, was reported by the Los Angeles Times. [11]