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0845 Department of Insurance
Program Descriptions
10 - REGULATION OF INSURANCE COMPANIES AND INSURANCE PRODUCERS
The objectives of this program are: (1) to prevent losses to policyholders, beneficiaries or the public due to the insolvency of insurers; (2) to prevent unlawful or unfair practices by insurers as defined by the Insurance Code; (3) to ensure that insurance rates are not excessive, inadequate, unfairly discriminatory, or otherwise in violation of the Insurance Code; and (4) to ensure that applicants for insurance licenses, and holders of insurance licenses, satisfy and maintain the qualifications for licensure.
12 - CONSUMER PROTECTION
The objective of this program is to provide direct service to California consumers by protecting insurance policyholders and other parties involved in insurance transactions against unfair or illegal practices with respect to claims handling, rating or underwriting by insurers. The objectives also include protecting applicants and policyholders from discriminatory, unlawful or fraudulent practices or incompetence relating to the sale of insurance.
20 - FRAUD CONTROL
The objective of this program is to protect the public and prevent economic loss through the detection, investigation, and arrest of insurance fraud offenders. The program is staffed by sworn peace officers who conduct criminal investigations of insurance fraud and related criminal cases.
30 - GENERAL FUND TAX COLLECTION AND AUDIT
This General Fund tax collection program performs tax collection, accounting, and tax audits of insurance companies and surplus line brokers. The program staff audits insurers' tax returns to determine compliance with the laws contained in both the California Insurance and Revenue and Taxation Codes and assists the Board of Equalization and the State Controller's Office with various refund, assessment, and accounting matters relative to the premium program. Tax collections from this program are deposited in the State General Fund.
50 - ADMINISTRATION
This program provides the overall policy direction for the Department, as well as all administrative functions including human resources, financial and business management, information technology, legislative, and legal services.
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