January 18, 2011
The Senate Banking, Finance and Insurance Committee has been divided into two committees, with Sen. Juan Vargas, D-San Diego, chairing the Banking and Finance Committee and Sen. Ron Calderon, D-Montebello, at the helm of the Insurance Committee. Senators Vargas and Calderon both have business experience. Senator Calderon served as a manager in the manufacturing industry and is a mortgage banker and a real estate agent. Senator Vargas recently served as an executive for a home, auto and small business insurance company. Read More.