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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.
California Insurance Commissioner elections (8 P) Pages in category "California Insurance Commissioners" The following 7 pages are in this category, out of 7 total.
Former insurance commissioner Dave Jones has a sobering view on the future of homeowner coverage in California: He believes the state is “marching steadily towards an uninsurable future ...
The agency was established as a separate administration within U.S. Department of Transportation on January 1, 2000, pursuant to the "Motor Carrier Safety Improvement Act of 1999." [ 3 ] FMCSA is headquartered in Washington, D.C., and employs more than 1,000 people in all 50 States and the District of Columbia, with the goal of making "roadways ...
Residents can visit the Department of Insurance website at insurance.ca.gov to see if their ZIP codes are included in the moratorium. They can also contact the department at (800) 927-4357 or via ...
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in California, including 531,000 in Los Angeles County, according to data from the California Department ...
In 1982, he left the military to join the family business in Silicon Valley. He was elected as a Republican to the California Assembly in 1986. In 1994 he was elected insurance commissioner, effectively applying considerable campaign contributions from various insurance companies. [2] [3] He won re-election in 1998.