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California Department of Insurance is the apex institution for governing the insurance related issues in the state was found in the year 1868.
It makes the laws for the insurance as well as enforces the same. It protects the consumers of the state through making suitable policies. From time to time the organization has broadened its activities in different areas. According to the given statistics, presently the Department licenses around 1,500 insurance companies and more than 340,000 numbers of agents and brokers.
As it is the apex regulatory authority, it necessarily haves various steps to implement this from time to time, which are as follows:
- Enforcement
- Consumer Protection
- Licensing
- Criminal Investigations
- Conservation and Liquidation
- Financial Surveillance
The Department's Web site
www.insurance.ca.gov provides a clear picture regarding the clear information upon the insurance in California.
The information and the Contact details of the California Department of Insurance can be obtained are as follows:
California Department of Insurance
300 Capitol Mall, Suite 1700
Sacramento, CA 95814
Consumer Inquiries and Assistance
Consumer Communications Bureau
300 South Spring Street, South Tower
Los Angeles, CA 90013
800-927-HELP (4357)
Out-of-State Caller
213-897-8921
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Producer Licensing Bureau
California Department of Insurance
320 Capitol Mall
Sacramento, CA 95814
Sacramento Office
800-967-9331,
916-322-3555
Fraud Division
California Department of Insurance
PO Box 277320
Sacramento, CA 95827-7320
Phone: 916-854-5760
Fax: 916-255-3202
Fraud@Insurance.ca.gov
California Insurance Commissioner
John Garamendi has been elected for the second time as the insurance commissioner of California. In the year 1991 Garamendi was elected as California's Insurance Commissioner.
The sole aim of the commissioner in the state is protecting the consumers by facilitating through California Department of Insurance. For his competitiveness, President Bill Clinton ranked Garamendi as the number two position of the U.S. as in the year 1995.
The success stories of Garamendi is as follows:
- In his term he lowered homeowner and auto insurance rates.
- Created successful anti-fraud program within the Department of Insurance.
- Under his supervision the department gained as the best consumer protection agency in the nation.
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