California AB2724 mandates annual reviews and updates of distressed areas based on wildland-urban interface (WUI) updates.
California AB2724 requires the Department of Insurance to annually review and update distressed areas, focusing on wildland-urban interface (WUI) areas. This includes consulting with the Department of Forestry and Fire Protection and considering ZIP Codes with at least 10 percent of residential properties insured by the FAIR Plan. The department must also hold public meetings and make proposed updates available for public review. If the percentage of homes in WUI areas on the FAIR Plan decreases by 20 percent or more from the previous year, reports may be issued every other year.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.