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  2. California Department of Insurance - Wikipedia

    en.wikipedia.org/wiki/California_Department_of...

    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.

  3. California FAIR Plan - Wikipedia

    en.wikipedia.org/wiki/California_FAIR_Plan

    [1] [2] [3] The FAIR Plan was established in 1968 by a statutory amendment to the California Insurance Code (specifically, section 10090 et seq. [4]), and is regulated by the office of the California Insurance Commissioner. The plans are typically more expensive and provide less coverage than commercial plans. [5]

  4. GEICO closes California insurance offices, lays off hundreds ...

    www.aol.com/geico-closes-california-insurance...

    Jones, who served as Insurance Commissioner from 2011 to 2019, said the reason GEICO has local offices is for consumers who want to meet their insurance agent in person.

  5. California homeowners insurance market tested as fires rage - AOL

    www.aol.com/finance/california-homeowners...

    Insurance is a capital-intensive business with thin profit margins, and many insurers have been hemorrhaging money in California in recent years as wildfires intensify. 2018’s Camp Fire in ...

  6. California Insurance Code - Wikipedia

    en.wikipedia.org/wiki/California_Insurance_Code

    The California Insurance Code are the codified California laws regarding insurance.The code not only covers requirements for home, auto, medical and business insurance policies, but also covers the licensing of bail bond agents, workers' compensation, motor club services, and other related business types.

  7. Which insurance companies have the most exposure in California?

    www.aol.com/insurance-companies-most-exposure...

    State Farm had the largest California market share in 2023 with 19.9%, followed by Farmers Insurance with 14.9%, as well as CSAA Insurance Exchange and Liberty Mutual with 6.5% each.

  8. California Insurance Commissioner - Wikipedia

    en.wikipedia.org/wiki/California_Insurance...

    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.

  9. Comedian Rob Schneider blasts insurance giant State ... - AOL

    www.aol.com/finance/comedian-rob-schneider...

    State Farm canceled 72,000 policies in California, nearly half of which were for home insurance, Barron’s reported. Allstate stopped selling policies in the Golden State for businesses and ...

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