Ultimate magazine theme for WordPress.

California Department of Insurance

California Department of Insurance

About the Commissioner

Ricardo Lara is California’s eighth Insurance coverage Commissioner since voters created the elected place in 1988. As chief of the nation’s largest state client safety company, he’ll shield Californians’ futures.

Commissioner-portrait_2_300213

 

Recovering from pure disasters and resisting local weather change

“We can’t deny that with local weather change, California faces a menace like by no means earlier than. We want daring motion to make sure our communities adapt and are resilient to this new actuality.”

Commissioner Lara will assist Californians get well from pure disasters and resist the impression of local weather change on our communities. As Senator, he expanded protections for catastrophe survivors from dropping their houses to insurance coverage cancellation and nonrenewal. He wrote the nation’s first local weather insurance coverage legislation, SB 30, to interact with the insurance coverage business to combat climate-linked environmental disasters like wildfires and sea stage rise. He’s one of all California’s best environmental champions, working to enhance well-being circumstances and rein in air pollution. He acquired the United Nations 2017 Local weather and Cleared Air Awards with Governor Brown and the Air Assets Board to cut back tremendous pollution.

 

Defending Californians from fraud

“We are going to use each useful resource to crack down on fraud, which continues to price shoppers and companies hundreds of thousands of {dollars}.”

Commissioner Lara pledged to guard all Californians from insurance coverage fraud. As State Senator, he authored legal guidelines that assist forestall prescription drug abuse and crackdown on affected person brokering and fraud involving Californians recovering from substance abuse issues. As Commissioner, he’ll confront insurance coverage fraud affecting seniors, working households, immigrant communities, and different weak Californians.

 

Embracing technology

“Know-how is touching each side of our lives. We have to embrace new technology to enhance entry, affordability, and privateness, whereas selling creativity and permitting innovation to rework the business.”

Commissioner Lara desires to maintain California at the forefront of the dialogue on technology and ensure we don’t lose floor to different states within the race for innovation. The Division will embrace new technology in how folks purchase insurance coverage whereas defending their privateness. California is the hub of innovation, and shoppers ought to be capable of ensuring their automobiles, houses, or property in various methods. 

 

Increasing entry to well-being care

“I’m excited to be Governor Newsom’s accomplice in increasing reasonably priced well-being care for each Californian. There’s nothing we can’t obtain with our new frequent agenda.”

Commissioner Lara believes reasonably priced well-being care must be inside attained for all Californians. As State Senator, he authored the Health4All Children Act, which now covers 250,000 California kids with full-scope Medi-Cal no matter their immigration standing. He helps to cut back the variety of uninsured Californians, strengthen our clinics and public well being system, and decrease prices for all.

 

Guaranteeing a good insurance coverage market

“I ran for the workplace of Insurance coverage Commissioner to make a distinction in Californians’ lives.”

The Division of Insurance coverage recovers lots of hundreds of thousands of {dollars} for shoppers yearly by investigating complaints and conducting market conduct exams. In 2018 alone, the Division recovered $154 million in claims and premiums on behalf of wildfire survivors and different Californians. Shoppers who really feel they’ve been handled unfairly by an insurance coverage firm, agent, or any licensee, are urged to contact the Division’s toll-free Client Hotline at (800) 927-4357 go to our website online: insurance.ca.gov.

 

About Commissioner Lara:

Raised in East Los Angeles by immigrant mother and father, Commissioner Ricardo Lara made a historical past in 2018 by changing into the primary overtly homosexual particular person elected to statewide workplace in California’s historical past. Commissioner Lara beforehand served within the California Legislature, representing Meeting District 50 from 2010 to 2012 & Senate District 33 from 2012 to 2018. Commissioner Lara earned a BA in Journalism & Spanish with a minor in Chicano Research from San Diego State College.

 

In regards to the Division

Historical past

The California Division of Insurance coverage (CDI) was created in 1868 as a part of a nationwide state-based insurance coverage regulation. The insurance coverage marketplace has modified dramatically over time; however, client safety continues to be the core of CDI’s mission.

