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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 Bureau for Private Postsecondary Education (BPPE) is a unit of the California Department of Consumer Affairs charged with regulation of private postsecondary educational institutions operating in the state of California. The BPPE is not an accrediting agency. Its primary purpose is to prevent fraudulent diploma mills. [1]
The exam sequence is similar to the British model, with Core and Specialty technical and application exams. The exams are conducted twice a year during the months of May–June and October–November. [11] Starting from January 2012, the institute has started conducting entrance exam.
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.
The Carnegie Classification was created by the Carnegie Commission on Higher Education in 1970. The classification was first published in 1973 with updates in 1976, 1987, 1994, 2000, 2005, 2010, 2015, 2018 and 2021. [1]
Insurance continuing education, CFP, CPA and CLU/ChFC usually have a set credit hour requirement for a period of year(s), sometimes with specific hour requirements for special topics including but not limited to ethics, long term care and other topics. Since late 1990s, all states allow insurance continuing education classes to be taken on-line.
The CIC certification program was started by the National Alliance for Insurance Education & Research in Austin, Texas in 1969. [1] Some CIC courses can be used to fulfill state continuing education requirements for licensing as an insurance agent. [2] The CIC program is for agency owners, producers, agents, brokers, and agency and company ...
The U.S. National Institute of Education (NIE) was established in the Education Division, Department of Health, Education, and Welfare by an act of June 23, 1972 (86 Stat. 327). On May 4, 1980, it was transferred to the Office of Educational Research and Improvement, United States Department of Education , by the Department of Education ...