An insurer must notify the California Department of Insurance of a producer's appointment within how many days?

An insurer is required to notify the California Department of Insurance about a producer's appointment within 14 days. This timeframe ensures that regulatory bodies maintain up-to-date information on agents and their affiliations, which is important for the monitoring and enforcement of insurance laws, helping to protect consumers. Timely notification facilitates regulatory oversight and promotes transparency within the insurance industry in California. This standard also aligns with the Department of Insurance's goal to ensure that all producers are compliant with state regulations, thus maintaining the integrity of the insurance marketplace.