At this time, CDI is the most important client safety company within the state. With annual direct premiums of $310 billion, California is the most important insurance coverage market in the US and the fourth largest insurance coverage market on the planet.

Almost 1,400 devoted workers work at CDI to supervise greater than 1,400 insurance coverage corporations and license greater than 425,000 brokers, brokers, adjusters, and enterprise entities. Within the regular course of enterprise, CDI yearly processes greater than 8,000 fee purposes, points roughly 215,000 licenses (new and renewals) and performs lots of monetary critiques and examinations of insurers doing enterprise in California. CDI yearly receives greater than 170,000 client help calls, investigates greater than 37,000 client complaints, and, consequently, recovers greater than $84 million a yr for shoppers. CDI also yearly receives and processes tens of 1000 referrals concerning suspected fraud towards insurers and others and conducts felony investigations leading to 1000’s arrests yearly.

All of CDI’s features, together with overseeing insurer solvency, licensing brokers and brokers, conducting market conduct critiques, resolving client complaints, and investigating and prosecuting insurance coverage fraud, are to guard shoppers.

Shoppers, insurance coverage corporations, and licensees depend on CDI to ensure that insurance coverage services and products can be found to shoppers well-timed and that they ship honest and equal advantages. To fulfill these expectations, CDI ensures that insurers are solvent, client complaints are addressed in an affordable method, and insurers and licensees play pretty within the market.

In 1988, California voters handed Proposition 103, a citizen-led initiative. Proposition 103 expanded CDI’s authority and modified the Insurance coverage Commissioner from an appointee of the Governor to an impartial statewide officer elected by a well-liked vote. Proposition 103 additionally required prior approvals of property and casualty charges, together with private auto and house owner insurance coverage.

CDI enforces California’s insurance coverage legal guidelines and has authority over how insurers and licensees conduct enterprise in California.

License charges, assessments, and Proposition 103 recoupment charges are the first sources of funding for CDI.

Commissioner Appointments

The Insurance coverage Commissioner makes appointments to several advisory boards and committees, a lot of required by statute. Appointments are for a specified time period. Some positions require particular experience or expertise for consideration.

The next data supplies an outline of every board in addition to present vacancies. All candidates should full and submit an Application for Appointment. Accomplished purposes, together with a resume, have to be emailed to the Boards Officer at [email protected].

For questions, contact; Amanda Bastidas, Boards Officer, Commissioner’s Boards & Committees at (916) 492-3335 or [email protected].

California Vehicle Assigned Threat Plan (CAARP) Advisory Committee

Description

Under California Insurance coverage Code (CIC) Part 11623, the Advisory Committee supplies coverage recommendations to the Commissioner on issues affecting the plan’s operation. The plan was created to offer auto insurance coverage for motorists unable to acquire protection within the non-public market resulting from their driving information or different extraordinary circumstances in 1999. The legislature created the California Low Price Vehicle Insurance coverage program inside the plan. The Low Price Auto Program’s mission is to offer reasonably priced legal responsibility insurance coverage to low-income good drivers. The plan assigns drivers to personal insurers primarily based upon the businesses’ share of the auto insurance coverage market. For extra data on CAARP, please visit the AIPSO website.

 

Board Construction

  • Eight members representing subscribing insurers are elected yearly by such insurers. 
  • The Commissioner appoints the non-insurer members:
    • four members symbolize the general public
    • 2 members symbolize producers
  • Time period size: 1 yr
  • Conferences: roughly 4 annually, and are held alternately in San Francisco and southern California areas
  • Compensation: Public and producer members are paid $250 per assembly by CAARP and are reimbursed for all cheap bills incurred.
  • FPPC Type 700 Assertion of Financial Curiosity submitting required: Sure (per CAARP)

Certified Candidates

Duties of the general public and producer members embody advising the Commissioner on rate-making, task procedures, appeals, and anti-fraud actions. Information and expertise with low earnings communities and/or car insurance coverage points are useful. Fluency in Spanish is fascinating. 

