{"id":936,"date":"2024-10-09T19:44:59","date_gmt":"2024-10-09T19:44:59","guid":{"rendered":"https:\/\/sites.sandiego.edu\/cpil-blog\/?p=936"},"modified":"2024-10-09T19:44:59","modified_gmt":"2024-10-09T19:44:59","slug":"california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner","status":"publish","type":"post","link":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/","title":{"rendered":"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner"},"content":{"rendered":"<h3>By Lisette Cruz<\/h3>\n<p>On August 1, 2024, the California Department of Insurance (\u201cCDI\u201d or \u201cthe Department\u201d) published its <a href=\"https:\/\/perma.cc\/X2R7-YLM9\">2023 Annual Report of the Commissioner<\/a>, pursuant to California Insurance Code section 12922. The report is designed to describe the condition of the California insurance market and the Department\u2019s efforts to regulate the country\u2019s largest insurance market.<\/p>\n<p>In the report\u2019s opening letter to Governor Newsom, CDI Commissioner Ricardo Lara outlined the Department\u2019s initiatives to address the interests of Californians in stabilizing the insurance market and protecting consumers from ongoing climate change risks. In 2023, the Department announced the Sustainable Insurance Strategy\u2013the largest insurance reform since the passage of Proposition 103 in 1988. <em>[<a href=\"https:\/\/digital.sandiego.edu\/cgi\/viewcontent.cgi?article=3201&amp;context=crlr\">29:1 CRLR 67\u201368<\/a>; <a href=\"https:\/\/digital.sandiego.edu\/cgi\/viewcontent.cgi?article=3215&amp;context=crlr\">29:2 CRLR 60\u201362<\/a>]<\/em> Using multi-year wildfire data collections, this initiative attempts to protect consumers against climate threats while making insurance more readily available and affordable to residents and businesses.<\/p>\n<p>Following seven declarations of wildfire emergencies in California, the Department worked closely with the California Department of Forestry and Fire Protection and the California Office of Emergency Services to implement <u><a href=\"https:\/\/leginfo.legislature.ca.gov\/faces\/billNavClient.xhtml?bill_id=201720180SB824\">SB 824 (Lara) (Chapter 616, Statutes of 2018)<\/a><\/u> (authored by then-Senator Lara), which provides insurers with one-year protection to homes located adjacent to a declared wildfire emergency area.<\/p>\n<p>Additionally, the Department sponsored eleven bills in 2023\u2014with Governor Newsom signing five bills into law. The report highlighted 3,449 investigations, 664 executed search warrants, 859 cases submitted to the district attorney\u2019s office for prosecution, and $133,434,301 recovered for consumers following consumer complaints and market conduct examinations. Furthermore, the Diversity Initiative collaborated with the Department to launch the Insurance Diversity Index to measure insurance companies\u2019 commitment to diversity within its board appointments.<\/p>\n<a class=\"synved-social-button synved-social-button-follow synved-social-size-32 synved-social-resolution-single synved-social-provider-facebook nolightbox\" data-provider=\"facebook\" target=\"_blank\" rel=\"nofollow\" title=\"Follow us on Facebook\" href=\"https:\/\/www.facebook.com\/CPILUSD\" style=\"font-size: 0px;width:32px;height:32px;margin:0;margin-bottom:5px;margin-right:5px\"><img loading=\"lazy\" decoding=\"async\" alt=\"Facebook\" title=\"Follow us on Facebook\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"32\" height=\"32\" style=\"display: inline;width:32px;height:32px;margin: 0;padding: 0;border: none;box-shadow: none\" src=\"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-content\/plugins\/social-media-feather\/synved-social\/addons\/extra-icons\/image\/social\/circle\/64x64\/facebook.png\" \/><\/a><a class=\"synved-social-button synved-social-button-follow synved-social-size-32 synved-social-resolution-single synved-social-provider-twitter nolightbox\" data-provider=\"twitter\" target=\"_blank\" rel=\"nofollow\" title=\"Follow us on Twitter\" href=\"https:\/\/twitter.com\/cpilusd\" style=\"font-size: 0px;width:32px;height:32px;margin:0;margin-bottom:5px\"><img loading=\"lazy\" decoding=\"async\" alt=\"twitter\" title=\"Follow us on Twitter\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"32\" height=\"32\" style=\"display: inline;width:32px;height:32px;margin: 0;padding: 0;border: none;box-shadow: none\" src=\"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-content\/plugins\/social-media-feather\/synved-social\/addons\/extra-icons\/image\/social\/circle\/64x64\/twitter.png\" \/><\/a>","protected":false},"excerpt":{"rendered":"<p>By Lisette Cruz On August 1, 2024, the California Department of Insurance (\u201cCDI\u201d or \u201cthe Department\u201d) published its 2023 Annual Report of the Commissioner, pursuant to California Insurance Code section 12922. The report is designed to describe the condition of <a class=\"more-link\" href=\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1013,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[137854],"tags":[137804,138195,132877,132879,138244,138243,138245],"coauthors":[138175],"class_list":["post-936","post","type-post","status-publish","format-standard","hentry","category-major-publications-department-of-insurance","tag-annual-report","tag-cdi","tag-department-of-insurance","tag-doi","tag-stablizing-insurance-market","tag-susatinable-insurance-strategy","tag-wildfire-emergency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner - Consumer Protection Policy Center - Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_US\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner - Consumer Protection Policy Center - Blog\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"By Lisette Cruz On August 1, 2024, the California Department of Insurance (\u201cCDI\u201d or \u201cthe Department\u201d) published its 2023 Annual Report of the Commissioner, pursuant to California Insurance Code section 12922. The report is designed to describe the condition of Continue reading &rarr;\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Consumer Protection Policy Center - Blog\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-09T19:44:59+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"Katie Gonzalez\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"Katie Gonzalez\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/\"},\"author\":{\"name\":\"Katie