state_legiscan_drain · CA
Catastrophe modeling: distressed areas.
February 20, 2026
Summary
If enacted, this bill would require insurers to incorporate catastrophe modeling that accounts for distressed areas when setting rates and underwriting policies in California. It aims to prevent insurance redlining in communities affected by natural disasters.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB2724
Common questions
- What does "Catastrophe modeling: distressed areas." cover?
- If enacted, this bill would require insurers to incorporate catastrophe modeling that accounts for distressed areas when setting rates and underwriting…
- When was it published?
- It was published on February 20, 2026.