$103 Billion

31

Number of counts for which former New Mexico deputy superintendent of insurance Joe Ruiz was indicted on, including extortion, mail fraud, wire fraud and corrupt solicitation. A conviction on most of the felony charges carries a penalty of up 20 years in prison. (AP)

Amount the California Senate passed on Aug. 21 for the state’s budget, ending an impasse that threatened the livelihood for several state-supported programs and health care facilities that rely on budget funding. While no measures for insurance funding were affected by the budget delay, according to Bill Packer, director of public relations for the Association of California Insurance Companies, most expect the Legislature will now be able to address other important topics.