California Department of Insurance Hosts Webinar on Navigating the Update

On Thursday, August 7, the California Department of Insurance (“CDI”) hosted a webinar to help insurers navigate the updated Complete Rate Application (“CRA”) intake process. The overarching goal of this updated process is to implement changes and processes that comply with the 60-30-30 timeline provided by CDI in Bulletin 2024-7, Revisions to Department Review of Complete Rate Applications. In short, this timeline aims to have CDI complete its review of a rate application within 60 days of the date of the filing’s public notice, with up to two 30-day extensions, if needed.

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