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The system will also handle complaints against public adjusters, claims of theft by conversion and identity theft.
Review the biggest challenges and new developments expected to impact workers' comp and risk management.
The losses are more than triple those from December blizzards in Buffalo, New York.
The figures are from the NAIC's 35th annual State Insurance Department Resources Report.
The Golden State is concurrently experiencing a drought emergency and a flood emergency.
The city earmarked $2.5 million for the project and already has 25,000 dams on hand.
The appointment follows the retirement of state Insurance Commissioner Jim Ridling at the end of June.
Voters in California, Georgia, Kansas and Oklahoma will select their next insurance commissioners in November.
When it comes to lines of P&C insurance, AdvisorSmith found mortgage guaranty to be the most profitable, followed by inland marine and fire.
Annual insurance department budgets range from $0 to more than $200 million in 2021.
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