Search results
Results from the WOW.Com Content Network
The California Department of Insurance (CDI), established in 1868, is the agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in California.
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)
The agencies are commonly described as "superagencies", especially by government insiders, to distinguish them from the common usage of the term "government agency". [ 1 ] [ 2 ] The seven superagencies are Government Operations; Labor and Workforce Development; Transportation; Natural Resources; Environmental Protection; Health and Human ...
The California FAIR Plan is an insurance program of last resort for homeowners in high-risk areas of the Golden State who are unable to obtain fire coverage in the private insurance market.
California's Department of Insurance released rules meant to encourage insurers to write more policies in high-fire-risk areas by using computer modeling.
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in the state, according to the most recent data from the California Department of Insurance.
[1] [2] [3] The FAIR Plan was established in August 1968 by a statutory amendment to the California Insurance Code (specifically, section 10091 et seq. [4] [5]), and is regulated by the office of the California Insurance Commissioner. The plans are typically more expensive and provide less coverage than commercial plans. [6]
California Bureau for Private Postsecondary Education; California Bureau of Automotive Repair; California Department of Financial Protection and Innovation; California Business, Consumer Services and Housing Agency