Commissioner Jones appoints new deputy commissioner for rate regulation
News: 2016 Press Release
SACRAMENTO, Calif. — Insurance Commissioner Dave Jones today announced he is appointing Ken Allen as Deputy Commissioner of the Rate Regulation Branch for the California Department of Insurance. Allen will fill the vacancy left by Joel Laucher who was appointed the position Chief Deputy Insurance Commissioner in June.
Allen will lead the property-casualty rate regulation and prior approval processes and will negotiate hundreds of millions of dollars in savings for consumers. The Rate Regulation Branch is one of the busiest in the department, analyzing and processing thousands of insurance company rate and form filings annually.
"I am pleased to welcome Ken Allen to his new role as a Deputy Commissioner," said Commissioner Jones. "Ken is a knowledgeable, fair, and a dedicated professional who keeps consumer protection foremost in his priorities."
Allen joined the department's Rate Regulation Branch in 1989 when it was newly formed, after voters passed Proposition 103, which ushered in a new era of rate regulation in California and made the office of insurance commissioner an elected position.
During his 27 years with the department, Allen has worked in a variety of capacities, including Associate Insurance Rate Analyst, Senior Insurance Rate Analyst, and Supervising Insurance Rate Analyst/Bureau Chief since 2008.
Allen graduated from California State University, Fullerton with a Bachelor of Arts in Mathematics. He also earned his Chartered Property Casualty Underwriter designation in 1996 and his Accredited Insurance Examiner designation in 2008. Allen is also the President-Elect for the Insurance Regulatory Examiners Society.
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The California Department of Insurance, established in 1868, is the largest consumer protection agency in California. Insurers collect $310 billion in premiums annually in California. Since 2011 the California Department of Insurance received more than 1,000,000 calls from consumers and helped recover over $469 million in claims and premiums. Please visit the Department of Insurance website at www.insurance.ca.gov. Non-media inquiries should be directed to the Consumer Hotline at 800.927.4357. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.