Company Profile
California Department of Insurance
Company Overview
The California Department of Insurance (CDI) ensures that consumers are protected; that the insurance marketplace is fostered to be vibrant and stable; that the regulatory process is maintained as open and equitable; and that the law is enforced fairly and impartially.
First created in 1868, the CDI licenses and regulates insurance companies, agents, and brokers in California. Currently the Department licenses over 1,800 insurance companies and more than 335,000 individuals and business entities as insurance agents, brokers, adjusters, and bail agents. License fees, assessments, and Proposition 103 recoupment fees are the primary sources of funding for the CDI. Today we have a complement of over 1,200 employees working to protect the consumers' insurance interests.