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The Department of Financial Protection and Innovation has a long history, dating back to the formation of California's first banking department. It became the DFPI in 2020 with the passage of the California Consumer Financial Protection Law (CCFPL). [2] Formation of State Banking Department (1909) and State Corporations Department (1913)
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
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.
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Certain consumer debt has a “shelf life” in which a creditor or debt collector can legally sue you for the debt. This is called the debt’s statute of limitations, which varies by state and ...
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In 1929, LNL was incorporated as a stock company and its name was changed to Liberty National Life Insurance Company. [2] The Liberty National Holding Company, created in 1979, expanded by acquiring United American, along with Globe Life and Accident Insurance Company and American Income Life. In the 1980s, the Liberty National Insurance ...
Subsidiary of Liberty Mutual pulls back in the state. California wildfires have burned more than 832,000 acres so far this year, so the news that any insurer is ending fire insurance coverage is ...