Gonzalez\",\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/#\/schema\/person\/fdc87a266320b80c7a790bdc2a17df69\"},\"headline\":\"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner\",\"datePublished\":\"2024-10-09T19:44:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/\"},\"wordCount\":270,\"commentCount\":0,\"keywords\":[\"annual report\",\"CDI\",\"Department of Insurance\",\"DOI\",\"stablizing insurance market\",\"susatinable insurance strategy\",\"wildfire emergency\"],\"articleSection\":[\"Major Publications\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/\",\"url\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/\",\"name\":\"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner - Consumer Protection Policy Center - Blog\",\"isPartOf\":{\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/#website\"},\"datePublished\":\"2024-10-09T19:44:59+00:00\",\"author\":{\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/#\/schema\/person\/fdc87a266320b80c7a790bdc2a17df69\"},\"breadcrumb\":{\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/#website\",\"url\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/\",\"name\":\"Consumer Protection Policy Center - Blog\",\"description\":\"We work to protect and advance a reality where every citizen is protected by a government that is ethical, accountable, and transparent.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/#\/schema\/person\/fdc87a266320b80c7a790bdc2a17df69\",\"name\":\"Katie Gonzalez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"\/\/www.gravatar.com\/avatar\/367bf8ae36ed938af8637f2b96d85412?s=96&#038;r=g&#038;d=mmc97f81d333fa3b469936c6ead32ef1d5\",\"url\":\"\/\/www.gravatar.com\/avatar\/367bf8ae36ed938af8637f2b96d85412?s=96&#038;r=g&#038;d=mm\",\"contentUrl\":\"\/\/www.gravatar.com\/avatar\/367bf8ae36ed938af8637f2b96d85412?s=96&#038;r=g&#038;d=mm\",\"caption\":\"Katie Gonzalez\"},\"url\":\"https:\/\/sites.sandiego.edu\/cpil-blog\/author\/katie-gonzalez_gonzalez\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner - Consumer Protection Policy Center - Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/","og_locale":"en_US","og_type":"article","og_title":"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner - Consumer Protection Policy Center - Blog","og_description":"By Lisette Cruz On August 1, 2024, the California Department of Insurance (\u201cCDI\u201d or \u201cthe Department\u201d) published its 2023 Annual Report of the Commissioner, pursuant to California Insurance Code section 12922. The report is designed to describe the condition of Continue reading &rarr;","og_url":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/","og_site_name":"Consumer Protection Policy Center - Blog","article_published_time":"2024-10-09T19:44:59+00:00","author":"Katie Gonzalez","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Katie Gonzalez","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/#article","isPartOf":{"@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/"},"author":{"name":"Katie Gonzalez","@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/#\/schema\/person\/fdc87a266320b80c7a790bdc2a17df69"},"headline":"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner","datePublished":"2024-10-09T19:44:59+00:00","mainEntityOfPage":{"@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/"},"wordCount":270,"commentCount":0,"keywords":["annual report","CDI","Department of Insurance","DOI","stablizing insurance market","susatinable insurance strategy","wildfire emergency"],"articleSection":["Major Publications"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/","url":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/","name":"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner - Consumer Protection Policy Center - Blog","isPartOf":{"@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/#website"},"datePublished":"2024-10-09T19:44:59+00:00","author":{"@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/#\/schema\/person\/fdc87a266320b80c7a790bdc2a17df69"},"breadcrumb":{"@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/2024\/10\/09\/california-department-of-insurance-publishes-2023-annual-report-of-the-insurance-commissioner\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sites.sandiego.edu\/cpil-blog\/"},{"@type":"ListItem","position":2,"name":"California Department of Insurance Publishes 2023 Annual Report of the Insurance Commissioner"}]},{"@type":"WebSite","@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/#website","url":"https:\/\/sites.sandiego.edu\/cpil-blog\/","name":"Consumer Protection Policy Center - Blog","description":"We work to protect and advance a reality where every citizen is protected by a government that is ethical, accountable, and transparent.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sites.sandiego.edu\/cpil-blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/sites.sandiego.edu\/cpil-blog\/#\/schema\/person\/fdc87a266320b80c7a790bdc2a17df69","name":"Katie Gonzalez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"\/\/www.gravatar.com\/avatar\/367bf8ae36ed938af8637f2b96d85412?s=96&#038;r=g&#038;d=mmc97f81d333fa3b469936c6ead32ef1d5","url":"\/\/www.gravatar.com\/avatar\/367bf8ae36ed938af8637f2b96d85412?s=96&#038;r=g&#038;d=mm","contentUrl":"\/\/www.gravatar.com\/avatar\/367bf8ae36ed938af8637f2b96d85412?s=96&#038;r=g&#038;d=mm","caption":"Katie Gonzalez"},"url":"https:\/\/sites.sandiego.edu\/cpil-blog\/author\/katie-gonzalez_gonzalez\/"}]}},"_links":{"self":[{"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/posts\/936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/users\/1013"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/comments?post=936"}],"version-history":[{"count":1,"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/posts\/936\/revisions"}],"predecessor-version":[{"id":937,"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/posts\/936\/revisions\/937"}],"wp:attachment":[{"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/media?parent=936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/categories?post=936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/tags?post=936"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/sites.sandiego.edu\/cpil-blog\/wp-json\/wp\/v2\/coauthors?post=936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}