Fact-checked by Grok 2 weeks ago

California Department of Insurance

The California Department of Insurance (CDI) is a established in 1868 to oversee and regulate the industry within , the nation’s largest market by premium volume. Headed by the elected , the CDI licenses insurers, agents, brokers, and adjusters; reviews and approves rates and policy forms; monitors insurer financial solvency; investigates fraud; and resolves consumer complaints to ensure market stability and policyholder protection. The department enforces insurance laws through market conduct examinations, , and enforcement actions, recovering hundreds of millions annually for consumers via complaint investigations and regulatory interventions. It operates as part of a , prioritizing competitive markets while addressing risks like in a high-exposure . Notable efforts include combating large-scale fraud schemes, such as multi-million-dollar misrepresentation cases and sober living home bilking of insurers. Under current Commissioner , elected in 2018, the CDI has faced scrutiny over transparency in rate approvals and regulatory decisions amid rising insurance challenges from climate-related events, though it continues to advocate for consumer interests in a politically charged .

History

Establishment and Early Development (1868–1987)

The office of the was established in 1868 through state statute, enabling oversight of an sector expanding rapidly due to population influxes from and westward migration. This positioned among early states implementing dedicated , with the appointed —selected by the —tasked with licensing companies and agents, conducting financial examinations for , and investigating policyholder grievances to mitigate risks from unstable or fraudulent insurers. Initial powers were circumscribed, emphasizing basic market entry controls over pricing or product mandates, in line with the post-Civil War affirmation of state authority via the 1869 Paul v. Virginia ruling. The and ensuing fires exposed regulatory gaps, as standard policies excluded earthquake shaking but covered fire losses; insurers frequently denied or contested claims totaling over $400 million (equivalent to billions today), sparking lawsuits where policyholders prevailed in key cases by arguing fire causation independent of seismic triggers. This crisis prompted legislative enhancements to fraud detection and claim enforcement in the early 1900s, evolving the office toward proactive while highlighting strains on domestic carriers. By 1929, functions consolidated into a dedicated Division of Insurance under the Department of Investment, streamlining examinations amid rising auto and lines. The 1935 Insurance Code further rationalized disparate laws from the and into a unified framework, prioritizing insurer stability and agent oversight. In 1941, the agency achieved independence as the full Department of Insurance, bolstering administrative resources for triennial audits and liquidation of impaired entities. Through the postwar era to 1987, under successive appointed commissioners, it maintained a "file-and-use" regime—requiring filings post-implementation without prior approval, unlike prior-approval states—while intensifying monitoring amid economic booms and expansions in casualty coverage. This period saw growth in staff and scope, handling over 1,000 licensed insurers by the 1980s, but drew criticism for lax consumer safeguards, setting the stage for voter-driven changes.

Proposition 103 Reforms (1988)

Proposition 103, officially the Insurance Rate Reduction and Reform Act, was enacted by voters on November 8, 1988, receiving 51.13% approval (4,844,312 yes votes against 4,630,752 no votes). The initiative responded to public concerns over rising insurance premiums by mandating immediate rollbacks of property-casualty insurance rates—including automobile, homeowners, and other specified lines—to at least 20% below levels as of November 8, 1987, effective upon passage. These reductions were required to remain in effect until the completed a public hearing process to establish new base rates, with full implementation of adjusted rates deferred until after November 8, 1989. The reforms fundamentally altered the Department of Insurance's rate oversight authority, replacing the prior "file-and-use" system—where insurers could implement rates upon filing with limited review—with a stringent prior approval regime for property-casualty lines starting November 8, 1989. Under this system, the must approve all rate filings before they take effect, with mandatory public hearings triggered for increases exceeding 7% in lines (such as and homeowners) or 15% in commercial lines. Automobile insurance rates were further restricted to emphasize driving safety records and annual mileage as primary factors, while mandating a "good driver" discount of at least 20% for qualifying policyholders with clean records. These changes empowered the department to scrutinize insurer data for fairness and actuarial soundness, aiming to curb arbitrary pricing but introducing delays in rate adjustments. Proposition 103 also restructured departmental governance by establishing the as a popularly elected office, with the first election held in 1990 alongside the gubernatorial race, shifting oversight from gubernatorial appointment to direct voter accountability. To enhance consumer influence, it created a public intervenor process allowing eligible advocacy groups to participate in rate proceedings, with the department authorized to award fees, costs, and attorney compensation to intervenors providing substantial contributions, funded ultimately by insurers. This mechanism was designed to balance industry submissions with independent analysis, though eligibility excludes industry representatives to prioritize public interests. Overall, the proposition expanded the department's regulatory scope, prioritizing through heightened scrutiny and transparency in rate-setting.

Post-1988 Evolution and Key Events

Proposition 103, enacted in November 1988, fundamentally altered the California Department of Insurance (CDI) by mandating prior approval for rate increases in major lines such as automobile, homeowners, and dwelling fire insurance, requiring insurers to demonstrate that proposed rates were not excessive, inadequate, or unfairly discriminatory. The measure also established a system for public intervenors—primarily consumer advocacy groups—to participate in rate hearings, funded by insurer fees, and rolled back rates by at least 20% from 1987 levels until approved otherwise. It transformed the Insurance Commissioner into an elected office, with becoming the first elected commissioner in 1991 after serving in an acting capacity post-1988. Subsequent commissioners included Chuck Quackenbush (1995–2000), Harry Low (2000–2003), (2007–2011), (2011–2019), and (2019–present), marking the eighth since the position's creation. In the 1990s, CDI faced significant tests from natural disasters, notably the , which generated approximately $15.3 billion in insured losses and prompted many insurers to curtail or exit coverage offerings despite state mandates to provide it alongside homeowners policies. This crisis led to the creation of the in , a public-private entity assessed against participating insurers to pool and provide insurance, stabilizing the market but shifting substantial risk to policyholders and the FAIR Plan as a residual market of last resort. Under Garamendi and Quackenbush, CDI expanded its investigative capabilities, reclassifying the Fraud Bureau as a full division and pursuing enforcement against fraudulent claims, though Quackenbush's tenure ended amid controversies over lenient settlements with insurers following the 1994 Oakland Hills fire, including no penalties for some violations. The 2000s and saw ongoing implementation challenges with Proposition 103's rate review process, which critics argue fostered delays and administrative burdens, contributing to stagnant auto expenditures in —the only where average costs declined from 1989 to 2010 amid national increases. Escalating risks in the 2010s, including events like the 2017–2018 fires causing billions in losses, exacerbated a property capacity crisis, with major carriers non-renewing policies and the Plan's policies surging from under 150,000 in 2018 to over 1.4 million by 2023. Under Lara, launched the Sustainable Insurance Strategy in 2023 to address this, enacting regulations in 2024–2025 permitting catastrophe modeling for rate filings—first approved for wildfires on July 29, 2025—and mandating coverage commitments from insurers in high-risk areas, prompting commitments from firms like and to expand writings affecting over 1.5 million homes. Lara also proposed intervenor process reforms on September 19, 2025, to enhance transparency and limit funding abuses, and stricter rules on October 13, 2025, amid criticisms that the system favors advocacy groups over efficient regulation. These changes aim to modernize Proposition 103's framework, which has been blamed for market contraction, though proposed 2026 ballot initiatives seek further overhauls, including partial repeals of its rate controls.

Organizational Structure

Leadership and the Insurance Commissioner

The heads the Department of Insurance as its chief executive, directing regulatory oversight of the state's insurance industry, which encompasses licensing of insurers, approval of premium rates, enforcement against fraud, and initiatives. The position, established as an elected office by Proposition 103 in 1988 to enhance accountability following public backlash against insurance rate practices, is filled through statewide partisan s held every four years, with the winner assuming office on following the election. Prior to 1988, the commissioner was appointed by the governor. Ricardo Lara, a , has served as the eighth since taking office on January 6, 2023, after winning the 2022 election with 54.5% of the vote against Republican Marc L. Rodriguez. Lara, who previously represented California's 33rd from 2010 to 2022 and focused on , has prioritized addressing availability amid wildfires and climate risks, including backing regulatory reforms to stabilize markets while facing criticism for proposals limiting intervenor funding in rate hearings, which opponents argue curtails consumer advocacy. The is supported by an executive management team, including a and specialized overseeing key areas such as , , financial analysis, and enforcement. Michael Martinez serves as , appointed by Lara on February 13, 2023, managing departmental operations and strategic initiatives. Other key roles include the , held by Josephine Figueroa, who coordinates legislative affairs and regulatory development. This structure ensures the 's directives are implemented across the department's approximately 1,400 employees, organized into divisions handling licensing, investigations, and market conduct.

Key Divisions and Bureaus

The California Department of Insurance (CDI) maintains an organizational structure comprising specialized branches and bureaus that execute its regulatory mandate, including licensing, solvency monitoring, rate oversight, and fraud investigations. These units operate under deputy commissioners reporting to the , with responsibilities delineated by statute to ensure insurer compliance, , and market stability. The Consumer Services and Market Conduct Branch, overseen by a deputy commissioner, handles consumer education, complaint mediation, and enforcement through insurer examinations; it includes the Market Conduct Division, comprising the Field Claims Bureau and Field Rating and Underwriting Bureau, which scrutinize claims handling, rating practices, and underwriting for compliance with state laws. The Enforcement Branch investigates criminal and regulatory violations, including perpetrated by agents, brokers, public adjusters, bail agents, and insurers; its Investigation Division leads probes into suspected fraudulent activities, coordinating with for prosecutions. The Financial Surveillance Branch monitors the financial health of licensed insurers to prevent and protect policyholder claims, conducting analyses of balance sheets, reserves, and risk-based capital requirements as mandated by the California Insurance Code. The Rate Regulation Branch reviews and approves rate filings for property and casualty lines, ensuring rates are not excessive, inadequate, or unfairly discriminatory under Proposition 103 standards; as of recent oversight, it processes thousands of filings annually to balance consumer affordability with insurer viability. Supporting operations include the Administration and Licensing Branch, which licenses over 485,000 agents, brokers, adjusters, agents, and business entities while providing administrative support; the Legal Branch, which litigates compliance with the Code and advises on enforcement actions; and the Conservation and Liquidation Office, which rehabilitates or liquidates insolvent insurers to maximize asset recovery for claimants. Specialized branches address emerging priorities, such as the Climate and Sustainability Branch, which engages on risks through initiatives like the Climate Insurance Working Group established under 30 (2018).

