California Department of Insurance Proposition 103 Recoupment Fee Assessment For Fiscal Year 2013-14
In 1988, California voters passed Proposition 103 that, among other things, would reduce insurance rates and require insurers to obtain prior approval from the California Department of Insurance (CDI) before implementing rate changes.
Notification pertaining to the Proposition 103 Recoupment Fee Assessment for Fiscal Year (FY) 2013-14 and Attachment A - Proposition 103 Administration Fees, which provides the FY 2013-14 annual assessment for each company, were mailed to insurers in October 2013.
Notifications are generic to all insurance companies subject to the Proposition 103 Recoupment Fee Assessment. The Attachment A - Proposition 103 Administration Fee Schedule is not available on the Web page. Please contact Peter Do to receive a duplicate copy for your company.
The following documents are available online for your reference:
If you have any questions concerning the Proposition 103 Recoupment Fee Assessment calculation, please contact George Yen. For questions regarding the Proposition 103 Recoupment Fee Assessment process, please contact Peter Do.
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