Dear Commissioner Lara: I am a California insurance agent and small business owner urging you to not proceed with the complete rate application regulation. It does not help the key goals of your Sustainable Insurance Strategy outlined on September 1, 2023. Insurance availability and depopulating the California FAIR Plan should be our industry's top priority now. The complete rate application regulation does not address modeling, reinsurance, or FAIR Plan financial liability. The complete rate application as currently drafted would make the current insurance crisis worse, as it never actually defines what a “complete” rate application is. It would open insurers up to an unlimited number of questions from CDI analysts, enabling them to ask for information that does not pertain to that specific rate application. You are correct that energy should be put toward implementing the Sustainable Insurance Strategy. It is a proactive and comprehensive approach that will safeguard California residents. I encourage you to refocus your energies on regulations that directly help fix the insurance market and increase availability for our customers.

Dear Commissioner Lara: As a dedicated California insurance agent and small business owner, I write to express my strong concern regarding the proposed complete rate application regulation. While I appreciate the efforts to align with the Sustainable Insurance Strategy outlined on September 1, 2023, I firmly believe that this regulation does not serve the best interests of California consumers. At present, our top priorities should be ensuring insurance availability and addressing the challenges faced by the California FAIR Plan. Unfortunately, the complete rate application regulation fails to adequately tackle these pressing issues. It neglects crucial aspects such as modeling, reinsurance, and the financial liabilities of the FAIR Plan. Moreover, the lack of clarity surrounding what constitutes a "complete" rate application is deeply concerning. This ambiguity would only exacerbate the ongoing insurance crisis by subjecting insurers to an endless barrage of inquiries from CDI analysts, many of which may be unrelated to the specific rate application at hand. I wholeheartedly agree that our focus should be on implementing the Sustainable Insurance Strategy—a proactive and comprehensive approach that prioritizes the well-being of California residents. I urge you to reconsider the proposed regulation and redirect your efforts towards measures that will truly enhance the insurance market and improve accessibility for California consumers. Thank you for your attention to this matter.

Dear Commissioner Lara: I am writing to you as both a California insurance agent and a small business owner to express my firm opposition to the complete rate application regulation currently under consideration. While I recognize the importance of aligning regulatory efforts with the goals outlined in the Sustainable Insurance Strategy of September 1, 2023, I believe that this particular regulation misses the mark and fails to address the most pressing issues facing California consumers. At this critical juncture, our primary focus should be on ensuring the availability of insurance and addressing the challenges posed by the California FAIR Plan. Regrettably, the complete rate application regulation does not adequately prioritize these concerns. It overlooks crucial aspects such as modeling, reinsurance, and the financial liabilities associated with the FAIR Plan. Furthermore, the lack of clarity surrounding the definition of a "complete" rate application raises serious concerns about the practical implications of this regulation. The ambiguity surrounding this term could lead to unnecessary burdens on insurers, potentially exacerbating the existing insurance crisis in California. I share your belief that our efforts should be directed towards implementing the Sustainable Insurance Strategy—a forward-thinking approach aimed at safeguarding the interests of California residents. I urge you to reconsider the proposed regulation and focus instead on measures that will effectively address the challenges facing our industry and improve access to insurance for our customers. Thank you for considering my perspective on this important matter.

Dear Commissioner Lara: Please cancel the hearing currently scheduled for March 26th regarding complete rate applications. I am a California insurance agent and small business owner and I’m worried about the state of the insurance market in California. My ability to serve California consumers is being severely impacted by my inability to write insurance. When you announced the Sustainable Insurance Strategy in September 2023, I had great hope this would give carriers the relief they need to begin writing policies again. I am deeply concerned at how slow progress has been since September. As an insurance agent, I can tell you the complete rate application proposal will do nothing to address current glaring problems in the market. As currently drafted, I believe the complete rate application would further slowdown rate application approvals, because it would lead CDI analysts to ask for all sorts of information that is not even related to the rate application, without any definition of when an application is “complete” or providing a reasonable time frame under which CDI analysts need to finalize their review. The Sustainable Insurance Strategy as outlined in September was poised to address some of the most immediate problems in the market. It would allow insurance companies to use modern tools such as catastrophe modeling and reinsurance as is already done in every state but California, and would address the growing financial liability in the California FAIR Plan. Commissioner Lara, I urge you to refocus CDI staff on draft regulations for modeling, reinsurance, and FAIR Plan financial risk.

