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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 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 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.
The California Contractors State License Board (CSLB) was established in 1929 as the Contractors License Bureau under the Department of Professional and Vocational Standards. Today it is part of the California Department of Consumer Affairs (DCA).
Born in Commerce, California, [3] Lara is the son of a formerly undocumented factory worker and seamstress from Mexico. [4] Lara attended Los Angeles Unified School District schools and graduated from San Diego State University, where he earned a Bachelor of Arts degree and served as student body president.
The bill would have required the state insurance department to license pharmacy benefit managers. It would also have required pharmacy benefit managers to disclose prices paid to drug ...
In 1979, then-Governor Jerry Brown requested a report on the State's personnel system from the Little Hoover Commission, an independent government oversight agency, which resulted in several recommendations of which some were implemented, including the creation of the Department of Personnel Administration but other recommendations such as the dissolution of the California State Personnel ...
In August 2019, Mercury paid a $27.6 million fine to the California Department of Insurance for findings that it had violated Proposition 103. It was the largest fine against a property and ...
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