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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.
Ricardo Lara (born November 5, 1974 [1]) is an American politician who is currently serving as the 8th Insurance Commissioner of California.Lara was elected during the 2018 election, defeating former California insurance commissioner Steve Poizner.
The 2022 California Insurance Commissioner election was held on November 8, 2022, to elect the Insurance Commissioner of California. Under California's nonpartisan blanket primary law, all candidates appeared on the same ballot, regardless of party. In the primary, voters may vote for any candidate, regardless of their party affiliation.
A California oversight agency held its second hearing on the state’s homeowner insurance issues Thursday. Like the first meeting, there was a conspicuous person absent: Insurance Commissioner ...
Nine candidates are on the June 7 ballot for California insurance commissioner, a job that focuses on regulating the insurance industry. But two Democrats vying for the job have dominated the race.
An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.
The insurance crisis that California seemed to be digging itself out of is inflamed once again. The post California's Insurance Regulation Fixes Came Too Little, Too Late appeared first on Reason.com.
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.