Core Regulatory Functions

Rate Approval and Filing Oversight

The California Department of Insurance (CDI) oversees rate filings for property and casualty insurers primarily through a prior approval system established by Proposition 103, enacted on November 8, 1988, which mandates that insurers obtain departmental approval before implementing most rate changes to prevent excessive, inadequate, or unfairly discriminatory premiums. This system applies to lines such as personal automobile, homeowners, and commercial packages, requiring submission of detailed actuarial data, including projected losses, expenses, investment income, and profit margins, to justify proposed rates. Insurers must file rate applications electronically via the System for Electronic Rate and Form Filing (SERFF), including a standardized application form, , and supporting exhibits as specified by CDI regulations, with three copies required for compliance review. The Rate Regulation Branch analyzes these for compliance with statutory factors under Insurance Code sections 1861.05 and related provisions, evaluating whether rates allow insurers to recover costs without excess profits, often using historical loss data adjusted for trends like and exposure. Filings deemed incomplete trigger requests for additional information, while complete ones undergo substantive review, potentially leading to approval, disapproval, or modification within statutory timelines—typically 30 days for initial acknowledgment and up to 180 days for complex cases, though actual processing often extends due to intervenor participation and data verification. Proposition 103 also enables public intervenors, such as consumer groups, to participate in rate hearings, with CDI funding their fees from a recoupment mechanism assessed on insurers, intended to ensure rates reflect but criticized for prolonging reviews—averaging 236 days for homeowners filings over five years—and contributing to market withdrawal amid regulatory uncertainty, particularly for high-risk coverage. Recent reforms, outlined in CDI Bulletin 2024-7 issued August 9, 2024, aim to streamline reviews by clarifying submission standards and expediting complete applications, responding to industry complaints of delays exacerbating California's crisis. For non-prior approval lines like certain and products, CDI employs a file-and-use approach, where rates take effect upon filing with subsequent oversight for compliance.

Insurer Licensing and Market Conduct

The Department of () issues Certificates of Authority (COAs) to insurers seeking to transact business in the state, a prerequisite for both domestic and foreign entities to legally operate under the . Domestic applicants must first secure name approval from the 's Corporate Affairs Bureau by submitting a request with up to three proposed names, disclosure of principals, and applicable filing fees as outlined in the Schedule of Fees and Charges. Following incorporation via articles filed with the Secretary of State, applicants submit an organizational permit application including biographical affidavits for officers and directors, a detailed plan of operation covering marketing, , and financial projections, and evidence of meeting minimum paid-in capital and surplus thresholds, which vary by insurance line (e.g., higher for property/casualty than life). The process entails comprehensive actuarial, financial, and background reviews, including field investigations, with approvals governed by Sections 699 et seq. and Title 10 of the . Foreign or alien insurers face analogous scrutiny, often requiring proof of three years' active transaction in proposed lines, and utilize the Uniform Certificate of Authority Application (UCAA) supplemented by California-specific instructions. Once licensed, admitted insurers must maintain compliance through ongoing filings, including notifications of material changes in status under Insurance Code Section 700(c), such as officer elections or capital adjustments, to sustain their . Revocation or suspension of a COA may occur for , , or persistent violations, with CDI prioritizing financial stability and operational integrity to protect policyholders. Market conduct oversight ensures licensed insurers adhere to fair practices post-licensing, primarily through the CDI's Market Conduct Division (MCD), which evaluates compliance with the California Insurance Code and regulations in core areas including rating, , issuance, , , and claims handling. Examinations are targeted or routine, triggered by factors such as elevated volumes, data, or cyclical scheduling, with the Field Rating and Underwriting Bureau focusing on premium calculations and eligibility decisions, while the Field Claims Bureau scrutinizes processes for timeliness and fairness. These reviews assess adherence to statutes like Insurance Code Section 790.03, which prohibits unfair methods of competition and deceptive acts, such as inadequate claim investigations or discriminatory . Findings are compiled into public market conduct examination reports detailing violations, corrective recommendations, and any assessed penalties or mandated reforms, as seen in the June 2025 initiation of a targeted exam into General Insurance Company's homeowners practices amid wildfire-related scrutiny. Enforcement may escalate to civil fines, license conditions, or referrals for prosecution if systemic issues persist, reinforcing accountability without supplanting monitoring.

Solvency Regulation and Financial Monitoring

The California Department of Insurance () oversees insurer through its Financial Surveillance Branch (), which performs risk-focused financial surveillance of licensed (admitted), surplus lines, and certain non-admitted insurers to verify their ability to fulfill policyholder obligations and maintain market stability. The FSB's core mission emphasizes proactive monitoring to detect early signs of financial distress, drawing on divisions such as the Division for ongoing solvency assessments, the Field Division for targeted audits, the Actuarial Office for reserve validations, and the Office of Principle-Based Reserving for compliance with dynamic reserving methodologies. Financial monitoring involves mandatory annual filings of audited , quarterly updates where required, and Risk-Based (RBC) reports, which quantify an insurer's needs against specific risks like , , and operational vulnerabilities. Under Insurance Code Article 4.1 (Sections 739–739.12), RBC standards mandate minimum levels scaled to risk exposure, with CDI authorized to intervene if an insurer's total adjusted falls below 200% of its authorized level or triggers mandatory thresholds at lower ratios, ensuring buffers against without relying on outdated static formulas. Insurers with premiums exceeding specified thresholds must also submit Own Risk and Solvency Assessments (ORSA), internal evaluations of material risks and mitigation strategies, filed confidentially with CDI to inform regulatory scrutiny. On-site financial examinations, mandated by Insurance Code Section 730, occur at intervals of three to five years or more frequently for higher-risk entities, involving comprehensive reviews of assets, liabilities, reserves, investments, and transactions to confirm and . These exams assess whether reported figures accurately reflect economic reality, including verification of recoverables and loss reserves, with public reports issued post-examination detailing findings and any corrective directives. Regulations under Title 10, California Code of Regulations, Chapter 5, govern these processes, incorporating (NAIC) guidelines adapted for California-specific risks like catastrophe exposure. CDI identifies hazardous financial conditions using standards in 10 CCR Section 2598.2, which include metrics such as inadequate liquidity, rapid surplus erosion, or failure to meet statutory reserves, potentially prompting supervisory actions like heightened reporting, capital infusions, or restrictions on operations. For impaired or insolvent insurers—defined under Code Article 13 (Sections 980–989) as those unable to pay maturing obligations or whose assets fall below liabilities plus required reserves—the may initiate , , or proceedings via the and to prioritize creditor recovery and minimize systemic fallout. These mechanisms, while aimed at , have faced scrutiny in reports for occasionally lagging behind rapid market shifts, such as wildfire-related losses, underscoring the tension between rigorous oversight and insurer viability.

Consumer Protection Mechanisms

Claims Handling and Dispute Resolution

The California Department of Insurance (CDI) oversees insurers' claims handling through the Fair Claims Settlement Practices Regulations, codified in Title 10, California Code of Regulations sections 2695.1 to 2695.9, which mandate prompt , communication, and resolution of claims to ensure fairness and equity. Insurers must acknowledge receipt of a claim within 15 working days, conduct a thorough , and either accept or deny payment within 40 calendar days of receiving proof of claim, with extensions possible only under specific circumstances like complex investigations. Violations of these standards, such as failing to effectuate prompt settlements or misrepresenting policy provisions, constitute unfair practices under Insurance Code section 790.03(h), which CDI enforces through s and penalties. Consumers disputing claim denials or delays can file complaints with CDI via its online portal, hotline (1-800-927-HELP), or mail, providing policy details, claim correspondence, and supporting documentation. Upon receipt, CDI forwards the complaint to the insurer for a 15- to 30-day response period, during which the agency mediates informally to facilitate resolution without binding authority. In fiscal year 2023-2024, CDI processed over 50,000 consumer complaints, primarily related to auto, home, and health claims, with resolutions often achieved through insurer concessions or adjustments. Health care providers facing payment disputes must first exhaust the insurer's internal dispute resolution before escalating to CDI, which reviews for regulatory compliance rather than medical necessity. CDI administers specialized mediation programs for certain claims types, including the Automobile Claims Mediation Program, which convenes policyholders, insurers, and neutral mediators to resolve disputes over coverage or valuation in an informal, non-adversarial setting at no cost to participants. Similarly, the Residential Property and Claims Mediation Program targets homeowner disputes, particularly post-disaster, with eligibility requiring prior insurer denial and claims under $10,000 in contention; mediation success rates exceed 70% in facilitated sessions. These programs emphasize voluntary participation and , serving as alternatives to litigation, though unresolved matters may proceed to court or policy-specified . Enforcement actions arise from patterns of non-compliance identified via complaints or market conduct exams; for instance, may issue cease-and-desist orders, fines up to $10,000 per violation, or revoke licenses for systemic unfair practices, as seen in cases involving delayed claims settlements. While lacks authority to award damages or override policy terms, its interventions promote accountability, with data indicating that mediated complaints yield higher resolution rates than unassisted disputes. Consumers retain to independent appraisals or legal action under statutes like section 2695.9 for appraisal disputes.

