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From Wikipedia, the free encyclopedia The California Department of Insurance (CDI), established in 1868, is the agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in California.How does the CDI help consumers?
The CDI helps consumers by regulating how insurance companies market and administer their policies, and is charged with the responsibility of ensuring that insurance business transacted in the state is conducted in an honest, open, and fair manner.What is the California Insurance Code (CIC)?
The California Insurance Code (CIC) requires that the CDI provides licensing examinations for brokers and agents, and that the department must investigate suspected violations of the CIC by businesses and individuals who possess CDI licenses. The CDI also oversees the licensing of bail bond agents.What are the changes to the CDI Fraud Division in 2021?
Effective May 4, 2021: Referrals submitted through ISO/NICB will be submitted directly to the CDI Fraud Division for processing. Users are no longer required to log into the eFD-1 company portal to add additional information if they have already submitted and completed the California portion in ISO/NICB.