AB 1339: Department of Insurance: housing insurance study.

Official summary

Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.

Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and prescribes the department’s powers and duties. Existing law generally regulates classes of insurance.

This bill would require the department, upon appropriation and in consultation with specified entities and affordable housing entities, to conduct a study of the property, liability, and builders’ risk insurance coverages available to affordable housing entities, as defined, that receive a grant, loan, or tax credit awarded by the Department of Housing and Community Development or the California Tax Credit Allocation Committee. The bill would require an insurer to provide necessary information requested by the commissioner for the study. The bill would require the department, in conducting the study, to, among other things, (1) collect information from relevant entities, (2) identify barriers to keeping the affordable housing entities appropriately insured, and (3) analyze and request any other relevant information that may help the department analyze the availability of property, liability, and builders’ risk insurance coverage for specified affordable housing entities. The bill would also require the department to analyze how, if at all, insurers consider specified determinations of offers or rate setting, including the level or source of income of an individual or group of individuals residing or intending to reside upon the property to be insured. The bill would require the department to submit a report on the study to the Senate Committee on Insurance and the Assembly Committee on Insurance within one year of the above-described appropriation. The bill would require that report to make recommendations on potential policy and budget options to address insurance coverage cost and access challenges for specified affordable housing entities as identified in the study. The bill would repeal these provisions as of January 1, 2031.

The bill would also make related findings and declarations.

Sponsors

Sponsors by party (alphabetical): Democratic 4

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. October 13, 2025Chaptered by Secretary of State - Chapter 728, Statutes of 2025.
2. October 13, 2025Approved by the Governor.
3. September 15, 2025Enrolled and presented to the Governor at 4:30 p.m.
4. September 4, 2025Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 2925.).
5. September 3, 2025In Assembly. Concurrence in Senate amendments pending.
6. September 3, 2025Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2447.).
7. August 20, 2025Read second time. Ordered to third reading.
8. August 19, 2025From committee: Do pass. (Ayes 7. Noes 0.) (August 18).
9. July 10, 2025From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (July 9). Re-referred to Com. on APPR.
10. July 2, 2025From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on INS.
11. June 18, 2025Referred to Com. on INS.
12. June 4, 2025In Senate. Read first time. To Com. on RLS. for assignment.