Anti-Discrimination and Accessibility Standards

The California Department of Insurance (CDI) enforces provisions of the California Insurance Code prohibiting unfair by insurers in practices such as rate-setting, , , and claims handling. Under Insurance Code § 790.03(h), unfair methods include "making or permitting any unfair discrimination between individuals of the same class and equal expectation of life in the rates or assessments charged for any contract of or or in the dividends or other benefits payable thereon, or in any other of the terms and conditions of such contract," as well as similar discrimination in property and between risks of essentially the same hazard and exposure to loss. These standards aim to ensure equitable treatment based on actuarial risk rather than protected characteristics like , , or , with CDI empowered to investigate violations through market conduct examinations and civil penalties. In claims settlement, CDI regulations under Title 10, California Code of Regulations § 2695.7 explicitly bar discrimination based on the claimant's , , , , , , , , , national origin, ancestry, , parental status, , , or medical condition. Insurers must maintain consistent standards across similar claims, with deviations justified only by documented, case-specific factors; failure to do so constitutes an unfair practice subject to CDI enforcement. For health insurance, CDI upholds state laws prohibiting in access to coverage or care, including compliance with nondiscrimination requirements under statutes like the California Insurance Equality Act (AB 2208), which extends protections against in policy issuance and renewals. CDI has issued targeted regulations and bulletins to address emerging discriminatory practices. The Gender Non-Discrimination in Automobile Insurance Rating Regulation, effective January 1, 2019, prohibits the use of as a rating factor in auto , aiming to eliminate actuarial disparities not justified by empirical . In June 2022, Ricardo Lara issued Bulletin 2022-5, directing insurers to review practices for racial bias in marketing, rating, underwriting, and claims, with mandatory self-assessments and reporting of findings to CDI; this followed allegations of algorithmic via consumer proxies like credit scores or zip codes correlating with demographics. The department's Office of Civil Rights oversees internal compliance with state and federal anti- laws, including investigations into harassment or bias within CDI operations, though external insurer enforcement relies on the broader regulatory framework. Accessibility standards enforced by focus on ensuring consumers, particularly those in underserved or high-risk areas, can obtain coverage without barriers tied to discriminatory practices. The California FAIR Plan, administered under CDI oversight as the insurer of last resort, originated in the 1960s to counter —insurer refusals to cover properties in minority neighborhoods—by mandating participation from all property insurers to provide basic fire coverage where private markets decline. For , CDI regulates network adequacy to guarantee timely access to providers, with standards adopted in 2016 requiring sufficient in-network options for , specialists, hospitals, and behavioral health within defined time and distance metrics, preventing de facto discrimination through inadequate networks disproportionately affecting low-income or rural populations. Recent guidance, such as the May 2025 Notice on Nondiscrimination and Access to Care, reaffirms that health insurers must comply with state protections ensuring coverage availability regardless of protected status, including auxiliary aids for effective communication with consumers having disabilities. Violations can trigger CDI interventions, including rate disapprovals or license revocations, prioritizing empirical over biased exclusions.

Enforcement and Investigations

Insurance Fraud Division Operations

The Fraud Division, established in , serves as the primary entity within the California Department of Insurance's Enforcement Branch, focusing on detecting, investigating, and prosecuting perpetrated against insurers by consumers or organized criminal groups. It targets violations under Penal Code Section 550, including false claims, staged accidents, exaggerated injuries, and related crimes such as conspiracy and , with operations funded through assessments on policies and employers rather than the general fund. The division receives suspected fraud reports via an online portal from the public, licensed agents, insurers, third-party administrators, and self-insured entities, enabling anonymous submissions to encourage reporting. Investigations typically involve surveillance, undercover operations, witness and suspect interviews, execution of search and arrest warrants, and courtroom testimony, often in collaboration with local, , and federal task forces addressing auto , pharmaceutical fraud, and emerging trends. With over 266 staff members across headquarters and nine regional offices statewide, the division assigns cases based on potential economic impact and criminality, prioritizing high-volume fraud types like automobile and schemes. In fiscal year 2023-24, automobile fraud operations identified 12,559 suspected fraudulent claims, leading to 602 new case assignments, 272 arrests, and 354 referrals to prosecutors, averting an estimated $207.6 million in potential losses; the organized automobile fraud interdiction subunit handled 65 cases, resulting in 99 arrests and 120 referrals with $11.9 million at stake. fraud efforts, under a program launched in 1991, processed 2,932 suspected cases, assigned 291 new investigations, secured 128 arrests, and referred 156 to prosecutors, targeting false claims by employees, physicians, and attorneys amid an estimated annual statewide cost of $1-3 billion. Property, life, and casualty fraud yielded 4,580 suspected claims, 52 assignments, 16 arrests, and 21 referrals. The division administers grant programs to district attorneys, enhancing local prosecutions; for instance, in 2023-24, grants totaling $52.2 million across 34 counties supported 1,313 investigations, 336 arrests, 260 convictions, and $31.5 million in ordered restitution from $1.2 billion in chargeable . Similar funding for automobile fraud district attorneys ($16.3 million) and organized programs ($7.5 million) drove hundreds of arrests and convictions, emphasizing restitution and deterrence. Beyond , operations include , consumer and industry , and cross-agency partnerships to identify systemic vulnerabilities, such as mills or staged collisions in urban areas.
Fraud TypeSuspected Claims (FY 2023-24)New Cases AssignedArrestsReferrals to ProsecutorsPotential Loss Avoided
Automobile12,559602272354$207.6 million
2,932291128156$157.2 million
Property/Life/Casualty4,580521621Not specified

Criminal and Civil Enforcement Actions

The California Department of Insurance (CDI) pursues civil enforcement actions through its Enforcement Bureaus, which litigate against insurance and companies for regulatory violations, including unfair claims practices, infractions, and market conduct issues. These actions typically involve administrative proceedings such as accusations, orders to show cause, notices of non-compliance, and settlements, potentially leading to license suspensions, revocations, cease-and-desist orders, and monetary penalties under the California Insurance Code. A notable example occurred on October 3, 2025, when issued enforcement orders against Insurance Services, Inc., Insurance Company, and State National Insurance Company for systemic delays in claims processing, unreasonable denials, inadequate investigations, and failure to notify policyholders of appeal rights, despite prior warnings since 2022. The actions mandate a hearing before an to assess license revocation risks and authorize civil penalties of up to $5,000 per unlawful act or $10,000 for willful violations. For criminal enforcement, CDI's Enforcement Branch, including the Fraud and Investigation Divisions, probes violations such as under Penal Code Section 550, unlicensed activity, and related crimes like grand or , often collaborating with district attorneys and . As sworn peace officers, Fraud Division investigators conduct surveillance, execute warrants, and make arrests before referring cases for prosecution, where convictions can yield penalties including terms and fines exceeding $50,000 for schemes over $950 in value. Prosecutions stemming from CDI referrals have included organized auto theft rings and fraud, with local district attorneys' offices handling filings after investigations reveal intent to defraud insurers or consumers.

Public Education and Outreach

Consumer Awareness Programs

The (CDI) implements consumer awareness programs primarily through its Community Relations and Outreach Branch (CROB) and the Partnership Initiative, focusing on educating residents about insurance coverages, claims processes, fraud prevention, and access to affordable policies. These efforts include distributing informational guides in print and online formats that explain policy terms, common pitfalls, and preparation for claims, alongside multilingual toolkits designed to empower households against scams and climate-related risks. The Partnership Initiative collaborates with governmental agencies, local organizations, and trusted community messengers to broaden outreach via monthly webinars, targeted media campaigns, and online platforms, with goals to heighten awareness of CDI's services and promote insurance literacy in diverse settings such as workplaces and places of . Key resources include the "Insurance Essentials" toolkit, which covers basic policy understanding and access options, and the "Insurance Fraud Prevention" toolkit, emphasizing detection and reporting of deceptive practices. These initiatives prioritize underrepresented codes and vulnerable populations, as seen in campaigns tied to the California Low Cost Auto Program, which conducted targeted advertising and events in 2024 to reduce uninsured rates among low-income drivers. CROB supports awareness through direct engagement, including workshops for survivors, town halls, roundtables with elected officials, and specialized sessions like Senior Scam Stoppers to address elder fraud vulnerabilities. The branch maintains a consumer hotline (1-800-927-4357) for inquiries and complaints, complemented by the (Ombudsman@insurance..gov) for dispute guidance, and promotes programs such as the Senior Gateway portal for seniors navigating coverage options. Additional outreach encompasses distracted driver clinics, insurance forums, and exhibits at community events, all aimed at fostering proactive consumer behavior without reliance on post-harm interventions. Annual legislative reports, such as the 2025 Report to the Legislature on the Low Cost Auto program, detail ongoing education plans, including digital advertising, bilingual materials, and partnerships that reached thousands in fiscal year 2024, demonstrating measurable expansion in program enrollment and fraud reporting. These programs align with CDI's statutory mandate under the Insurance Code to protect consumers via proactive information dissemination, though effectiveness metrics remain tied to self-reported participation and hotline volumes rather than independent audits.

Industry Training and Compliance Resources

The California Department of Insurance () administers a structured framework for prelicensing education and (CE) to ensure insurance professionals, including agents and brokers, maintain knowledge of state regulations, ethical standards, and industry practices. Prelicensing courses must be approved by 's Education Unit, which reviews provider applications and course content to cover topics such as laws, practices, and product specifics; these requirements aim to prepare licensees for examinations and initial compliance with California's Insurance Code. For CE, most resident licensees are required to complete 24 hours biennially, including mandatory components like three hours of training focused on fair claims, , sales practices, and market conduct to mitigate misconduct risks. Specialized training resources target emerging compliance needs, such as suitability, where mandates agents complete targeted courses before selling these products, with insurers and agencies required to track agent certifications via -provided lists to enforce adherence. Non-resident licensees access -specific training materials in PDF , outlining California-unique regulations to facilitate reciprocity while upholding local standards. The Curriculum Board advises on developing comprehensive study programs that emphasize , , and product , ensuring licensees enter the market equipped against common compliance pitfalls like or unfair practices. For insurers, CDI's Special Investigative Unit (SIU) Compliance Office provides resources including annual anti- plan reviews, risk assessments, and training videos detailing SIU reporting obligations under Insurance Code Section 1872.83, which mandates insurers maintain dedicated fraud detection units and submit timely reports on suspected claims . These evaluations cover approximately 1,100 insurers yearly, assessing anti- operations for completeness and effectiveness to curb organized estimated to cost billions annually in . Compliance aids, such as downloadable SIU requirements certificates post-video training, support insurers in meeting statutory duties without over-reliance on self-reported data, which CDI verifies through on-site inspections.

