Tag Archives: mandated discounts

PIFC Victories

AB 2367 

Early this year, PIFC opposed AB 2367. AB 2367 (Gonzalez) died in the Assembly Insurance Committee in early May. 

AB 2367 would have established a task force to develop community and home hardening standards – and would have required an admitted insurer to write or renew a policy for an existing property that is certified by the Task Force. We know you don’t want to nonrenew your policyholders. But is forcing you to take on unreasonable risk – indefinitely – really the way to go? 

Insurance coverage mandates, such as the one proposed by this measure, threaten insurance availability for all Californians. History has demonstrated that when states try to force companies to sell insurance at an inadequate price, with uncontrollable
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