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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.
Queen Victoria in 1897, the year after she founded the Royal Victorian Order. Prior to the close of the 19th century, most general honours within the British Empire were bestowed by the sovereign on the advice of her British ministers, who sometimes forwarded advice from ministers of the Crown in the Dominions and colonies (appointments to the then most senior orders of chivalry, the Order of ...
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.
More than 30,000 insurance claims have been filed after the devastating Los Angeles-area wildfires, according to the new tracker. Online tracker shows insurance payments to wildfire survivors Skip ...
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.
The first state commissioner of insurance was appointed in New Hampshire in 1851 and the state-based insurance regulatory system grew as quickly as the insurance industry itself. [4] Prior to this period, insurance was primarily regulated by corporate charter, state statutory law and de facto regulation by the courts in judicial decisions.
In 2022, the Florida home insurance market spent months tumbling toward collapse, but legislation was put in place to help mitigate disaster. These laws aim to make Florida home insurance more ...
PHOTO: U.S. Air Force Gen. James Hecker, U.S. Air Forces in Europe - Air Forces Africa commander, awards Capt. Lacie Hester, 494th Fighter Squadron F-15E weapon systems officer, with the Silver ...