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Lara was elected during the 2018 election, defeating former California insurance commissioner Steve Poizner. [2] Lara previously served in the California State Senate from 2012 to 2019 as a Democrat, representing the 33rd Senate district. Prior to that, he served in the California State Assembly, representing the 50th Assembly district.
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.
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.
It is administered by the California Department of Health Care Services, which operates it in accordance with California's Medicaid State Plan and Title XIX of the Social Security Act. [7] California relies on Affordable Care Act (ACA) funding to support the Covered California program.
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 office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
Health Insurance Portability and Accountability Act (1996) Medicare Prescription Drug, Improvement, and Modernization Act (2003) Patient Safety and Quality Improvement Act (2005) Health Information Technology for Economic and Clinical Health Act (2009) Patient Protection and Affordable Care Act (2010)
California Insurance Commissioner elections (8 P) Pages in category "California Insurance Commissioners" The following 7 pages are in this category, out of 7 total.