WeVote
Log In

Bill

Bill

SB 365

Fire insurance: reporting on cancellation and nonrenewal.

2025-2026 Regular Session Introduced by Marie Alvarado-Gil

SB 365 mandates California insurers report fire policy cancellations and non-renewals to state regulators, increasing transparency during the state's home insurance crisis.

April 23 set for second hearing canceled at the request of author.
#fireinsurance #reportingoncancellationandnonrenewal
0
WeVote Research Nonpartisan
Bill Summary · SB 365

Legislative bill overview

SB 365 requires California insurance companies to report detailed information about fire insurance policy cancellations and non-renewals to state regulators. The bill aims to increase transparency and regulatory oversight of insurers' decisions to drop or refuse to renew homeowners' fire coverage, particularly in high-risk fire zones.

Why is this important

California has experienced a severe home insurance crisis, with major insurers withdrawing from the market and canceling policies, leaving hundreds of thousands of homeowners unable to obtain or maintain coverage. Enhanced reporting requirements would give state insurance regulators better data to monitor market trends, identify problematic insurer behavior, and potentially intervene to protect consumers in vulnerable areas.

Potential points of contention

  • Industry burden vs. public interest: Insurers may argue expanded reporting requirements increase administrative costs; consumer advocates counter that transparency is essential given the crisis
  • Regulatory capacity: Questions about whether California's Department of Insurance has sufficient resources to analyze and act on additional data
  • Scope ambiguity: Unclear whether reporting requirements apply equally to all insurers or specifically target larger carriers, and whether thresholds for triggering reports are reasonable

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

Sign in to ask a question.