Dear Commissioner Lara: I am writing to urgently request the cancellation of the upcoming hearing scheduled for March 26th regarding complete rate applications. As both a California insurance agent and a small business owner, I am deeply troubled by the current state of the insurance market in California, which is significantly impacting my ability to serve consumers effectively. When you introduced the Sustainable Insurance Strategy in September 2023, there was a sense of hope that it would provide much-needed relief to carriers and facilitate the resumption of policy writing. However, I am disheartened by the lack of urgency and slow progress we have witnessed since then. From my perspective as an insurance agent, it is evident that the proposed complete rate application regulation fails to address the critical issues plaguing the market. If implemented in its current form, I fear it would only exacerbate the delays in rate application approvals. The lack of clarity on what constitutes a "complete" application and the absence of a reasonable timeframe for CDI analysts to conclude their reviews are particularly concerning. The Sustainable Insurance Strategy, as outlined in September, held promise in tackling some of the most pressing challenges faced by our industry. It would enable insurance companies to leverage modern tools such as catastrophe modeling and reinsurance, practices already commonplace in other states but sorely lacking in California. Furthermore, it would address the mounting financial liabilities associated with the California FAIR Plan. Commissioner Lara, I implore you to redirect the focus of CDI staff towards drafting regulations that address modeling, reinsurance, and the financial risks inherent in the California FAIR Plan. These measures are crucial for revitalizing the insurance market and ensuring the well-being of California residents. Thank you for your attention to this matter.

Dear Commissioner Lara: I write to you today with a sense of urgency, urging the cancellation of the forthcoming hearing scheduled for March 26th regarding complete rate applications. As a California insurance agent and small business owner deeply invested in the vitality of our state's insurance market, I am deeply troubled by the current trajectory and its impact on our ability to serve consumers effectively. The introduction of the Sustainable Insurance Strategy in September 2023 brought with it a renewed sense of hope for our industry. However, the pace of progress since then has been frustratingly sluggish, leaving many of us grappling with a lack of access to markets and persistent challenges. As someone entrenched in the day-to-day operations of the insurance sector, I can attest to the fact that the proposed complete rate application regulation fails to address the root causes of our market's woes. Instead of streamlining the rate application process, it threatens to further complicate matters, with vague criteria for what constitutes a "complete" application and no defined timeframe for review. In contrast, the Sustainable Insurance Strategy, as outlined in September, offers a comprehensive roadmap for addressing our industry's most pressing needs. By empowering insurance companies to utilize modern tools such as catastrophe modeling and reinsurance, and by tackling the mounting financial liabilities associated with the California FAIR Plan, it presents a holistic solution to our challenges. Commissioner Lara, I urge you to redirect the focus of CDI staff towards drafting regulations that prioritize modeling, reinsurance, and the mitigation of financial risks within the California FAIR Plan. California consumers need access to more insurance carriers and these initiatives are critical for restoring confidence in our insurance market and safeguarding the interests of California consumers. Thank you for your attention to this matter.

Dear Commissioner Lara: I am a California insurance agent and am requesting that you abandon the complete rate application regulation. This is an old, problem-filled regulation that does nothing to implement the Sustainable Insurance Strategy you laid out so well in September 2023. The Sustainable Insurance Strategy is an important step forward to getting the insurance industry back on a solid footing in California. It addresses some of the bigger issues in the market currently: modeling, reinsurance, and the unlimited financial risk the FAIR Plan puts on traditional insurers. The complete rate application proposal does not fit into the framework you laid out so well in September. As an insurance agent, I believe the complete rate application regulation would take us backwards rather than move us forward. It does not even define when a rate application is complete, or what is required for an application to be considered complete by CDI. It will allow CDI analysts to ask insurers for an unlimited number of documents, even ones not related to that specific rate application. Please consider redirecting your staff back to implementing the Sustainable Insurance Strategy as quickly as possible. I would like to see CDI’s top priority being drafting regulations that could inspire confidence in the market and hopefully encourage insurers to start writing again in California and depopulating the FAIR Plan.

Dear Commissioner Lara, I am writing to respectfully request that you abandon the complete rate application regulation as it stands. As a California insurance agent deeply invested in the well-being of our industry, I believe this regulation is not only outdated but also counterproductive to the goals outlined in the Sustainable Insurance Strategy you articulated so effectively in September 2023. The Sustainable Insurance Strategy represents a crucial step towards revitalizing the insurance industry in California. By addressing key issues such as modeling, reinsurance, and the unsustainable financial risk posed by the FAIR Plan, it offers a comprehensive framework for progress. However, the complete rate application proposal fails to align with this forward-thinking approach. From my perspective as an insurance agent, I am deeply concerned that the complete rate application regulation would hinder rather than facilitate progress. Its lack of clarity regarding the criteria for a "complete" application and the open-ended nature of CDI's authority to request additional documents are particularly troubling. Our objective should be to encourage carriers to re-enter the marketplace and expand their appetite, and this regulation would discourage carriers from doing so. I urge you to reconsider the direction of this regulatory effort and refocus on implementing the Sustainable Insurance Strategy without delay. By prioritizing initiatives that inspire confidence in the market and incentivize insurers to resume writing policies in California while addressing the FAIR Plan's challenges, we can lay the groundwork for a stronger and more sustainable insurance landscape. Thank you for considering my perspective on this important matter.

