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2. California Insurance Code - Wikipedia

   en.wikipedia.org/wiki/California_Insurance_Code

   [A]n insurer may, under [California] Insurance Code sections 331 and 359, rescind a fire insurance policy based on an insured's negligent or unintentional misrepresentation of a material fact in an insurance application, notwithstanding the willful misrepresentation clause included in the required standard form fire insurance policy (Insurance ...

3. These states are increasing minimum coverage requirements in 2025

   www.aol.com/finance/states-increasing-minimum...

   In California, minimum coverage car insurance requirements are 30/60/15 effective Jan. 1, 2025. Utah minimum coverage limits will increase to 30/60/25. Virginia limits will be 50/100/25.

4. 1988 California Proposition 103 - Wikipedia

   en.wikipedia.org/wiki/1988_California...

   Proposition 103, titled Insurance Rate Reduction and Reform Act, was a California ballot proposition voted on in the 1988 California General Election. It passed with 51% of the vote on November 8, 1988. [1] Proposition 103 expanded the regulatory capacities of the California Department of Insurance, especially in property and casualty insurance.

5. California FAIR Plan insurance: What it is and how it works - AOL

   www.aol.com/finance/california-fair-plan...

   In March 2024 State Farm, the largest home insurance company in California by market share, broke the news that it would nonrenew around 70,000 policies, 30,000 of which are estimated to belong to ...

6. California Won't Let Homeowners Insurance Companies Raise ...

   www.aol.com/news/california-wont-let-homeowners...

   California Won't Let Homeowners Insurance Companies Raise Rates, so They're Leaving the State Instead. Steven Greenhut. March 29, 2024 at 4:30 AM. California Gov. Gavin Newsom | Eric Thayer/UPI ...

7. 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.