Market Challenges and Crises

Wildfire Risks and Insurer Exits (2017–Present)

The unprecedented scale of wildfires in California from 2017 onward, including the 2017 Tubbs Fire with insured losses of $11.1 billion and the 2018 Camp Fire with $12.5 billion, inflicted severe financial strain on the state's homeowners insurance market. In 2017 and 2018, California's property insurers collectively paid out more than twice the premiums collected in claims and expenses, erasing decades of underwriting profits and prompting reinsurers to impose stricter terms or withdraw capacity. These events, exacerbated by drought, dense fuel loads from historical fire suppression policies, and expansion into wildland-urban interfaces, elevated perceived risks, leading insurers to curtail exposure through non-renewals and policy restrictions. By 2022, the market contraction intensified, with seven of 's twelve largest insurers limiting or halting new homeowners policies, particularly in fire-prone regions encompassing over 1.5 million high-risk homes. Notable exits and reductions included State Farm's non-renewal of 72,000 policies in 2023 and Allstate's complete withdrawal from new business in 2022, driven by cumulative losses and regulatory hurdles under Proposition 103, which mandates prior approval for rate increases exceeding 7% annually, constraining risk-adequate pricing. This retreat created a private coverage gap estimated at $800 billion for wildfire-exposed single-family homes as of 2025, forcing reliance on the California FAIR Plan, whose policies surged from under 200,000 in 2018 to over 500,000 by mid-2025. The California Department of Insurance (CDI), led by Commissioner , responded with regulatory adjustments, including a 2024 emergency regulation allowing insurers to use proprietary catastrophe models for rate filings in exchange for commitments to expand coverage by at least 5% annually in high-risk areas. This "Sustainable " aimed to incentivize market participation amid ongoing risks, with early 2025 announcements from five major carriers, including Mercury and , pledging to maintain or grow policies despite recent Los Angeles-area fires projected to generate $25–39 billion in insured losses. However, critics argue that persistent rate suppression and litigation incentives under Proposition 103 perpetuate the crisis by discouraging private capital, as evidenced by reinsurers' reluctance and the Plan's growing risks from unpriced exposure. Early data from the strategy show modest capacity increases, but the 2025 fire season's escalation underscores unresolved tensions between consumer protections and actuarial .

Role of the FAIR Plan as Insurer of Last Resort

The California FAIR Plan Association functions as the state's insurer of , mandated by statute to furnish basic —primarily against , , and related perils—to applicants unable to procure equivalent coverage from at least three admitted insurers or one quoting a exceeding specified thresholds. Established in 1968 amid urban riots and wildfires that prompted widespread withdrawals from high-risk areas, it operates as a joint association in which all California-licensed property insurers participate involuntarily, sharing premiums, losses, and administrative costs proportionally to their . The California Department of (CDI) regulates its rates, policy forms, and surplus requirements, positioning it as a temporary bridge rather than a permanent market solution, with coverage limited to basic perils excluding comprehensive homeowners elements like or unless supplemented separately. Operational funding derives from policyholder premiums augmented by member insurer assessments when claims and expenses surpass collected revenues and reserves, a mechanism that has historically distributed -related deficits across the broader industry without direct taxpayer subsidies. In practice, the Plan's assessments—totaling billions in recent cycles—elevate costs for voluntary insurers, potentially accelerating their reluctance to underwrite in California, while purchases and state-mandated hardening discounts for (introduced in 2023) aim to contain exposures. Eligibility requires documented market rejections, underscoring its residual role, though applicants must maintain property in compliance with state fire codes to avoid cancellation. Since 2017, intensified wildfires and correlated insurer non-renewals have transformed the FAIR Plan from a niche urban-focused entity into a backstop for high-risk zones, with residential insured values escalating 424% from $115 billion in September 2020 to $603 billion by June 2025. This expansion, driven by private market contraction amid regulatory rate approval delays under Proposition 103 and escalating catastrophe losses (e.g., $4 billion estimated from January 2025 fires alone), has prompted financial strains, including a pending 36% average rate increase request filed in 2025 for implementation in 2026—the largest in seven years—to bolster reserves against projected $1.5 billion annual deficits. Despite efforts to reverse FAIR Plan growth via sustainable strategies compelling private capacity in distressed areas, the Plan's ballooning portfolio signals underlying causal mismatches between risk pricing, land-use patterns, and regulatory incentives, rendering it vulnerable to insolvency without reforms.

Recent Reforms and Developments (2023–2025)

Catastrophe Modeling Approvals

In December 2024, the California Department of Insurance (CDI) finalized regulations expanding the use of catastrophe modeling in ratemaking, marking a shift from historical reliance on past loss data to forward-looking assessments of risks like wildfires, as part of Commissioner Ricardo Lara's Sustainable Insurance Strategy. These changes address insurer withdrawals from high-risk areas by allowing approved models to incorporate climate projections, mitigation credits, and reinsurance costs, with the aim of stabilizing premiums and encouraging market return. Previously, such modeling was limited primarily to earthquakes, reflecting constraints under Proposition 103's emphasis on actuarial data from recent experience. The approval process, governed by the Pre-Application Required Information Determination (PRID) procedure, began accepting petitions on January 2, 2025, via email to . Insurers must first petition for designation of a model advisor from an approved list, including Karen Clark & Company, , Moody's , and Verisk Extreme Event Solutions, who evaluate vendor-submitted models against criteria such as scientific validity, , and . Approved models must demonstrate robust hazard modules for perils like wildfires, assessments tied to characteristics, and financial projections calibrated to California-specific data, including , patterns, and building codes. reviews advisor recommendations, requiring public disclosure of non-proprietary elements to balance trade secrets with regulatory oversight. On July 24, 2025, completed its final review and approved the Verisk Wildfire Model for the , the first such endorsement for risk in ratemaking. This model, already validated by the Nevada Division of , enables insurers to factor probabilistic loss scenarios into rate filings, potentially reducing volatility post-disasters by accounting for mitigation efforts like defensible space. Reviews of models from Karen Clark & Company and Moody's remain ongoing as of that date. Insurers electing to use approved models or reinsurance loadings in filings must commit to writing at least 85% of their 2022 statewide market share in wildfire-distressed communities, with monitoring compliance through expanded policy data submissions. Complementing private model approvals, Senate Bill 429, the California Wildfire Public Catastrophe Model Act, signed by Governor on October 14, 2025, mandates development of a state-sponsored model to enhance and challenge proprietary algorithms. The directs , in collaboration with state universities, to create a multiyear framework for a publicly accessible model encompassing data, algorithms, and documentation, building on recommendations from a strategy group submitted in April 2025. This public tool aims to empower consumers and regulators with independent risk assessments, potentially informing rate approvals and mitigation incentives without overriding private model validations. Critics, including consumer advocates, have raised concerns that expanded modeling could lead to higher premiums by emphasizing projected risks over historical averages, though proponents argue it fosters market sustainability.

Proposed Changes to Rate Review Processes

In September 2025, proposed regulations to reform the intervenor process in rate reviews mandated by Proposition 103, aiming to improve , fairness, and accountability while addressing delays in approvals. The changes target the mechanism allowing public interest groups, such as Consumer Watchdog, to intervene in rate hearings for personal lines increases exceeding 6.9%, where intervenors can receive compensation from insurers for substantial contributions to the proceedings. Under the proposals, the would gain authority to approve intervenor compensation fees, clarify eligibility standards for funding, and require detailed reporting on intervenor activities to prevent abuse and ensure alignment with consumer interests rather than protracted litigation. These reforms emerge amid California's homeowners insurance crisis, where stringent prior-approval requirements under Proposition 103—enacted in —have contributed to insurer exits and reduced capacity, particularly in wildfire-prone areas, by extending rate review timelines beyond statutory 60- to 180-day limits due to intervenor challenges. Proponents, including industry representatives, argue the changes would expedite reviews, lower legal costs passed to policyholders (estimated in millions per major filing), and facilitate rate adjustments incorporating catastrophe modeling and reinsurance expenses, as outlined in Lara's Sustainable Insurance Strategy launched in 2024. For instance, the regulations would mandate intervenors to demonstrate specific consumer benefits from their participation, potentially curbing interventions perceived as ideologically driven rather than evidence-based. Critics, primarily consumer advocacy organizations like Consumer Watchdog, contend the proposals undermine Proposition 103's voter-approved safeguards against excessive rates by consolidating power in the —appointed rather than elected—and limiting oversight, labeling it as retaliatory following legal disputes over rate hearings. These groups, which have secured over $4.62 billion in rate reductions since per their claims, assert that intervenor fees—capped and justified by court standards—represent a fraction of filings and have historically lowered premiums through scrutiny of insurer data. However, analyses question the net value of interventions, noting prolonged processes exacerbate market contraction without commensurate consumer savings, as evidenced by California's uniquely high reliance on the FAIR Plan, which grew to over 1.5 million policies by mid-2025. The proposed rules, spanning 27 pages and integrated into broader filing guidelines, also include extensions to initial review periods (up to 30 days for completeness checks) and requirements for insurers to submit reconciled data and guidelines, building on August 2024 bulletins for streamlined catastrophe-inclusive filings. As of October 2025, the regulations remain in public comment phase, with implementation pending administrative approval, potentially influencing the approval of pending rate requests like Allstate's 7.3% homeowners increase filed in late 2025. These changes reflect ongoing tensions between regulatory caution and market , where of insurer non-renewals—over 10% annually in high-risk zones—suggests rigid processes may causally deter capital inflows absent reforms.

Controversies and Criticisms

Impacts of Proposition 103 on Market Stability

Proposition 103, voter-approved in November 1988, imposed prior approval requirements for insurance rate changes exceeding 7% for personal lines and 15% for commercial lines, along with provisions allowing consumer intervenors to challenge filings and recover costs from insurers. This framework aimed to protect consumers from excessive premiums but has been linked to diminished market stability through delayed risk pricing and reduced insurer incentives to operate in . indicates that the regulatory hurdles have contributed to a contraction in available coverage, particularly in , as companies face prolonged approval processes—often lasting months or years—for adjustments needed to cover escalating catastrophe risks like wildfires. The rate regulation has eroded by deterring new entrants and prompting existing insurers to restrict or exit the state, leading to a less resilient . For instance, since the 2017-2018 seasons, at least a dozen major property insurers, including and , have significantly curtailed new policies or ceased writing business in high-risk areas, citing inability to achieve timely rate adequacy under Proposition 103's constraints. This exodus has shifted risk to the California FAIR Plan, the insurer of last resort, whose policies surged from about 140,000 in 2018 to over 1 million by 2023, exposing policyholders to higher deductibles and limited coverage while straining the plan's capacity. Critics argue that the system's inflexibility prevents actuarial pricing reflective of true risks, fostering undercapitalization and volatility rather than stability, as evidenced by California's homeowners facing a coverage shortfall estimated at $1.35 trillion to $2 trillion as of 2023. While proponents, including groups, claim 103 stabilized premiums by curbing excessive hikes—saving an estimated $150 billion cumulatively through 2022—these benefits have not extended to property lines, where suppressed rates have amplified risks amid climate-driven losses exceeding $30 billion annually in recent years. analyses, such as those from the National Association of Mutual Insurance Companies, contend that the intervenor process adds procedural delays and costs, further discouraging without commensurate protections in dynamic risk environments. Overall, the proposition's emphasis on rate suppression over market-driven adjustments has prioritized short-term affordability at the expense of long-term availability, contributing to a cycle of insurer withdrawals and heightened reliance on government-backed mechanisms, which undermines the private sector's capacity to absorb shocks. This dynamic contrasts with less regulated states, where faster rate responsiveness has sustained broader coverage amid similar perils, highlighting Proposition 103's causal role in California's insurance instability.