Dear Commissioner Lara, I am writing to express my earnest request for the abandonment of the complete rate application regulation currently under consideration. As a dedicated California insurance agent, I am deeply committed to the success and stability of our industry, and I believe that this regulation is not in alignment with the vision you outlined so effectively in the Sustainable Insurance Strategy of September 2023. The Sustainable Insurance Strategy represents a critical opportunity to address the pressing challenges facing the insurance market in California, including issues such as modeling, reinsurance, and the excessive financial risk borne by traditional insurers through the FAIR Plan. However, the complete rate application proposal fails to contribute meaningfully to this overarching goal. From my perspective as an insurance agent, I am concerned that the implementation of the complete rate application regulation would be regressive rather than progressive. It would discourage carriers from expanding their appetite at the precise time we need them to re-enter the marketplace and increase their appetite. The lack of clarity surrounding what constitutes a "complete" application, coupled with the potential for unlimited requests for documentation from CDI analysts, introduces unnecessary complexity and uncertainty into the regulatory process. I implore you to redirect the focus of your staff towards the expeditious implementation of the Sustainable Insurance Strategy. By prioritizing the drafting of regulations that instill confidence in the market and facilitate the return of insurers to California, we can properly serve consumers with competitive markets and options, make significant strides towards depopulating the FAIR Plan, and ensure the long-term stability of our insurance ecosystem. Thank you for your attention to this matter.

Dear Commissioner Lara, I am writing to you today as both a California insurance agent and a small business owner with a sincere plea regarding the complete rate application regulation currently under review. While I applaud the intent to align regulatory initiatives with the objectives laid out in the Sustainable Insurance Strategy of September 1, 2023, I am deeply concerned that this particular regulation may not serve the best interests of California consumers. In light of the current challenges facing our state, including insurance availability and the urgent need to address the issues surrounding the California FAIR Plan, it is imperative that we prioritize measures that directly tackle these issues. Unfortunately, the complete rate application regulation falls short in this regard, as it overlooks key factors such as modeling, reinsurance, and the financial liabilities associated with the FAIR Plan. Moreover, the lack of clarity surrounding what constitutes a "complete" rate application introduces unnecessary ambiguity and potential pitfalls for insurers. This uncertainty could have detrimental effects, further exacerbating the insurance crisis in our state. I wholeheartedly agree that our focus should be on implementing the Sustainable Insurance Strategy—a comprehensive approach aimed at protecting the interests of California residents. I urge you to reconsider the proposed regulation and redirect our efforts towards initiatives that will genuinely improve the insurance market and enhance accessibility for our customers. Thank you for your attention to this matter.

Dear Commissioner Lara, I am writing to urge you to reconsider the pursuit of the complete rate application regulation and instead refocus your efforts on implementing the Sustainable Insurance Strategy you outlined in September 2023. As a California insurance agent deeply invested in serving California consumers and the success of our industry, I believe that this regulation does not align with the forward-thinking approach needed to address the challenges we face. The Sustainable Insurance Strategy represents a pivotal opportunity to address the systemic issues plaguing the insurance market in California, including concerns related to modeling, reinsurance, and the unsustainable financial risk associated with the FAIR Plan. However, the complete rate application proposal fails to advance these objectives and risks undermining the progress we have made thus far. From my perspective, the complete rate application regulation introduces unnecessary complexity and ambiguity into the regulatory process. The lack of clear guidelines regarding what constitutes a "complete" application and the potential for arbitrary requests from CDI analysts only serve to hinder rather than facilitate progress. This regulation discourages insurers from increasing their appetite at the exact time you should be doing everything in your power to induce them to write new business. I urge you to prioritize the expeditious implementation of the Sustainable Insurance Strategy by redirecting your staff's focus towards regulations that promote market confidence and encourage insurers to resume writing policies in California. By addressing the root causes of our industry's challenges, we can offer consumers more competitive options, work towards depopulating the FAIR Plan, and ensure a more sustainable future for California's insurance market. Thank you for your consideration of this important matter.

Dear Commissioner Lara: I am writing to respectfully request the cancellation of the upcoming hearing slated for March 26th regarding complete rate applications. As both a California insurance agent and a small business owner deeply invested in the welfare of our state's insurance market and serving California consumers, I am compelled to voice my concerns. Since the unveiling of the Sustainable Insurance Strategy in September 2023, there was a collective optimism that it would pave the way for much-needed improvements in our industry. However, the pace of progress has been disappointingly slow, leaving many of us grappling with ongoing challenges. As an active participant in the insurance sector, I firmly believe that the proposed complete rate application regulation misses the mark in addressing the urgent issues confronting our market. Rather than alleviating the current bottlenecks in rate application approvals, it threatens to exacerbate them. The lack of clarity surrounding the definition of a "complete" application, coupled with the absence of a reasonable timeframe for review, raises significant concerns about its efficacy. In contrast, the Sustainable Insurance Strategy outlined in September holds significant promise for addressing the immediate needs of our industry. By enabling insurance companies to leverage modern tools such as catastrophe modeling and reinsurance, and by tackling the escalating financial liabilities associated with the California FAIR Plan, it offers a comprehensive solution to our most pressing challenges. Commissioner Lara, I urge you to prioritize initiatives that focus on drafting regulations pertaining to modeling, reinsurance, and the financial risks inherent in the California FAIR Plan. These measures are pivotal in revitalizing our insurance market and ensuring the continued protection of California consumers. Thank you for considering my perspective on this crucial matter.