Daily Property & Casualty Insurance News

AB 888 establishes the California Safe Homes Grant Program to help low- and moderate-income homeowners fund ember-resistant work and fire-safe roof replacements. Residential policies issued after July 1, 2026, must include at least 10% building code upgrade coverage as additional protection for fire-resistant rebuilding.[2]

The Eliminate “The List” Act (SB 495) requires insurers to pay 60% of contents coverage limits, up to $350,000, to wildfire survivors with total losses without an item-by-item inventory. Customers providing a detailed list can receive 100% of their contents coverage.[4]

SB 876 requires residential property insurers to submit detailed disaster response plans and assign primary claims adjusters for claims during states of emergency. The bill also mandates expanded additional living expenses coverage and accelerated up-front payments for total losses.[3]

AB 226 authorizes the California FAIR Plan to access catastrophe bonds and lines of credit to enhance claim payment stability. FAIR Plan policyholders receive the same statutory protections as other insurers during declared emergencies.[2]

Dual enforcement actions in California involve the Department of Insurance and Los Angeles County investigating State Farm over adjuster turnover and smoke damage claims. The outcomes could signal increased local enforcement efforts alongside state-level investigations.[7]