Bill > SB1076

This bill, effective January 1, 2028, mandates that admitted insurers, meaning insurance companies licensed to do business in the state, cannot refuse to offer, sell, or renew residential property insurance for homes that meet established wildfire mitigation and building hardening standards, unless the refusal is based on underwriting guidelines unrelated to wildfire risk. The bill also requires that any residential property insurance offered must provide coverage at least as broad as the insurer's most common policies. Insurers can seek a temporary waiver from this requirement for specific geographic areas if they can demonstrate an "overconcentration of risk," meaning too many insured properties in one location could jeopardize the insurer's ability to pay claims, though such waivers do not permit refusal to renew existing policies. Furthermore, the bill imposes a severe penalty: if an insurer habitually violates these provisions or chooses to stop offering residential property insurance rather than comply, their license to sell both residential property and automobile insurance in the state will be suspended or revoked for five years. The Insurance Commissioner is tasked with establishing the specific "home hardening and wildfire mitigation standards" and defining "overconcentration of risk" through regulations.

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https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB1076