Measure Title: |
RELATING TO INSURANCE.
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Report Title: |
Insurance Commissioner; Homeowners Insurance; Loss-Control Program; Discounted Premium Rates; Fire; Wildfire; Lava; Rulemaking
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Description: |
Beginning 1/1/2025, requires homeowners insurers to establish a loss-control program aimed at reducing the risk of the loss or mitigating damage to the insured property caused by the peril of fire, including fire caused by wildfire, lava, or both, with discounted premium rates for policyholders who implement certain loss-control measures. Requires the Insurance Commissioner to adopt rules.
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Companion: |
|
Package: |
None
|
Current Referral: |
PSM, CPN
|
Introducer(s): |
SAN BUENAVENTURA, CHANG, FEVELLA, FUKUNAGA, MCKELVEY
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Act: |
|
Sort by Date | | Status Text |
1/19/2024 | S | Referred to PSM, CPN. |
1/18/2024 | S | Passed First Reading. |
1/18/2024 | S | Introduced. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
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SB2242