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Thousands of kids could be uprooted. A major insurer says that because of the cost of sex abuse claims, it can no longer cover foster family agencies. Thousands of kids could be uprooted.
Answers public questions and complaints regarding the insurance industry. Enforces the laws of the California Insurance Code and adopts regulations to implement the laws. The mission is to ensure vibrant markets where insurers keep their promises and the health and economic security of individuals, families, and businesses are protected.
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.
Covered California is the health insurance marketplace in the U.S. state of California established under the federal Patient Protection and Affordable Care Act (ACA). The exchange enables eligible individuals and small businesses to purchase private health insurance coverage at federally subsidized rates.
Bankrate’s premium data from Quadrant Information Services indicates that the annual average cost of home insurance in California is $1,217 for $250,000 in dwelling coverage, which is about 28 ...
Data analyzed by the insurance comparison website Insurify showed the average annual cost of full coverage in California was $2,417 as of June, up from $1,666 the year before.
Life insurance policies for children became popular in the 19th century to pay funeral and burial costs during a time of high infant mortality. Initially controversial, life insurance for children eventually gained broad acceptance. Unlike traditional life insurance, burial insurance policies were marketed typically to the poorer classes. [2]
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