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Its budget is primarily derived from funds generated by license fees, assessments, and Proposition 103 recoupment fees. The CDI licenses over 1,500 insurance companies and more than 320,000 insurance agents and insurance brokers in the state of California, United States. The current California Insurance Commissioner is Ricardo Lara.
According to the California Insurance Commissioner, Proposition 103 "has saved consumers billions" since being implemented, specifically a $4.29 billion per year dividend. [5] It also claims "Californians spent 0.3% less on auto insurance in 2010 than they spent in 1989, while the nation spent 43.3% more".
The California Insurance Equality Act (AB 2208) [1] [2] is a state law that requires California insurance providers and managed care plans ( HMOs) to provide coverage for registered domestic partners that is equal to spousal coverage. [3] The law complements the California Domestic Partnership Rights and Responsibilities Act of 2003 [4] (AB 205 ...
It's no secret that the cost of college is rising, and the more competitive the school, the more it can charge. GOBankingRates looked at the cost to attend the top 50 colleges in the United States,...
Yale, however, has consistently opposed paying a tax on its academic property. [140] Yale's Art Galleries, along with many other university resources, are free and openly accessible. Yale also funds the New Haven Promise program, paying full tuition for eligible students from New Haven public schools. [141]
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
Middle-class parents rejoiced when Harvard University announced that it would only charge up to 10% of a family's income (those making between $60 up to $180K) for tuition. Not to be outdone, Yale ...
www .insurance .ca .gov. The California insurance commissioner has been an elected executive office position in California since 1991. Prior to that time, the insurance commissioner was appointed by the governor. The officeholder is in charge of the California Department of Insurance . The current insurance commissioner is Democrat Ricardo Lara .