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Bill

SCR 186

REQUESTING THE INSURANCE COMMISSIONER TO CONDUCT A COMPREHENSIVE STUDY ON WILDFIRE RISK AND INSURANCE, INCLUDING MARKET-BASED APPROACHES.

2024 Regular Session Introduced by Henry Aquino and 8 co-sponsors

Overview: SCR 186 is a concurrent resolution requesting the Insurance Commissioner to conduct a comprehensive study on wildfire risk and insurance, including market-based approache

The committee(s) on CPC recommend(s) that the measure be deferred.
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Bill Summary · SCR 186

Overview: SCR 186 is a concurrent resolution requesting the Insurance Commissioner to conduct a comprehensive study on wildfire risk and insurance, including market-based approaches.

Purpose and Intent: The purpose of this resolution is to direct the Insurance Commissioner to undertake a thorough examination of wildfire risk and insurance, with a focus on exploring market-based solutions and strategies.

Key Provisions:
- Requests the Insurance Commissioner to conduct a comprehensive study on wildfire risk and insurance
- Directs the study to include an examination of market-based approaches to addressing wildfire risk and insurance

Affected Parties and Impacts:
- The Insurance Commissioner, who will be tasked with conducting the requested study
- Insurance providers and consumers, as the study's findings may inform future policies and practices related to wildfire risk and insurance

Procedural and Timeline Considerations:
- The resolution was introduced on March 7, 2025, and the committee(s) on CPC have recommended that the measure be deferred.

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

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