Allegations of Regulatory Capture and Transparency Failures

Critics, including consumer advocacy organizations, have alleged that the California Department of Insurance () exhibits signs of , where industry interests unduly influence regulatory decisions through and financial contributions to the elected . In 2022, Comp Management Services (Comp Carrier) reportedly spent approximately $2 million on efforts directed at to sway the approval of a transaction involving Applied Underwriters, prompting Governor to sign legislation aimed at curbing such influence by enhancing disclosure requirements for insurance commissioner interactions. Consumer Watchdog, a nonprofit , accused of covering up details of an Applied Underwriters influence campaign in early 2022, claiming the department withheld embarrassing disclosures to protect itself from scrutiny. Additionally, Ricardo Lara, elected in 2018 and reelected in 2022, received substantial campaign contributions from insurance industry donors, leading outlets like Jacobin to characterize him as the "industry's favorite Democrat" amid concerns over potential conflicts in overseeing rate approvals and market conduct. These allegations posit that such financial ties compromise the department's independence, particularly in a state where Proposition 103 mandates strict consumer protections but allows for elected officials to navigate heavy industry . Transparency failures have drawn repeated lawsuits and rebukes from consumer groups, centering on CDI's handling of public records requests under the (CPRA). In February 2023, Consumer Watchdog filed a asserting that CDI failed to adequately search for and produce records related to a government corruption scandal involving insurance practices, arguing this undermined public oversight of potential misconduct. A January 2023 decision favorable to CDI on CPRA exemptions was criticized by the same group as encouraging broader government secrecy in insurance regulation. Further, in May 2025, ABC7 News reported that despite Commissioner Lara's pledges of transparency, CDI did not disclose the business purposes of his taxpayer-funded trips, which included safaris, limousine services, and stays at 5-star resorts totaling over $19,000 in prorated costs for one instance. In July 2025, consumer advocates sued Lara for denying compensation to intervenors in Proposition 103 rulemakings, alleging retaliation against that opposed department policies, thereby chilling transparency in regulatory processes. The California FAIR Plan, administered under CDI oversight as the insurer of last resort, has faced specific criticism for opaque operations amid its growth to over 1 million policies by , with detractors arguing that the lack of detailed public data on risk assessments and financial exposures exacerbates gaps during crises. In November 2024, Commissioner Lara responded to bipartisan criticism by defending a reform proposal against charges of insufficient in mechanisms for insurer commitments. These incidents, often litigated by groups like , highlight systemic concerns that CDI's internal processes prioritize administrative expediency over verifiable public access, though department officials maintain compliance with legal standards while pursuing reforms like enhanced intervenor funding rules announced in September .

Evaluations of Effectiveness and Impact

Economic and Consumer Outcomes

The California Department of Insurance's regulatory framework, particularly the prior approval system established by Proposition 103 in , has contributed to reduced insurance availability and increased costs for consumers in high-risk areas, as evidenced by the exodus of major insurers and the surging enrollment in the state-backed FAIR Plan. By September 2024, the FAIR Plan held over 350,000 policies with $529 billion in exposure, reflecting a 15% increase from the prior and a approaching primary insurer levels in wildfire-prone regions. This growth stems from private carriers non-renewing policies at rates significantly higher in ZIP codes with elevated climate-related risks, leaving consumers with fewer options and exposing the market to instability. Consumer affordability has deteriorated, with average annual homeowners premiums in reaching $1,468 in 2024—a 34.58% increase from 2022—often exceeding national averages in affected areas due to unadjusted risk pricing under Proposition 103's constraints. The FAIR Plan, functioning as an insurer of without subsidies, imposes high deductibles and assessments on all policyholders statewide to cover deficits, with its written premiums surging 199% from $0.424 billion in 2021 to $1.267 billion in 2024. In October 2025, the FAIR Plan sought a 35.8% average rate hike following January wildfires, potentially pushing costs for some policyholders even higher and exacerbating financial strain amid a projected statewide coverage shortfall of $1.35 trillion to $2 trillion. Economically, these outcomes have ripple effects, including deterred and sales in underserved regions, as uninsurable or cost-prohibitive properties hinder approvals and depress property values. Proposition 103's rate review process, while credited by advocates with saving over $150 billion in auto premiums since enactment, has been critiqued for delaying necessary adjustments to risks, fostering where only high-risk properties remain in private markets and amplifying systemic vulnerabilities. Overall, the CDI's emphasis on rate suppression over risk-based pricing has prioritized short-term consumer relief at the expense of long-term market sustainability, resulting in higher effective costs through assessments and reduced competition.

Comparative Analysis with Other States

California's insurance regulatory framework, established primarily through Proposition 103 in 1988, imposes prior approval requirements for property and casualty rate changes exceeding 7% annually, contrasting with the file-and-use or use-and-file systems prevalent in most other states, which permit insurers to implement rates immediately or after filing with regulators. This stringent oversight in has contributed to delayed rate adjustments amid rising risks, prompting over a dozen insurers to restrict or cease new property policies since 2019, whereas states like and , despite their own hurricane vulnerabilities, allow quicker pricing responses that have facilitated market re-entry by carriers post-disasters. In terms of availability, California's market exhibits higher concentration and reliance on the state-backed FAIR Plan, with policies surging from 311,000 in 2018 to over 1 million by mid-2023—more than double 's exposure relative to private market share—while maintains broader private coverage options through flexible rating bands that accommodate risk without equivalent exodus. Data from 2024 indicate that California's private market contraction has left approximately 2% of homeowners uninsurable via standard carriers, exceeding rates in comparably high-risk states like (post-2022 reforms) and , where regulatory flexibility has preserved greater competition despite premium volatility. Average homeowners premiums in California averaged $1,563 annually in 2024, surpassing the average of $1,428 but trailing ($2,809) and ($3,639) due to regulatory caps that suppress explicit risk pricing, though this has masked underlying capacity shortages and inflated FAIR Plan assessments passed to policyholders. In contrast, less regulated markets in states like enable premiums to reflect localized perils more dynamically, fostering insurer participation but resulting in higher sticker prices; empirical analyses attribute California's post-Proposition 103 auto rate suppression (7% decline vs. 47% rise from 1989-2004) to similar mechanisms, yet property lines reveal long-term inefficiencies, with market volatility indices higher in California than in peer states by 2023. Regarding catastrophe response, California's prohibition until 2024 on incorporating costs into rates—unique among states—exacerbated insurer losses from events like the 2017-2021 wildfires totaling over $30 billion, leading to greater market hardening than observed in , where post-Hurricane reforms expedited $2 billion in rate approvals and stabilized participation. Texas's use of catastrophe modeling without prior approval has similarly supported resilience, with premiums climbing 20% annually post-2021 freezes but avoiding California's scale of non-renewals. Overall, these differences underscore California's regulatory model as less adaptive to empirical trends, correlating with reduced and elevated systemic vulnerabilities compared to counterparts emphasizing market-driven .

