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During the first quarter of 2023, companies announced 270,000 job cuts, according to outplacement firm Challenger, Gray & Christmas, more than four times the number of cuts during the same period...
Losing your job can devastate your financial life if, like most Americans, you don't have a hefty pot of gold in the form of ample emergency savings. Preparation for the worst-case scenario,...
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The CDI, Enforcement Branch, is charged with responsibility of detecting, investigating and arresting those who commit insurance fraud, in order to protect the public from economic loss and distress. In 1979, Chapter 12 of the California Insurance code established the "Bureau of Fraudulent Claims" to investigate criminal insurance violations.
The Department of Financial Protection and Innovation has a long history, dating back to the formation of California's first banking department. It became the DFPI in 2020 with the passage of the California Consumer Financial Protection Law (CCFPL). [2] Formation of State Banking Department (1909) and State Corporations Department (1913)
California is one of 21 states with a competitive state fund in the workers' compensation insurance market. [7] In 2010, State Fund implemented a plan to redesign operations and reduce costs for California employers. In 2013, State Fund announced [8] that it reduced annual fixed expenses by $300 million. These savings will help State Fund ...
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