California Earthquake Authority (CEA) Advisory Panel

Description

AB 13 (McDonald) established the California Earthquake Authority (CEA) in 1996 as a not-for-profit, publicly managed, privately funded entity. The CEA supplies earthquake insurance coverage for California owners, condominium house owners, cell owners, and renters. The CEA Advisory Panel advises the Governing Board of the CEA on points together with:

  • Primary insurance coverage protection points,
  • CEA’s insurance coverage charges,
  • Lengthy-term sustainability and survivability of the CEA, and
  • Availability and affordability of earthquake protection. 

For extra data, please visit the CEA website.

 

Board Construction

  • Members are appointed by the Governor, the Commissioner, the Speaker of the Meeting, and the Senate Guidelines Committee Chair. 
  • The Commissioner appoints:
    • 2 members representing insurance coverage corporations which can be licensed to transact hearth insurance coverage within the state 
    • 1 licensed insurance coverage agent
  • Time period size: four years
  • Conferences: quarterly in Sacramento
  • Compensation: the CEA reimburses board members for bills.
  • FPPC Type 700 Assertion of Financial Curiosity submitting required: Sure (per CEA)

Certified Candidates

Insurance coverage firm seats have to be a producer licensed by the California Division of Insurance coverage, promoting earthquake protection expertise. Information of the California Insurance coverage Code and rules referring to the conduct of producers is required. Curiosity and understanding of earthquake-related insurance coverage points are required of all candidates.

California Insurance coverage Assure Affiliation (CIGA) Board of Governors

Description

CIGA contains all insurance coverage corporations licensed in specified strains of insurance coverage in California. It acts as a guarantor of insurance coverage corporations’ insurance coverage liabilities, which challenge insurance policies to California residents. Ought to an insurer change into bankruptcy, the affiliation takes over the insurer’s insurance coverage obligations intending to shield its policyholders from loss. A Board of Governors manages the Affiliation. The Board oversees the final operations and administration of CIGA, together with:

  • hiring and compensation of the CIGA Director, 
  • authorizing CIGA to enter into long-term contracts,
  • approving modifications in investments, and
  • approving managers for CIGA’s property.

For extra data, please visit the CIGA website.

 

Board Construction

  • 1 member of the general public, appointed by the Speaker of the Meeting
  • 1 member of the general public, appointed by the President professional Tempore of the Senate
  • 9 member insurers, appointed by the Commissioner, no less than:
    • 5 home insurers 
    • three inventory insurers 
    • three non-stock insurers 
    • Time period size: three years
  • 2 public members, appointed by the Commissioner:
    • 1 representing labor
    • 1 representing enterprise
    • Time period size: no statutory time period restrict
  • Conferences: quarterly, held alternately in San Francisco and Los Angeles areas
  • Compensation: CIGA could also reimburse members for bills associated with attendance at conferences.
  • FPPC Type 700 Assertion of Financial Curiosity submitting required: No

Certified Candidates

  • Insurer members: have to be CIGA member insurer. Most claims dealt with by the CIGA are staff’ compensation; due to this fact, property & casualty insurers are preferable.
  • Enterprise member: Fascinating {qualifications}:
    • An understanding of insurer investments and the impact on the enterprise group when an insurer is liquidated;
    • An understanding of insurance coverage necessities, kinds of insurance coverage, and its impact on enterprise operations;
    • Information about insurance coverage firm claims dealing with practices. 
  • Labor member: Fascinating {qualifications}:
    • An understanding of the impact on the labor group when an insurer is liquidated;
    • An understanding of insurer or institutional investments;
    • An understanding of insurance coverage necessities, kinds of insurance coverage, and its impact on labor operations;
    • Information about insurance coverage firm claims dealing with practices.

California Life & Well being Insurance coverage Assure Affiliation (CLHIGA) Board of Administrators

Description

The affiliation consists of all insurance coverage corporations licensed to promote life and medical health insurance and annuities in California. It was created to guard sure policyholders, as much as sure limits, towards monetary failure of an insurance coverage firm licensed to promote these kinds of insurance policies in this state. Ought to this occur, the affiliation will assess its different member insurance coverage corporations. The funds from the evaluation are used to pay the claims of insured individuals who reside in this state and, in some circumstances, to maintain protection in drive. California Department of Insurance.

