Insurance, or lack of it, touches virtually every aspect of the lives and businesses of Californians. California is the largest insurance market in the United States. In 2010 the California Department of Insurance, which oversees insurance regulation in the state, included over 1,300 employees, including over 80 attorneys. The Department regulates over 1,500 companies and over 340,000 brokers and agents. The Department’s budget is over $200 million per year. None of the Department’s budget comes from California’s general fund – fees and taxes imposed on the industry fund the Department’s budget. Direct premiums written in California exceed $115 billion per year. Gross premium taxes are the fourth largest source of General Fund revenue for the state ($2,135,000,000 in 2009-10). Only personal income tax, sales tax and bank and corporate tax contribute more. This is 4.65 times the tax revenue generated by California’s alcohol and tobacco taxes combined. The California State Bar includes a Standing Committee on Insurance Law.
The Center for Insurance Law and Regulation will post, from time to time, brief appellate updates reviewing recent rulings by the California Court of Appeal, the California Supreme Court, and the Ninth Circuit Court of Appeals. In addition, this site will include synopses of pending legislation. The Center will also post occasional research papers from students and others. Contact information for current members of the State Bar Standing Committee on Insurance Law will be included, along with schedules of meetings and events. Also, the Center will post useful web sites for the convenience of visitors to the site. Visitors are encouraged to forward other useful sites of which they are aware for consideration for inclusion.
Santa Clara University School of Law hopes the Center and this web site will further the teaching of insurance law and help forward thoughtful consideration of the many issues impacting insurance in California.
Robert W. Peterson
Professor of Law
Director, Center for Insurance Law and Regulation
School of Law Santa Clara University
Santa Clara, CA 95053
SANTA CLARA UNIVERSITY SCHOOL OF LAW LEGAL DISCLAIMER
The materials at this site, including the links to other Web sites, have been provided by Santa Clara University School of Law for informational purposes only and do not constitute legal advice, the practice of law, or the endorsement of the content provided by any linked site. Use of this site does not create or constitute, in any way, an attorney-client relationship between the Santa Clara University School of Law or its faculty, students or any individual contributors and the viewer of this site. Neither does Santa Clara University School of Law or any of its faculty, students or contributors to this web site assume any responsibility for any misinterpretation or misapplication of the information contained on this site by the viewer, or of the content of any Web sites linked to this site. Points of view or opinions at this site do not necessarily represent the official policies or positions of the Santa Clara University School of Law, its faculty or its students. Users of this site should not act upon any information received or contained therein without seeking the independent advice of professional legal counsel.