References

  1. [1]
    Department of Insurance (CDI) - CA.gov
    The California Department of Insurance (CDI) was created in 1868 as part of a national system of state-based insurance regulation.Missing: history | Show results with:history
  2. [2]
    California Department of Insurance | Insurance Business America
    The California Department of Insurance (CDI) was created in 1868 to regulate the growing insurance market in California. It became a full department in 1941 and ...
  3. [3]
    CDI's Vision, Mission, Values, and Goals
    California Organized Investment Network (COIN) Is a Collaborative Effort Between the California Department of Insurance, the Insurance Industry, Community ...
  4. [4]
    About the Commissioner - California Department of Insurance
    California Organized Investment Network (COIN) Is a Collaborative Effort Between the California Department of Insurance, the Insurance Industry, Community ...
  5. [5]
    Five defendants charged in multi-million-dollar life insurance fraud ...
    Apr 10, 2025 · Five individuals, including former insurance agents, have been charged in a large-scale insurance fraud scheme involving misrepresented life insurance policies.
  6. [6]
    $$3.2 Million Sober Living Home Fraud Scheme Shut Down
    Five defendants charged with multiple felonies for preying on vulnerable substance abuse patients to bilk insurance company out of millions.
  7. [7]
    CA insurance commissioner responds to criticism over lack of ...
    Nov 17, 2024 · Officials are calling on California's Insurance Commissioner Ricardo Lara to step down amid criticism over lack of transparency and ...
  8. [8]
    What Do California's Constitutional Officers Do - Insurance ...
    May 25, 2018 · The Insurance Commissioner's office was created by California Statute in 1868 ... Dave Jones is California's current Insurance Commissioner. He ...<|separator|>
  9. [9]
    About the Department - California Department of Insurance
    Led by Insurance Commissioner Ricardo Lara, the California Department of Insurance is the consumer protection agency for the nation's largest insurance ...Legal Branch/General Counsel · Administrative Hearing Bureau · Legislative Branch
  10. [10]
    The Office of the Elected Insurance Commissioner
    Jan 2, 1998 · In 1988, voter approved Proposition 103 made the California Insurance Commissioner an elective post in order to hold the Commissioner ...Missing: until | Show results with:until
  11. [11]
    The San Francisco earthquake of 1906: An insurance perspective | III
    In 1906, just as today, shake damage from earthquakes was excluded from standard property insurance policies. Damage from the fire which followed the earthquake ...
  12. [12]
    Insurance and the San Francisco Earthquake
    Jan 30, 2023 · The 1906 San Francisco Earthquake revealed how interconnected the insurance industry was and how connected it was with finance generally.<|separator|>
  13. [13]
    California Insurance Code Statutory History - Legislative Intent Service
    The California Insurance Code was enacted in 1935, but its laws date back to 1850 and 1872, with significant changes since 1935.
  14. [14]
    Background on Insurance Reform - A Detailed Analysis of California ...
    Jun 1, 2000 · Prior to 1988, California was one of the few states in the nation that did not require insurance companies to obtain regulatory approval of rate ...
  15. [15]
    [PDF] THE TROUBLESOME LEGACY OF PROP 103 - R Street Institute
    California took its first crack at insurance regulation in 1868, a year before Paul, but it was not until 1929 that the state founded a separate Division of ...
  16. [16]
    1988 Initiative General Election Results - California
    Jan 16, 2017 · Initiative: Proposition 103, Insurance Rates and Regulation, Popular Vote. Yes, 4,844,312, 51.13%. No, 4,630,752, 48.87%. Total Vote, 9,475,064 ...
  17. [17]
    Text of Proposition 103 - Consumer Watchdog
    On November 8, 1988, Californians passed the Insurance Rate Reduction and Reform Act, better known as Proposition 103.Missing: summary | Show results with:summary
  18. [18]
  19. [19]
    Prop 103 Consumer Intervenor Process
    Proposition 103, passed by California voters in November 1988, was intended to protect consumers from arbitrary insurance rates and practices.
  20. [20]
    Rethinking Prop 103's Approach to Insurance Regulation
    Nov 6, 2023 · Executive Summary. California voters passed Proposition 103 in 1988. Since that time, California's insurance market has struggled to keep ...
  21. [21]
  22. [22]
    California Commissioner of Insurance - Ballotpedia
    The commissioner oversees the California Department of Insurance, which regulates the state's insurance industry.
  23. [23]
    Insurers Facing Heat Under Unfair Competition Law Over Coverage ...
    Feb 5, 2025 · Insurance companies paid a reported $15.3 billion in the aftermath of the quake.
  24. [24]
    History of the California Earthquake Authority (CEA)
    Since the 1980s, California law has mandated that insurance companies selling homeowners insurance also offer earthquake insurance.
  25. [25]
    Insurance Departments - NAIC
    Ricardo Lara is California's eighth Insurance Commissioner since voters created the elected position in 1988. Lara previously served in the California ...Missing: establishment | Show results with:establishment
  26. [26]
    CFA Reveals California is the Only State Where Auto Insurance ...
    Jun 14, 2013 · Washington, D.C. – The average California auto insurance expenditure declined between 1989 and 2010, while every other state in the nation ...
  27. [27]
    California's Regulatory Restrictions Contribute to Risk Crisis | III
    Mar 14, 2024 · “Much has changed in the world since 1988 when Proposition 103 came into effect, and it's well over time to evolve California's insurance ...
  28. [28]
    Reform made real - California Department of Insurance
    Jul 24, 2025 · Under the Sustainable Insurance Strategy's new regulations, insurance companies will write higher risk homes affecting more than 1.5 million ...
  29. [29]
    California Approves First Wildfire Risk Model for Insurance Pricing
    Jul 29, 2025 · The California Department of Insurance (CDI) has finalized its review of the state's first approved wildfire catastrophe model.<|control11|><|separator|>
  30. [30]
    Commissioner Lara Announces Major Reforms to the Intervenor ...
    Sep 19, 2025 · Under Prop. 103, passed by voters in 1988, the Insurance Commissioner is responsible for ensuring that consumers do not pay more to insurance ...
  31. [31]
    Insurance commissioner proposes controversial changes to ...
    Oct 13, 2025 · The proposed changes are sprinkled through 27 pages of insurance regulations that set how rates are determined, and they put the commissioner ...<|separator|>
  32. [32]
    Long-shot ballot initiative could have huge effect on CA insurance
    Aug 12, 2025 · The group also cited a report that found Prop. 103 has saved California drivers more than $150 billion in auto insurance rates over the years, ...Missing: details | Show results with:details
  33. [33]
    Ricardo Lara proposes insurance rule that critics call 'revenge'
    Sep 24, 2025 · California Insurance Commissioner Ricardo Lara is proposing more new insurance rules that critics are calling “vindictive,” and which they ...
  34. [34]
    California Insurance Commissioner Attempts to Limit Consumer ...
    California Insurance Commissioner Ricardo Lara has proposed changing the rules that govern the intervenor compensation ...<|separator|>
  35. [35]
    About the Executive Team - California Department of Insurance
    Meet the California Department of Insurance Executive Management Team and read their Biographies. To reach them, please visit our Contact Us page.
  36. [36]
    Chief Deputy Commissioner - California Department of Insurance
    Michael Martinez was appointed by Insurance Commissioner Ricardo Lara to the position of Chief Deputy Commissioner on February 13, 2023.
  37. [37]
    Deputy Commissioner and CDI's Legislative Director
    Commissioner Lara appointed Josephine Figueroa to the position of the Department's Legislative Director and Deputy Commissioner over the Policy and Legislation ...
  38. [38]
    [PPT] California Department of Insurance Executive Level Organizational ...
    California Department of Insurance Executive Level Organizational Chart (February 2024)
  39. [39]
  40. [40]
    Market Conduct Division - California Department of Insurance
    The Market Conduct Division consists of the Field Claims Bureau and the Field Rating and Underwriting Bureau. These two bureaus conduct examinations of ...Missing: key | Show results with:key
  41. [41]
  42. [42]
    California Department of Insurance
    California Organized Investment Network (COIN) Is a Collaborative Effort Between the California Department of Insurance, the Insurance Industry, Community ...Check License Status · Contact Us · Consumer Resources · Applying for a License
  43. [43]
  44. [44]
  45. [45]
  46. [46]
  47. [47]
  48. [48]
    Rate Filing Review Process - California Department of Insurance
    For prior approval filings such as personal automobile rate filings or commercial package filings, the following timelines must be followed by the Rate ...
  49. [49]
    Rate Regulation Branch - California Department of Insurance
    RRB analyzes filings submitted by property and casualty insurers and other insurance organizations under California's prior approval statutes for most property ...Missing: process | Show results with:process
  50. [50]
    Rate Filings - California Department of Insurance
    The timelines followed by the Rate Regulation Division in reviewing rate filing applications from insurance companies. The review process has been greatly ...Rate Filings Lists · Prior Approval Rate Filing... · Virtual Viewing Room
  51. [51]
    Prior Approval Rate Filing Information
    The New Prior Approval Rate Application Process - A Tutorial, Edition ... Copyright © California Department of Insurance. Google™ Translation ...
  52. [52]
    [PDF] Bulletin 2024-7 Review of Rate Application
    Aug 9, 2024 · CALIFORNIA DEPARTMENT OF INSURANCE. PROTECT • PREVENT ... Since 1988, however, the Department's rate application review and approval process.
  53. [53]
    The Questionable Value of California's Rate Intervenors
    Jul 19, 2024 · A major reason that the intervenor system has been so disruptive is that CDI has not historically enforced Prop 103's “sufficient” pleading ...
  54. [54]
    CALIFORNIA'S PUSH TO ADDRESS THE PROPERTY INSURANCE ...
    Mar 10, 2025 · Streamlined Rate Filings: Recognizing industry concerns about the lengthy and complex rate approval process, the CDI issued proposed regulations ...
  55. [55]
    Rate Filing Applications - California Department of Insurance
    The change may be implemented by the company without prior approval from the Department of Insurance by stating the effective date. The effective date of the ...Missing: process | Show results with:process
  56. [56]
    Certificate of Authority - California Department of Insurance - CA.gov
    Certificate of Authority · Uniform Certificate of Authority Application (UCAA) · California State Specific Instructions · Property & Casualty Rate Filing ...Please Note · Certificate of Authority Forms · California State Specific...
  57. [57]
    Formation of an Insurance Company
    The Investigation Division investigates suspected fraud committed by insurance agents, brokers, public adjusters, bail agents, insurance companies and other ...
  58. [58]
    Certificate of Authority Section IV - Item #21
    No insurer shall be issued a Certificate of Authority other than a renewal Certificate of Authority for any of the classes set forth in Section 100 unless at ...
  59. [59]
    Certificate of Authority Section I - California Department of Insurance
    The Certificate of Authority application process consists of a thorough, comprehensive legal and financial review of the applicant's business.
  60. [60]
    Certificate of Authority Section IV - Item #4
    "No Certificate of Authority shall be granted to a foreign or alien applicant that has not actively transacted for three years the classes of insurance for ...<|separator|>
  61. [61]
    CIC § 700(c) - Certificate of Authority Status Filing
    All admitted companies must comply with California Insurance Code (“CIC”) Section 700(c) which provides, “(after the issuance of a certificate of authority, the ...
  62. [62]
