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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.
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.
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.
Residents can visit the Department of Insurance website at insurance.ca.gov to see if their ZIP codes are included in the moratorium. They can also contact the department at (800) 927-4357 or via ...
Rules that aim to lure insurers back to the fire-prone state were finalized by the state’s insurance commissioner in December and take effect this month. ... who served as California’s ...
Insurance Commissioner Ricardo Lara on Wednesday defended his department’s efforts to roll out a series of rule changes this year to try and stabilize California’s insurance market as he faced ...
On November 13, 2008, Jones announced his campaign for California State Insurance Commissioner in 2010, a statewide elected office. Republican incumbent Steve Poizner was expected to run for governor. He was quickly endorsed by State Senate President Darrell Steinberg and State Controller John Chiang.
A California oversight agency held its second hearing on the state’s homeowner insurance issues Thursday. Like the first meeting, there was a conspicuous person absent: Insurance Commissioner ...