Tag Archives: Proposition 103

California Adds Voluntary Review Before Insurers File Rate Applications

California Adds Voluntary Review Before Insurers File Rate Applications

Insurers seeking personal and commercial lines rate changes in California can go through a voluntary review process that makes the California Department of Insurance’s initial rate analysis public before they formally file rate applications. California Insurance Commissioner Ricardo Lara on Monday introduced the Comprehensiveness Review Regulation, which allows the CDI to publish initial rate range …