The Board of Administrators is answerable for the general administration of the affiliation, which incorporates approving contracts and reinsurance treaties, authorizing assessments, borrowing money, taking authorized actions, and serving on committees that oversee audit and funding features.

For extra data, please visit the CLHIGA website.

 

Board Construction

  • The Commissioner appoints 2 members of the general public to the Board of Administrators.
    • A public consultant might not be an officer, director, or worker of an insurance coverage firm or a well-being upkeep group, or any particular person engaged within the insurance coverage enterprise.
  • Member insurers: not lower than 9 or greater than the Board topic elects 13 member insurers to the Commissioner’s approval.
  • Time period size: members serve three-year phrases
  • Conferences: minimal one Annual Assembly; different conferences might come upon an as-needed foundation.
  • Compensation: Members could also be reimbursed for bills associated with attendance at conferences, however usually are not in any other case compensated for his or her providers
  • FPPC Type 700 Assertion of Financial Curiosity submitting required: No

Vacancies

  • One (1) vacant public member consultant
    • A public consultant might not be an officer, director, or worker of an insurance coverage firm or a well-being upkeep group, or any particular person engaged within the insurance coverage enterprise.
  • Deadline for purposes: till stuffed
  • To use: Please full, save, and e-mail an Application for Appointment to the Boards Officer. Certified candidates that mirror the variety of the State of California are strongly inspired to use.

California Organized Funding Community (COIN) Advisory Board

Description

The California Organized Funding Community (COIN) was established in 1996 as a collaborative effort between the insurance coverage business, the Commissioner, the Legislature, and advocates for funding in low earnings communities. COIN’s mission is to match entrepreneurs, non-profit teams, and native governments, both immediately or by way of intermediaries, in low earnings and rural communities with insurance coverage business funding capital. For extra data, visit the COIN webpage.

The COIN Advisory Board advises the Division on the greatest strategies and practices regarding:

  • growing the extent of insurance coverage business capital in protected and sound investments whereas offering honest returns to buyers and social advantages to underserved communities;
  • facilitating networking amongst executives within the insurance coverage business and group organizations in search of investments; and
  • recommending programmatic tips to the COIN program. 

Board Construction

  • 1 member of the general public, appointed by the Speaker of the Meeting
  • 1 member of the general public, appointed by the Senate Committee on Guidelines
  • Members appointed by the Commissioner:
    • three funding executives within the insurance coverage business
    • 1 licensed lawyer practicing insurance coverage legislation
    • 1 member of a client advocacy group
    • 1 reasonably priced housing practitioner
    • 1 native financial growth practitioner
    • 1 member of a monetary establishment or a group growth monetary establishment (CDFI)
    • 1 consultant with expertise in search of funding for low-to-moderate-income or rural communities. California Department of Insurance
  • Time period size: 2 years
  • Conferences: three instances per yr in Sacramento with video conferencing in Los Angeles and Oakland
  • Compensation: Members could also be reimbursed for bills associated with attendance at conferences. However, they usually are not, in any other case, compensated for his or her providers.
  • FPPC Type 700 Assertion of Financial Curiosity submitting required: No

California Staff’ Compensation Insurance coverage Score Bureau (WCIRB) Governing Committee

Description

All staff’ compensation insurance coverage corporations in California are required by legislation to be members of the WCIRB. The WCIRB is a non-public group licensed by the Division of Insurance coverage to gather, analyze, and compile ranking knowledge. Funding for the WCIRB comes from assessments of the insurer members. The Governing Committee units coverage oversees administration of the affairs of the WCIRB and oversees all points involving:

  • pure premium charges, classifications, ranking plans; 
  • ranking techniques, guide guidelines, and coverage, and endorsement kinds.

According to CIC Part 11751.three, the Commissioner will seek labor organizations and associations representing enterprise to make appointments to the Committee. For extra data, please visit the WCIRB website.