    Article 3. Certificate Of Authority :: Insurance Code :: 2010 California ...
    The domestic insurer shall be entitled to like certificates and licenses to transact business in this state and shall be subject to the authority and ...
  63. [63]
    Search for Market Conduct Examination Reports
    Market conduct examination reports document the findings of the examiners. The reports posted here identify any alleged violations of CIC Section 790.03.
  64. [64]
    Insurance Commissioner Ricardo Lara launches investigation into ...
    Jun 12, 2025 · The California Department of Insurance has initiated a Market Conduct Examination of State Farm General Insurance Company, expanding its ongoing ...
  65. [65]
    Financial Surveillance Branch - California Department of Insurance
    FSB pursues its mission by conducting risk focused financial surveillance of the insurance industry to ensure it can provide the benefits and protections.
  66. [66]
    2025 Financial Filing Requirements and Instructions
    All filings must be submitted electronically. We are accepting electronic signature(s), verification, certification and notarization.Missing: oversight | Show results with:oversight
  67. [67]
    Article 4.1. Risk-based Capital For Insurers :: Insurance Code :: 2010 ...
    Additional capital is used and useful in the insurance business and helps to secure an insurer against various risks inherent in, or affecting, the business of ...Missing: CDI | Show results with:CDI
  68. [68]
    California Own Risk and Solvency Assessment Laws - Justia Law
    Own Risk and Solvency Assessment from CHAPTER 1, DIVISION 1 PART 2 of the California Insurance Code (2024)Missing: standards | Show results with:standards
  69. [69]
    Officially Filed Reports of Examination
    The following is a list of officially filed financial Reports of Examination of California domestic insurance companies. The reports are in Adobe Acrobat "PDF" ...
  70. [70]
    Regulations & Guidance - California Department of Insurance - CA.gov
    Insurer Financial Regulation and Solvency, Corporate Transactions and Applications, and Reinsurance; F. Fraud and Criminal Investigations; G. Slavery ...
  71. [71]
    Cal. Code Regs. Tit. 10, § 2598.2 - Standards | State Regulations
    The following standards, either singly or a combination of two or more, may be considered by the commissioner to determine whether the continued operation ...
  72. [72]
    Article 13. Insolvency - Sections 980-989 :: California Insurance Code
    (e) On or after October 1, 1967, the commissioner shall prescribe standards for reasonably estimating the amount required to reinsure that will provide adequate ...
  73. [73]
    Conservation and Liquidation Office
    The valuation of each claim is determined in accordance with policy provisions and statutory requirements. Valid policyholder claims that are either not covered ...Missing: solvency | Show results with:solvency
  74. [74]
    [PDF] Department of Insurance
    Nov 15, 2024 · CDI, headed by an elected Insurance Commissioner since 1988, operates under the authority of Insurance Code sections 12900 through 12938.
  75. [75]
    Fair Claims Settlement Practices Regulations
    Fair Claims Settlement Practices Regulations ; Section 2695.7, Standards for Prompt, Fair and Equitable Settlements ; Section 2695.8, Additional Standards ...
  76. [76]
    California Claims Handling Requirements: A Guide
    May 15, 2024 · The 40 days guideline is a requirement that the insurance company accept or reject your claim within 40 days of receiving your proof of claim.California Claims Handling... · What Are The 40 Days Fair... · What Are The 2695.9...
  77. [77]
    California Insurance Code § 790.03 (2024) - Justia Law
    (h) Knowingly committing or performing with such frequency as to indicate a general business practice any of the following unfair claims settlement practices:.
  78. [78]
    Getting Help - California Department of Insurance
    California Organized Investment Network (COIN) Is a Collaborative Effort Between the California Department of Insurance, the Insurance Industry, Community ...Health Provider Complaints · Consumer Complaint · Contact Us · Technical Tips<|separator|>
  79. [79]
    Claim/Coverage Dispute Resolution Help (CA) - United Policyholders
    The CDI has attorneys and complaint-handling staff whose job it is to help resolve insurance claim problems. Filing a complaint is the first step you'll ...
  80. [80]
    Health Care Providers Guide To The Complaint Process
    Before you file a complaint with the California Department of Insurance, you should first submit the dispute to the insurer's Dispute Resolution Mechanism.
  81. [81]
    Automobile Claims Mediation Program
    This program uses mediation to bring you and your insurance company together in an informal meeting with a qualified mediator in an attempt to resolve the ...
  82. [82]
    Residential Property and Earthquake Claims Mediation Program
    (Revised November 2019). What Is Mediation? It is an informal, inexpensive, and non-adversarial way to resolve your dispute with your insurance company.What Is Mediation? · Who Is Eligible For... · How Does The Mediation...
  83. [83]
    California Code, Insurance Code - INS § 790.03 - Codes - FindLaw
    (8) Attempting to settle claims on the basis of an application that was altered without notice to, or knowledge or consent of, the insured, his or her ...
  84. [84]
    [PDF] BULLETIN 2022-5 Allegations of Racial Bias and Unfair ...
    Jun 30, 2022 · Department of Insurance (Department) to investigate unfair and discriminatory practices by ... laws prohibiting discrimination when.
  85. [85]
    2695.7. Standards for Prompt, Fair and Equitable Settlements.
    No insurer shall discriminate in its claims settlement practices based upon the claimant's age, race, gender, income, religion, language, sexual orientation, ...
  86. [86]
    [PDF] California Insurance Equality Act - National Center for LGBTQ Rights
    What is the California Insurance Equality Act? ➢ The California Insurance Equality Act (AB 2208) is a non-discrimination statute.
  87. [87]
    [PDF] Notice re Compliance with Health Insurance Antidiscrimination ...
    Jun 15, 2020 · Health insurance regulated by the California Department of Insurance (Department) remains subject to California's antidiscrimination law.
  88. [88]
    Commissioner issues regulations prohibiting gender discrimination ...
    The Gender Non-Discrimination in Automobile Insurance Rating Regulation became effective on January 1, 2019. “My priority as Insurance Commissioner is to ...
  89. [89]
    Insurance Commissioner Ricardo Lara takes action to stop bias and ...
    Jun 30, 2022 · Insurance Commissioner Ricardo Lara takes action to stop bias and discriminatory use of consumer data by insurance companies.
  90. [90]
    Office of Civil Rights - California Department of Insurance
    The Office of Civil Rights (OCR) is responsible for CDI's compliance with State and Federal laws relating to discrimination, harassment, sexual harassment.
  91. [91]
    The FAIR Plan Was Meant to Insure Against Racism, Not Wildfires
    Feb 5, 2025 · How FAIR went from an attempt to end racial discrimination to what's now effectively an incentive to build homes in fire-prone neighborhoods is ...
  92. [92]
    New Timely Access to Care Standards Adopted by CA Department ...
    Mar 10, 2016 · These new standards make sure all California consumers can find a provider in their network and access to the care they need in a timely manner.
  93. [93]
    [PDF] Nondiscrimination and Access to Care for All Californians
    May 1, 2025 · This includes ensuring compliance with all state consumer protections, including antidiscrimination and coverage requirements that apply to all ...
  94. [94]
    Fraud Division Overview - California Department of Insurance
    Established in 1979, the Fraud Division is the largest law enforcement unit within the Enforcement Branch of the California Department of Insurance.Regional OfficesFraud Division Investigator ...Anti-Fraud ProgramsWhat is Insurance Fraud?Workers' Compensation Fraud
  95. [95]
    Automobile Fraud - California Department of Insurance
    During Fiscal Year 2023-24, the Fraud Division received 12,559 suspected fraudulent claims (SFCs), assigned 602 new cases, made 272 arrests, and referred 354 ...Missing: 2024 | Show results with:2024
  96. [96]
    Workers' Compensation Fraud - California Department of Insurance
    The Investigation Division investigates suspected fraud committed by insurance agents, brokers, public adjusters, bail agents, insurance companies and other ...
  97. [97]
    Property, Life and Casualty Fraud - California Department of Insurance
    During Fiscal Year 2023-24, the Fraud Division identified and reported 4,580 suspected fraud claims, assigned 52 new cases, made 16 arrests, and referred 21 ...Missing: statistics 2024
  98. [98]
    Enforcement Bureau I - California Department of Insurance
    The Enforcement Bureau I (EB I) litigates enforcement actions against license applicants and existing producer licensees and insurers.
  99. [99]
    Enforcement Bureau II - California Department of Insurance
    The Enforcement Bureau II (EB II) litigates enforcement actions against ... Copyright © California Department of Insurance. Google™ Translation ...
  100. [100]
    Search for Enforcement Actions - California Department of Insurance
    Use this search page to locate initiating and concluding pleadings and documents for enforcement actions that the Department takes against its licensees.
  101. [101]
    California Department of Insurance brings enforcement actions ...
    Oct 3, 2025 · California Department of Insurance brings enforcement actions against Tesla Companies to stop insurance business practices harming California ...
  102. [102]
    Investigation Division Overview - California Department of Insurance
    The Fraud Division investigates suspected fraud committed by consumers or organized criminal elements perpetrated against insurance companies. Investigation ...
  103. [103]
    Insurance Fraud is a Felony Information Guides
    The punishment for committing insurance fraud ranges from probation, fines, community service, restitution, confinement in county jail and/or state prison.
  104. [104]
    Insurance Fraud - Sacramento County District Attorney's Office
    Mar 14, 2025 · The Insurance Fraud Unit handles workers' compensation fraud, automobile insurance fraud, and organized automobile fraud cases.
  105. [105]
    Insurance Fraud - San Francisco District Attorney's Office
    Consumers are impacted with increased premiums to cover the fraudulent claims and may face reduced coverage to mitigate the risk of fraud, limited availability ...
  106. [106]
    Community Relations and Outreach Branch
    In addition to CDI's hotline, 1-800-927-4357, we provide guides to help consumers understand insurance coverages and terms, prepare them for the process of ...
  107. [107]
    Partnership Initiative - California Department of Insurance
    Initiative Goals · Increase consumer awareness of CDI's role, responsibilities and available services · Expand awareness of insurance access and fraud prevention ...
  108. [108]
    [PDF] 2024 Report to the Legislature & Consumer Education and Outreach ...
    Mar 15, 2024 · 2024 Report to the Legislature & Consumer Education and ... The California Department of Insurance continued a two-part research study of.
  109. [109]
    [PDF] 2025 Report to the Legislature & Consumer Education and Outreach ...
    Mar 15, 2025 · 2025 Report to the Legislature & Consumer Education and Outreach Plan ... California Department of Insurance (CDI) Report to the Legislature.
  110. [110]
    Prelicensing and Continuing Education Information
    The Education Unit within the Curriculum and Officer Review Bureau reviews applications for prelicensing and continuing education providers and their courses.Prelicensing Educational a · Definitions · Locating Courses · Locating Providers
  111. [111]
    Resident - Provider Continuing Education Courses
    The following links providing information on the continuing education courses, outlines, and training material for California resident licensees.
  112. [112]
    [PDF] California Department of Insurance Ethics Training Course ...
    Ethics training may include subjects such as fair trade practices, fair claims practices, fair underwriting practices, fair sales practices, market conduct, ...
  113. [113]
    Annuity Training-Insurer and Agency List (LOLP)
