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2 unusual facts about California Department of Insurance


California Department of Insurance

It also broadened the Department of Insurance's responsibility for enforcement to include property insurance, automobile insurance, life insurance and other types of casualty coverages, including a requirement that the property and casualty insurance premium rates must be pre-approved by the Department.

Crédit Lyonnais

The CDR notably agreed to pay US$525 million to the California Department of Insurance in order to head off a lawsuit over the Executive Life insurance scandal.


Cindy Ossias

In the early months of the year 2000, while serving as a long-time senior lawyer for the California Department of Insurance (CDI), Ossias leaked confidential documents exposing the allegedly illegal and corrupt activities of Chuck Quackenbush, then Insurance Commissioner of California and head of CDI, to the state legislative consultant investigating the Commissioner's actions.


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