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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.
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.
An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.
Alcon Inc. (German: Alcon AG) is a Swiss-American pharmaceutical and medical device company specializing in eye care products. It has a paper headquarters in Geneva, Switzerland but its operational headquarters are in Fort Worth, Texas, United States, where it employs about 4,500 people.
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. [2] Lara previously served in the California State Senate from 2012 to 2019 as a Democrat, representing the 33rd Senate district. Prior to that ...
Former state Insurance Commissioner Steve Poizner, who lives in a wooded area of the Silicon Valley in Santa Clara County, was dropped by his insurer two years ago.
The 2006 California Insurance Commissioner election occurred on November 7, 2006. The primary elections took place on June 6, 2006. Businessman Steve Poizner , the Republican nominee, defeated Lieutenant Governor Cruz Bustamante , the Democratic nominee, for the office previously held by Democrat John Garamendi , who was term-limited and ran ...
The California Insurance Code are the codified California laws regarding insurance. The code not only covers requirements for home, auto, medical and business insurance policies, but also covers the licensing of bail bond agents, workers' compensation, motor club services, and other related business types. Topics include: classes of insurance ...