Posts Tagged: Department of Insurance
Opinion
OPINION: From mudslides to droughts, fires to earthquakes, natural disasters are an inexorable part of our way of life. Needless to say, the cost of these disasters is staggering. In 2018 alone, wildfires in our state accounted for nearly a quarter of all insurance company disaster claims nationwide.
Opinion
OPINION: California’s track record regarding treatment of its teachers is mediocre at best. Budget cuts, overcrowded classrooms, a lack of school supplies, paychecks completely out of touch with the cost of living—teachers know what it’s like to be low priority.
Opinion
OPINION: Recently Capitol Weekly printed an article by David Farber (“Don’t fix unbroken system for claims adjusters,” April 16) asserting that the California Department of Insurance (CDI) was advocating for a bill, SB 1291 by state Sen. Bill Dodd, which would, in Farber’s words, “create a shortage of claims professionals” in the aftermath of last year’s devastating wildfires. Farber couldn’t be more wrong.
Opinion
OPINION: The current system allows claims adjusting companies that employ professional adjusters to secure a license covering its employees, which is practical and efficient and meets the needs of California’s consumers. Far from unique, this system has been proven to work in states like Montana and Utah. However, if the department’s bill, SB 1291 is enacted, it would totally upend a perfectly functional system for licensing independent insurance adjusters by disallowing state licensing for companies to cover its professionals
Opinion
OPINION: According to the U.S. Census Bureau’s report The Supplemental Poverty Measure: 2015, nearly eight million people in California were living in poverty in 2015. The report indicated that the state’s poverty rate was 20.6 percent—well above the national rate of 15.1 percent—and surpassed the rates of every other state in the nation.