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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 Consumer Financial Protection Law (CCFPL) gave the DFPI expanded enforcement powers to protect California consumers from unfair, deceptive, or abusive practices committed by unlicensed financial services or products; COVID-19 pandemic-inspired scams; and a regulatory retreat by some federal agencies, most notably the Consumer ...
Proposition 103, titled Insurance Rate Reduction and Reform Act, was a California ballot proposition voted on in the 1988 California General Election. It passed with 51% of the vote on November 8, 1988. [1] Proposition 103 expanded the regulatory capacities of the California Department of Insurance, especially in property and casualty insurance.
Read more:California has sweeping new rules for home insurance. What to know. Southern California this year experienced several large wildfires, including the 4,000-acre Franklin fire that ...
Companies based in Orange County — part of the Greater Los Angeles Area economy in Southern California. Subcategories This category has the following 17 subcategories, out of 17 total.
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A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [5]
The Orange County Employees Association (OCEA), located in Santa Ana, California, is a public employee labor union in Orange County, representing about 18,000 employees. OCEA was founded in 1937. OCEA was founded in 1937.