California AB69 modifies the FAIR Plan to enhance policyholder information and encourage private insurance options.
California AB69 amends the FAIR Plan to improve policyholder awareness and encourage the use of private insurance. The bill mandates the California FAIR Plan Association to establish a website and toll-free number for policyholder assistance. It requires insurers to inform policyholders about private insurance options and share relevant information through clearinghouse programs. Policyholders must be notified annually about the sharing of their personal information and given the option to opt-out.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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