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Property insurance underwriting: risk models.

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

CA SB 1060 · Senate Bill · 2023–2024

Stage
Session ended
Started in
Senate
Sponsors
2
Latest action
Jun 26, 2024

What it does

Existing law creates the Department of Insurance and prescribes the department's powers and duties. Existing law generally regulates the business of insurance in the state, including the underwriting and ongoing monitoring of insured risks. Existing law generally requires an insurer or insurance producer to have underwriting guidelines that establish the criteria and process under which an insurer makes its decision to provide or to deny coverage.

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 · Jun 26, 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

Property insurance underwriting: risk models. | 52