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Residential property insurance: wildfire risk.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 2416 · Assembly Bill · 2023–2024

Stage
Session ended
Started in
Assembly
Sponsor
1
Latest action
Aug 31, 2024

What it does

Existing law generally regulates classes of insurance, including property and fire insurance. Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and prescribes the department's powers and duties. Existing department regulations prohibit an insurer from using a rating plan that does not take into account and reflect specified wildfire risk mitigation, including property-level building hardening measures.

Read the full text

Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Aug 31, 2024

  4. Law (Needs attention)

    The session ended first

What moved

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Who is involved

Sponsors

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

Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Residential property insurance: wildfire risk. | 52