 

Board Construction

  • The Committee elects 7 non-public insurer members. State Compensation Insurance coverage Fund is an everlasting member.
  • The Commissioner appoints:
    • 2 public members representing insured employers
    • 2 public members representing organized labor 
  • Time period size: 2 years
  • Conferences: quarterly, or extra usually as needed, in Oakland
  • Compensation: The WCIRB could also reimburse public members for bills associated with attendance at conferences.
  • FPPC Type 700 Assertion of Financial Curiosity submitting required: No

Certified Candidates

All members should be curious about how staff’ compensation (WC) insurance coverage charges affect an employer and/or employer industries. This consists of the prices of WC advantages and bills, numeric classification codes of workers for functions of figuring out insurance coverage premiums, and expertise ranking of employer claims. Information on the pure premium fee and the Expertise Modification Charge, or XMod, is fascinating. Capability to community with different insured employers is fascinating. Public members representing an insured employer should symbolize an employer insured by way of a staff’s compensation coverage and should have a WC background. Public members representing organized labor should symbolize a business during which WC insurance policies ensure its members.  California Department of Insurance

Curriculum Board

Description

According to Part 1749.1 of the California Insurance coverage Code, the Curriculum Board (Board) oversees prelicensing and continuing education curriculum for brokers and brokers. This consists of an inventory of preapproved programs of examination and programs of examination for skilled designations. The board also develops requirements for suppliers and instructors of prelicensing and persevere with training programs, applications, and seminars. Subcommittees of the Board are routinely established to develop and/or replace training and examination content material outlines for all insurance coverage strains. Subcommittees additionally develop/replace curriculum for persevering with training programs. Subcommittees meet twice per 30 days through teleconference calls. Moreover, Board members could also be known as upon to take part in examination workshops where the licensing examination questions are reviewed for context, readability, and cultural biases. For extra data, please go to the Curriculum Board webpage.

 

Board Construction

  • The Commissioner appoints representatives of:
    • insurance coverage brokers 
    • brokers
    • life brokers/commerce associations 
    • insurance coverage corporations
    • client teams
    • bail brokers
    • insurance coverage adjusters
  • Time period size: three years
  • Conferences: three instances per yr in Sacramento. Sometimes the third Thursday in February, July, and October. 
  • FPPC Type Assertion of Financial Curiosity submitting required: Sure (per the CDI)

Certified Candidates

Candidates have to be material consultants for the place being sought. Candidates should decide to attend quarterly Board conferences and take part in subcommittee conferences. Information of the California Insurance coverage Code and the California Code of Rules referring to insurance coverage professionals’ conduct is required of all candidates. California Department of Insurance

Insurance coverage Range Activity Power

Description

The Insurance coverage Range Activity Power considers and makes suggestions about variety within the insurance coverage business. Particularly, the mission of the Activity Power is to:

  • Advise the Division of Insurance coverage with member space(s) of experience on Division initiatives to extend procurement with various suppliers and variety on governing boards;
  • Determine and promote insurance coverage corporations which can be actively engaged in a variety of points;
  • Discover the standing of various illustration on insurance coverage firm governing boards; and
  • Present suggestions to extend the provider or governing board variety, embody advised modifications to present legislation.

For extra details about the Insurance coverage Range Initiative, visit the Insurance Diversity webpage.

 

Board Construction

  • The Commissioner appoints a minimal 13, most 15 members. At the least:
    • 2 Insurance coverage Trade Representatives; together with one who at present serves as a practitioner within the discipline of provider variety (i.e., Provider Range Supervisor or Chief Procurement Officer)
    • 2 Minority Enterprise Enterprise Advocates/Representatives
    • 2 Girls Enterprise Enterprise Advocates/Representatives
    • 1 Disabled Veteran Enterprise Enterprise (DVBE) Advocate/Consultant or Veteran-Owned Enterprise
    • 1 Lesbian, Homosexual, Bisexual, Transgender Enterprise Enterprise (LGBTBE) Advocate/Consultant
    • 2 Provider Range Advocates/Specialists
    • 2 Governing Board Range Advocates/Specialists
  • Time period size: 2 years; limitless phrases 
  • Conferences: quarterly, in Sacramento with videoconferencing in Los Angeles and Oakland. Members decide to attend, at minimum, 2 of the four scheduled conferences.
  • Compensation: Members could also be reimbursed for journey bills associated with attendance at conferences; however, they usually are not in any other case compensated for his or her providers.
  • FPPC Type 700 Assertion of Financial Curiosity submitting required: No