    To assist insurers and insurance agencies in monitoring their agents' compliance with the annuity training requirement, the California Department of Insurance ...
  114. [114]
    Non-Resident Training Materials - California Department of Insurance
    The following links provide outline and training material for California non-resident licensees. This material is available in Portable Document Format (PDF).
  115. [115]
    Curriculum Board - California Department of Insurance - CA.gov
    The Curriculum Board (Board) oversees the development of prelicensing and continuing education curriculum for agents, brokers, bail agents, and insurance ...
  116. [116]
    SIU Compliance Office - California Department of Insurance
    The SIU Compliance Unit examines insurers' anti-fraud operations, evaluates annual reports, and conducts risk assessments to select insurers for review.
  117. [117]
    SIU Requirements Training Video - California Department of Insurance
    After viewing the SIU Requirements Training Video, please download a copy of the SIU Requirements Certificate.
  118. [118]
    SIU Compliance Review Program - California Department of Insurance
    The primary responsibility of the Special Investigative Unit (SIU) Compliance Review Program is to inspect insurance companies and evaluate regulatory ...
  119. [119]
    Property Casualty (Re)Insurance Ratings Not Affected by California ...
    Jan 13, 2025 · Notably, the wildfire seasons of 2017 and 2018 included the Tubbs and Camp Fires with insured losses of $11.1 billion and $12.5 billion ...Missing: present | Show results with:present
  120. [120]
    Triple-I: California's Insurers Still Feel Impact of 2017-2018 Wildfires
    Sep 21, 2023 · California's homeowners insurers cumulatively paid out more than twice as much in claims and expenses as they collected in premiums in both 2017 and 2018.
  121. [121]
    California Wildfire Insurance Crisis: How We Got Here
    The wildfires in 2017 and 2018 alone wiped out decades of underwriting profits. Rebuilding costs started to rise due to the sheer number of homes destroyed ...
  122. [122]
    Why California's Homeowners' Insurance Market Collapsed—and ...
    May 11, 2025 · Regulatory failures that have driven the chaotic collapse of California's homeowners' insurance market.
  123. [123]
    California Insurance Market: Another Victim of the War on Prices
    Jan 10, 2025 · California's price controls, whereby regulators must approve proposed premium increases, require insurers to submit detailed justifications ...<|separator|>
  124. [124]
    California Fire Insurance Crisis: Why Insurers Are Cancelling ...
    Oct 3, 2025 · This means that for a year after the official emergency declaration, insurance companies can't cancel your existing homeowners' insurance, ...
  125. [125]
  126. [126]
    [PDF] CDI FACT SHEET: Data on Insurance Non-Renewals and FAIR Plan
    $$5 million or more in written premium in homeowners and dwelling fire insurance lines, representing approximately 98% of the homeowners' insurance market.<|separator|>
  127. [127]
    Department of Insurance expanding coverage for Californians who ...
    Aug 1, 2025 · Companies are already announcing they will expand in the state, helping to ease the insurance availability crisis caused by growing wildfires.
  128. [128]
    Five Insurance Companies Commit to Staying in California Amid ...
    Sep 25, 2025 · Governor Gavin Newsom announced that five major insurers, including Mercury and USAA, will continue coverage in California, offering more ...
  129. [129]
    Industry insured losses for Los Angeles wildfires - Milliman
    Feb 14, 2025 · We estimate the insurance industry losses for the Palisades and Eaton fires at $25.2 billion to $39.4 billion using California Department of Forestry and Fire ...
  130. [130]
    Update: Re/Insurer Losses From LA Wildfires Expected to Be ...
    Jan 10, 2025 · “Significant wildfire losses in the first two weeks of 2025 could rapidly deplete the catastrophe budgets of U.S. primary insurers.
  131. [131]
    About - The California FAIR Plan
    The FAIR Plan is an insurer of last resort, established by statute to provide basic property insurance to Californians statewide when no other option is ...
  132. [132]
    The lowdown from UP on the California FAIR Plan, the last resort ...
    The California FAIR Plan Association (FAIR Plan) is a “last resort” option for people to insure their home when they have been unable to find a company willing ...
  133. [133]
    Structure of the California FAIR Plan and the financial challenges
    Apr 23, 2025 · To address these challenges, the FAIR Plan, the insurance of last resort, relies on reinsurance, assessments, and new legislative efforts ...
  134. [134]
    California FAIR Plan - California Department of Insurance
    Established more than 50 years ago to provide insurance options for Californians, the FAIR Plan's mission is to protect consumers. The Department of Insurance, ...
  135. [135]
    [PDF] California FAIR Plan: Implications for Insurers From Los Angeles ...
    Jan 14, 2025 · This client alert discusses the background of the FAIR Plan, the process of assessing member insurers, and relevant recent developments in the ...
  136. [136]
    News - The California FAIR Plan
    The California FAIR Plan Association announced that it will introduce new home hardening discounts, effective August 23, 2023, for policyholders.Missing: growth | Show results with:growth
  137. [137]
    Tracking the Growth of Residential Exposure in California's FAIR Plan
    Aug 18, 2025 · Between September 2020 and June 2025, FAIR residential exposure grew 424%, reaching $603 billion as of June 2025. Additional FAIR Plan exposure ...
  138. [138]
    California's 'last resort' property insurer seeks rate hike, ringing ...
    That proposal will be reviewed by state Insurance Commissioner Ricardo Lara. FAIR Plans typically provide only bare-bones coverage, and ...
  139. [139]
  140. [140]
    Sustainable Insurance Strategy - California Department of Insurance
    Insurance companies will be required to write more policies in wildfire-distressed areas and reverse the growth of the FAIR Plan, California's “last resort” ...
  141. [141]
    Insurance Model Advisor and Pre-Application Required Information ...
    Catastrophe modeling is one component of the Sustainable Insurance Strategy, and the Department finalized new regulations on catastrophe models in December 2024 ...Missing: 2023-2025 | Show results with:2023-2025
  142. [142]
    California Department of Insurance Completes Final Review of ...
    Jul 24, 2025 · Catastrophe models are accepted as a part of ratemaking in all states. The Verisk Wildfire Model is already approved by the Nevada Division of ...
  143. [143]
    California's new Wildfire Catastrophe Model will challenge ...
    Oct 14, 2025 · Gavin Newsom signed a first-in-the-nation law into effect on Friday, which lawmakers say will push back on “secretive” wildfire risk algorithms ...
  144. [144]
    Public Wildfire Catastrophe Model Strategy Group
    The strategy group will create recommendations for a public wildfire catastrophe model to the Insurance Commissioner by April 2025.
  145. [145]
  146. [146]
    Wildfire safety leads Commissioner Lara's agenda as Governor ...
    Insurance Commissioner Ricardo Lara announced new wildfire safety protections for California consumers as Governor Gavin Newsom signed three ...
  147. [147]
    California to allow catastrophe modeling for insurance rates, raising ...
    Jul 25, 2025 · California will allow catastrophe modeling for wildfire risk, potentially raising premiums, and requires insurers to write more policies in ...
  148. [148]
    Reforms proposed to insurance intervenor process could ease ...
    Sep 29, 2025 · Lara said the changes are designed to bring greater transparency and accountability by clarifying standards for intervenor compensation, ...
  149. [149]
    Prop 103 California Insurance Reform - Consumer Watchdog
    Prop 103 scrutinizes major insurance price increases in California and has lowered insurance rates and saved Californians over $4.62 Billion.Missing: details | Show results with:details
  150. [150]
    California's Proposed Filing Regulations: Three Key Changes
    The proposed changes extend review time to 30 days, redefine complete rate applications with data reconciliation, and require underwriting guidelines.
  151. [151]
    Limited Home Insurance Options in California As Major Carriers Pull ...
    Aug 12, 2024 · Proposition 103's stringent rate increase limitations keep California's home insurance prices artificially low. The California Department of ...
  152. [152]
    California in Crisis Turned Catastrophe: How We Got Here and How ...
    Proposition 103 plays a major role in creating the current state of the California insurance market. Adopted by a narrow vote in 1988, the Prop 103 ballot ...
  153. [153]
    [PDF] Revisiting the Lingering Myths About Proposition 103.indd
    Proponents of government price controls, however, have continued to insist that. Proposition 103 was responsible for bringing down auto insurance premiums in ...
  154. [154]
    Commissioner Lara takes major step to increase insurance ...
    Nov 14, 2024 · This “first-of-its-kind in California's history” regulation strengthens Prop. 103 by establishing unprecedented coverage commitments from insurance companies.<|control11|><|separator|>
  155. [155]
    California Insurance Market Issues | Proposition 103 | CA TX
    Apr 16, 2024 · Challenges with Proposition 103. For many, Proposition 103 has made it nearly impossible to raise rates to accommodate changing risk profiles.
  156. [156]
    California's Homeowners Insurance Market Is a National Bellwether
    May 27, 2025 · The study finds premiums and nonrenewal rates are significantly higher in ZIP codes with relatively high expected losses from climate-related perils.
  157. [157]
    Map Shows Where Home Insurance Costs Most—and Least
    Aug 28, 2025 · In California, the average annual premium jumped by 4.58 percent between 2023 and 2024 to $1,468 and by a staggering 34.58 percent between ...
  158. [158]
    California homeowners insurance: Current state of the market and ...
    Jan 22, 2025 · Note that each non-admitted insurer is required to have $45 million in capital for any California risk placement by licensed surplus line ...
  159. [159]
    California's home insurer of last resort seeks 36% rate hike following ...
    Oct 4, 2025 · The California FAIR Plan Assn., which covers homeowners denied insurance, is seeking a 35.8% rate increase, though some policyholders could ...
  160. [160]
    California's Homeowner Insurance Market Freefall: Regulatory Folly ...
    Jul 2, 2024 · Under California law, the elected insurance commissioner must approve rate hikes greater than 7 percent annually. Given the exponential growth ...
  161. [161]
    Homeowners insurance: Comparing Texas, California and Florida
    Dec 14, 2024 · Here's how the homeowner's insurance crisis compares in Texas, California and Florida and what those states are doing to combat it.
  162. [162]
    Property Insurance in California and Florida: A Problem of ... - SOA
    The state of California is currently experiencing major issues with the availability and affordability of homeowners insurance.
  163. [163]
    California leapfrogs Florida in US insurance risk - E&E News
    Jun 2, 2025 · New data shows record numbers of Californians cannot get coverage from insurance companies and must rely on the state insurer of last resort.
  164. [164]
    Can new state regulations resolve California's home insurance crisis?
    Dec 17, 2024 · There's no law requiring California property owners to carry insurance, but the vast majority buy it to protect themselves from fire and other perils.
  165. [165]
    Home Insurance Rates by State for 2025 | Bankrate
    The Evergreen State boasts low average homeowners insurance premiums when compared to the national average. ... home insurance rates: California, Maryland, ...
  166. [166]
    [PDF] proposition 103's impact on auto insurance premiums in california ...
    The data is clear: Proposition 103 has impacted California auto insurance premiums dramatically, causing a massive money-saving shift that reduced California ...
  167. [167]
    A Deeper Look at California's Homeowner Insurance Challenges
    Apr 10, 2025 · Prop 103 established a rate approval process and empowered an elected insurance commissioner to approve or reject rate changes. Prop 103 also ...