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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 Department of Food and Agriculture (CDFA) and the Department of Corrections and Rehabilitation (CDCR) are also led by secretaries, not department directors. Several departments, such as CDFA and CDCR, report directly to the Governor and their chief executive officers are members of the Governor's cabinet.
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.
"It's really a tale of two states," said Michael Soller, a spokesperson for the state Department of Insurance. If you are an owner, say, in the San Fernando Valley, you likely still have many ...
Ricardo Lara (born November 5, 1974 [1]) is an American politician who is currently serving as the 8th Insurance Commissioner of California. Lara was elected during the 2018 election , defeating former California insurance commissioner Steve Poizner .
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Term life insurance is an extremely cheap life insurance option when you’re young and healthy. For example, a 24-year-old could get $250K in term insurance that lasts 30 years for under $20 per ...
In 2024, the California Department of Forestry and Fire Protection, known as Cal Fire, battled 8,024 wildfires that burned more than 1,000,000 acres of land, and damaged or completely destroyed ...