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Article: COMMISSIONER POIZNER ANNOUNCES 6% FEE REDUCTION FOR THOUSANDS OF SMALL BUSINESSES, INDIVIDUALS, RENEWS COMMITMENT TO CONSUMER PROTECTION
- Article from:
- US Fed News Service, Including US State News
- Article date:
- January 27, 2009
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The California Department of Insurance issued the following press release:
Unprecedented Cut in Fees for more than 300,000 Insurance Agents, Brokers and Adjusters; Consumer Protection and Fraud Fighting Programs Enhanced
Insurance Commissioner Steve Poizner announced a number of fee reductions today resulting in $10.3 million in annual savings including a six percent fee reduction for more than 300,000 licensed insurance agents, brokers and adjusters the vast majority of whom work in California's small businesses.
"It's important for government to operate as efficiently as possible and this is especially true in tough economic times," said Commissioner Poizner. "After completing a top down ...