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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.
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
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.
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Gov. Gavin Newsom is proposing a bill that would require the state Department of Insurance to review rate-hike requests from home insurers within 60 days as companies pull back from the market due ...
The entities under SCSA were responsible for civil rights enforcement, licensing and consumer protection of more than 255 different professions, procurement of goods and services for state agencies, management and development of state real estate, oversight of two state employee pension funds, collecting state taxes, hiring of state employees ...
The catch-22 associated with health insurance — even with subsidies — is that the low-cost plans that most people can afford come with outrageously high deductibles, leaving the policyholder ...
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.