Certified Candidates

Should possess background or expertise in provider variety and/or governing board variety work. Experience pertaining particularly to the insurance coverage business is fascinating. California Department of Insurance

Lengthy Time period Care Insurance coverage Activity Power

Description

The Lengthy Time period Care Activity Power was established by AB 567 (Calderon) to discover the feasibility of growing and implementing a culturally competent statewide insurance coverage program for long-term care providers and helps. The duty drive will:

  • Discover how a statewide long-term care insurance coverage program might be designed and applied to broaden the choices for people who find themselves desirous about insuring themselves towards the chance of prices related to practical or cognitive incapacity, and require long-term care, providers, and helps;
  • Discover choices for the design of this system, together with eligibility, enrollment, advantages, financing, administration, and interplay with the Medi-Cal program and different publicly funded sources;
  • Consider how advantages underneath this system could be coordinated with present non-public well-being care protection advantages;
  • Consider the calls for on the long-term care workforce as the necessity for long-term care in California grows, and the way the long-term care workforce may be ready to fulfill these calls for;
  • Take into account the institution of a joint private and non-private system to make long-term care accessible to as many people inside California as potential; and
  • Make suggestions associated with key regulatory provisions for the general public to enter present long-term care insurance coverage applications and take part in future long-term care insurance coverage applications.

The duty drive shall advocate choices for establishing a statewide long-term care insurance coverage program and touch upon the respective levels of feasibility of these choices in a report submitted to the Commissioner, the Governor, and the Legislature on or earlier than July 1, 2021. The report submitted to the Legislature shall be submitted following Part 9795 of the Authorities Code.

For extra data, please visit the Long Term Care Insurance Task Force webpage.

Safety Insurance – Awards and Recognition

 

Board Construction

  •  The Commissioner appoints six representatives, as follows:
    • 1 consultant of residential care services for the aged
    • 1 consultant of grownup day providers suppliers
    • 1 consultant of hospice and palliative care suppliers
    • 1 consultant long-term care well-being professionals
    • 1 consultant of impartial suppliers of in-home private care providers
    • 1 consultant of household caregivers
  • Different members of the Activity Power are:
    • The Commissioner (or designee) who shall function as the chair of the duty drive
    • The Director of Wellbeing Care Companies (or designee)
    • The Director of the Division of Ageing (or designee)
  • 4 individuals appointed by the Governor, as follows:
      • An authorized actuary with experience in long-term care insurance coverage
      • A nongovernment well-being coverage knowledgeable
      • A consultant of a long-term care supplier affiliation
    • A consultant of a senior or client group
    • One particular person, appointed by the Speaker of the Meeting, from a worker consultant group that represents long-term care staff
    • One particular person, appointed by the Senate Committee on Guidelines, from the long-term care insurance coverage business
  • Conferences: as much as six instances per yr
  • Compensation: Activity Power members shall not obtain a per diem or different related compensation for serving as a member of the Activity Power.
  • FPPC Type 700 Assertion of Financial Curiosity submitting required: No
  • California Department of Insurance

Vacancies

Six (6) Commissioner appointment vacancies:

  • 1 consultant of residential care services for the aged
  • 1 consultant of grownup day providers suppliers
  • 1 consultant of hospice and palliative care suppliers
  • 1 consultant long-term care well-being professionals
  • 1 consultant of impartial suppliers of in-home private care providers
  • 1 consultant of household caregivers

Deadline for purposes: till stuffed

To use: Please full, save, and e-mail an Application for Appointment to the Boards Officer. Certified candidates that mirror the variety of the State of California are strongly inspired to use.