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52Nov 3 election

Insurance: distressed areas.

It became law on Sep 30.

CA AB 2724 · Assembly Bill · 2025–2026

Stage
Became law
Started in
Assembly
Sponsor
Rebecca Bauer-Kahan
Latest action
Sep 30

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 30

What it does

Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and generally regulates the business of insurance in the state. Existing law establishes the California FAIR Plan Association, a joint reinsurance association in which all insurers licensed to write basic property insurance participate to administer a program for the equitable apportionment of basic property insurance for persons who are unable to obtain that coverage through normal channels. Existing regulations authorize insurers, in distressed areas and for properties insured by the FAIR Plan that are exposed to wildfire risk, to use catastrophe modeling, as specified. Under existing regulations, a…

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Where it goes next

Law in California. Agencies now write the rules that carry it out, and courts can stay or strike it.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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