WeVote
Log In

Bill

Bill

AB 2061

California FAIR Plan Association: data.

2025-2026 Regular Session Introduced by Phillip Chen and 1 co-sponsor

AB 2061 requires the California FAIR Plan Association to publish quarterly on its website detailed data on policy counts by ZIP code, risk exposure, and CFPA-issued claims and remo

From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 6. Noes 0.) (June 24). Re-referred to Com. on APPR.
#californiafairplanassociation #data
0
WeVote Research Nonpartisan
Bill Summary · AB 2061

Summary of AB 2061 (2025-2026) – California FAIR Plan Association: data

Overview

  • Jurisdiction: California
  • Session: 2025–2026
  • Bill Number: AB 2061
  • Introduced by: Assembly Member Chen (Coauthor: Senator Niello)
  • Amendments/Status: Amended and re-referred to the Assembly Insurance Committee in April 2026; multiple prior readings and amendments. Action history indicates ongoing consideration in INS.

Purpose and intent

AB 2061 adds a transparency provision to the California FAIR Plan Association (CFPA), requiring the association to publicly post operational and claims data on its website on a quarterly basis. The goal is to increase publicly available information about the CFPA’s activities, risk exposure, and outcomes for homeowners’ property insurance coverage provided through the CFPA.

Key provisions

The bill adds a new section to the Insurance Code (Section 10095.9) with the following quarterly postings on the CFPA’s internet website:

  1. Number of policies issued by the CFPA in each ZIP Code.

    • Outputs location-based policy issuance data, by ZIP code.

  2. The risk exposure of the CFPA.

    • Provides a measure of overall exposure, though the bill does not specify exact metrics (e.g., total insured value or exposure units) in the text provided.

  3. Claims data for CFPA-issued policies, including:

    • Number of claims filed
    • Number of claims closed with payment to the claimant
    • Number of claims closed without payment to the claimant
    • Number of claims outstanding

  4. Number of policyholders removed from the CFPA’s coverage through the clearinghouse program required under Section 10095.

    • Tracks removals from coverage via the clearinghouse mechanism (a process under which some policyholders may transition out of CFPA coverage).

Note: The bill text contains a minor typographical duplication in the enumerated list (the “(c)” item appears twice), but the intended data points are clear: policy counts by ZIP code, risk exposure, detailed claims data, and removals through the clearinghouse program.

Who/what is affected

  • Primary entity affected: California FAIR Plan Association (CFPA).
  • Direct effects:
    • The CFPA would be legally required to publish quarterly data on its website.
    • Data released would cover policy issuance by ZIP code, overall risk exposure, claims activity, and clearinghouse removals.
  • Broader impact:
    • Increased transparency for policymakers, policymakers’ staff, industry stakeholders, researchers, and the public concerning the CFPA’s operations and performance.

Procedural and timeline aspects

  • Legislative path: Introduced February 18, 2026; amended and re-referred to the Assembly Insurance Committee in April 2026. Action history shows continued committee consideration through April 2026.
  • Effective date: The text provided does not specify an effective date; typically, new reporting requirements take effect upon enactment or once specified by the bill’s language or through a later implementing date established in subsequent amendments or regulations.
  • Reporting cadence: Quarterly data publication obligation.

Practical implications and considerations

  • The transparency requirements will enable external analysis of renewal patterns, geographic distribution of CFPA-written policies, and claim handling outcomes.
  • Public availability of claims data could inform consumer understanding of the CFPA safer-coverage options, including the likelihood of claims being paid, denied, or outstanding.
  • The quarterly cadence balances timeliness with data stability, offering more frequent insight than annual reporting without imposing excessive administrative burden.

This summary focuses on the substantive changes proposed by AB 2061, their intended effects, and who would be affected. If you’d like, I can provide a comparison to current CFPA reporting practices or a potential impact assessment based on these data disclosures.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.