CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 72Introduced by Senator RubioDecember 10, 2020 An act to add Section 929.4 to the Insurance Code, relating to insurance. LEGISLATIVE COUNSEL'S DIGESTSB 72, as introduced, Rubio. Residential property insurance: wildfire risk information reporting.Existing law establishes the Department of Insurance, headed by the Insurance Commissioner, which regulates insurers and insurance practices. Existing law requires an admitted insurer with written California premiums totaling $10,000,000 or more, on or before April 1, 2020, and every 2 years thereafter, as specified, to submit a report to the commissioner with specified fire risk information on its residential property policies, subjects an admitted insurer that willfully fails to submit a report to a prescribed civil penalty, and requires the commissioner to post to the Department of Insurances internet website a report on wildfire risk compiled from the collected fire risk information.Existing law establishes in state government the Natural Resources Agency under the supervision of the Secretary of the Natural Resources Agency, consisting of various departments, including the Department of Forestry and Fire Prevention, which is responsible for the fire protection, fire prevention, maintenance, and enhancement of the states forest, range, and brushland resources, among other things.By November 1, 2022, and annually thereafter, this bill would require the commissioner to transmit to the secretary of the agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of specified information, including nonrenewal data on policies of residential property insurance, and to post that report on the Department of Insurances internet website.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 929.4 is added to the Insurance Code, to read:929.4. By November 1, 2022, and annually thereafter, the commissioner shall do both of the following:(a) Transmit to the Secretary of the Natural Resources Agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of nonrenewal data on policies of residential property insurance and the perceived risks of the industry.(b) Post the report described under subdivision (a) on the departments internet website.
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Senate Bill No. 72Introduced by Senator RubioDecember 10, 2020 An act to add Section 929.4 to the Insurance Code, relating to insurance. LEGISLATIVE COUNSEL'S DIGESTSB 72, as introduced, Rubio. Residential property insurance: wildfire risk information reporting.Existing law establishes the Department of Insurance, headed by the Insurance Commissioner, which regulates insurers and insurance practices. Existing law requires an admitted insurer with written California premiums totaling $10,000,000 or more, on or before April 1, 2020, and every 2 years thereafter, as specified, to submit a report to the commissioner with specified fire risk information on its residential property policies, subjects an admitted insurer that willfully fails to submit a report to a prescribed civil penalty, and requires the commissioner to post to the Department of Insurances internet website a report on wildfire risk compiled from the collected fire risk information.Existing law establishes in state government the Natural Resources Agency under the supervision of the Secretary of the Natural Resources Agency, consisting of various departments, including the Department of Forestry and Fire Prevention, which is responsible for the fire protection, fire prevention, maintenance, and enhancement of the states forest, range, and brushland resources, among other things.By November 1, 2022, and annually thereafter, this bill would require the commissioner to transmit to the secretary of the agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of specified information, including nonrenewal data on policies of residential property insurance, and to post that report on the Department of Insurances internet website.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION
Senate Bill
No. 72
Introduced by Senator RubioDecember 10, 2020
Introduced by Senator Rubio
December 10, 2020
An act to add Section 929.4 to the Insurance Code, relating to insurance.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 72, as introduced, Rubio. Residential property insurance: wildfire risk information reporting.
Existing law establishes the Department of Insurance, headed by the Insurance Commissioner, which regulates insurers and insurance practices. Existing law requires an admitted insurer with written California premiums totaling $10,000,000 or more, on or before April 1, 2020, and every 2 years thereafter, as specified, to submit a report to the commissioner with specified fire risk information on its residential property policies, subjects an admitted insurer that willfully fails to submit a report to a prescribed civil penalty, and requires the commissioner to post to the Department of Insurances internet website a report on wildfire risk compiled from the collected fire risk information.Existing law establishes in state government the Natural Resources Agency under the supervision of the Secretary of the Natural Resources Agency, consisting of various departments, including the Department of Forestry and Fire Prevention, which is responsible for the fire protection, fire prevention, maintenance, and enhancement of the states forest, range, and brushland resources, among other things.By November 1, 2022, and annually thereafter, this bill would require the commissioner to transmit to the secretary of the agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of specified information, including nonrenewal data on policies of residential property insurance, and to post that report on the Department of Insurances internet website.
Existing law establishes the Department of Insurance, headed by the Insurance Commissioner, which regulates insurers and insurance practices. Existing law requires an admitted insurer with written California premiums totaling $10,000,000 or more, on or before April 1, 2020, and every 2 years thereafter, as specified, to submit a report to the commissioner with specified fire risk information on its residential property policies, subjects an admitted insurer that willfully fails to submit a report to a prescribed civil penalty, and requires the commissioner to post to the Department of Insurances internet website a report on wildfire risk compiled from the collected fire risk information.
Existing law establishes in state government the Natural Resources Agency under the supervision of the Secretary of the Natural Resources Agency, consisting of various departments, including the Department of Forestry and Fire Prevention, which is responsible for the fire protection, fire prevention, maintenance, and enhancement of the states forest, range, and brushland resources, among other things.
By November 1, 2022, and annually thereafter, this bill would require the commissioner to transmit to the secretary of the agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of specified information, including nonrenewal data on policies of residential property insurance, and to post that report on the Department of Insurances internet website.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 929.4 is added to the Insurance Code, to read:929.4. By November 1, 2022, and annually thereafter, the commissioner shall do both of the following:(a) Transmit to the Secretary of the Natural Resources Agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of nonrenewal data on policies of residential property insurance and the perceived risks of the industry.(b) Post the report described under subdivision (a) on the departments internet website.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 929.4 is added to the Insurance Code, to read:929.4. By November 1, 2022, and annually thereafter, the commissioner shall do both of the following:(a) Transmit to the Secretary of the Natural Resources Agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of nonrenewal data on policies of residential property insurance and the perceived risks of the industry.(b) Post the report described under subdivision (a) on the departments internet website.
SECTION 1. Section 929.4 is added to the Insurance Code, to read:
### SECTION 1.
929.4. By November 1, 2022, and annually thereafter, the commissioner shall do both of the following:(a) Transmit to the Secretary of the Natural Resources Agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of nonrenewal data on policies of residential property insurance and the perceived risks of the industry.(b) Post the report described under subdivision (a) on the departments internet website.
929.4. By November 1, 2022, and annually thereafter, the commissioner shall do both of the following:(a) Transmit to the Secretary of the Natural Resources Agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of nonrenewal data on policies of residential property insurance and the perceived risks of the industry.(b) Post the report described under subdivision (a) on the departments internet website.
929.4. By November 1, 2022, and annually thereafter, the commissioner shall do both of the following:(a) Transmit to the Secretary of the Natural Resources Agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of nonrenewal data on policies of residential property insurance and the perceived risks of the industry.(b) Post the report described under subdivision (a) on the departments internet website.
929.4. By November 1, 2022, and annually thereafter, the commissioner shall do both of the following:
(a) Transmit to the Secretary of the Natural Resources Agency a report that makes geographic recommendations for vegetation management projects based on the commissioners analysis of nonrenewal data on policies of residential property insurance and the perceived risks of the industry.
(b) Post the report described under subdivision (a) on the departments internet website.