California (2)

California has amended regulations in Title 10 CCR Sections 2643.3, 2644.27, 2648.1, 2648.2, and 2648.4. Among other provisions, the amendments to these sections state that premium variance requests should now be filed with the Rate Regulation Branch at the same time as the complete rate application to which they apply. A complete rate application will be considered received by the Commissioner on the date that all information required as part of a complete rate application has been delivered to the Department's Rate Regulation Branch using the System for Electronic Rate and Form Filing (SERFF). Additionally, the review time for the Commissioner on rate applications has been extended to 30 days. Guidelines for a complete rate application and what to include are also provided. 

On October 4, 2024, the California Department of Insurance (CDI) issued Bulletin 2024-11 to put in place a mandatory moratorium after a state of emergency was declared following the Boyles Fire.

California has amended Title 13 CCR Section 82.00. Among other provisions regarding form content, document size, and ink color, the amended rule allows electronic evidence of liability insurance for covered vehicles. The electronic version must contain all the same titling and content that is outlined in the rule for issuing the California evidence of liability insurance document. This becomes effective on October 1, 2024.

On August 8, 2024, the California Department of Insurance (CDI) released Bulletin 2024-6 to all admitted and non-admitted insurers in the state to issue a mandatory moratorium on the cancellation and nonrenewal of residential property insurance following the emergency declarations due to wildfires in certain counties.

On July 11, 2024, the California Department of Insurance (CDI) issued Bulletin 2024-5 to put in place a mandatory moratorium after a state of emergency was declared following the Thompson Fire.

On February 1, 2024, the California Department of Insurance (CDI) issued Circular: ZET-2024 (Part 1) to all licensed property and casualty insurers writing Commercial Auto Liability/Physical Damage Insurance regarding a Zero Emission Truck Data Call. This is part one of a two part survey and will focus on insurance offerings, loss experience, vehicle coverage, policy details and coverage limits for Medium and Heavy-Duty Trucks that transport cargo, as defined by the State Air Resources Board.

On September 14, 2023, the California Department of Insurance (CDI) issued Bulletin 2023-6 which announced a mandatory moratorium on cancellations and non-renewals in response to the declaration of a state of emergency. The moratorium prohibits any admitted or non-admitted insurer writing residential property insurance in the state of California from issuing a notice of cancellation or non-renewal for one year, starting on August 29, 2023 in affected ZIP codes. 

On November 28, 2022, the California Department of Insurance (CDI) issued Bulletin 2022-15 regarding a mandatory moratorium on residential property insurance policy cancellations and non-renewals after the declaration of a state of emergency.

On January 30, 2023, the California Department of Insurance (CDI) issued Bulletin 2023-1 related to the increase in private passenger motor vehicle financial responsibility requirements, pursuant to Senate Bill 1107.

On February 27, 2023, the California Department of Insurance (CDI) issued its 2023 Annual Notice describing the most significant California laws pertaining to property insurance policies, including those related to a declared state of emergency.