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Bills

SB 672: Residential property insurance.

  • Session Year: 2023-2024
  • House: Senate
  • Latest Version Date: 2023-06-19

Current Status:

Failed

(2023-06-26: Re-referred to Com. on INS. pursuant to Assembly Rule 96.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Enacted

Version:

Existing law generally regulates classes of insurance, including residential property insurance. Existing law prohibits a residential property insurance policy from being issued or renewed in this state unless it complies with certain requirements.

This bill would prohibit an admitted insurer that offers residential property insurance from refusing to offer or sell residential property insurance to an applicant whose property meets specified best practices for wildfire building hardening and property-level mitigation.

Existing law establishes the Department of Transportation and vests it with full possession and control of all state highways and all property and rights in property for state highway purposes. Existing law authorizes the department to issue a written permit to place an encroachment on the state highway and to charge a fee, except to a public corporation, for the issuance of a permit to recover the departments costs in issuing encroachment permits.This bill would require the department to establish a standard fee structure for the application and placement of a parklet on a state highway, as specified. The bill would prohibit the department from charging an encroachment permit fee for the application and placement of a parklet on a state highway. The bill would require the department to consider an encroachment permit application for commercial use. The bill would require the department to comply with applicable state and federal law in establishing the standard fee structure, authorize the department to adjust the fee schedule to comply with applicable state and federal law, and require the department to report to the Legislature if it adjusts the fee schedule to comply with applicable state or federal law, as provided.

News Coverage:

SB 672: Residential property insurance. | Digital Democracy