Directs the State Accident Insurance Fund Corporation to establish a division or subsidiary for the purpose of issuing policies of fire insurance and property insurance against the peril of wildfire.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Senator Smith DB
Last action: 2025-06-27
Official status: In Senate Committee
Effective date: Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2025-06-27 Senate
In committee upon adjournment.
2025-01-21 Senate
Introduction and first reading. Referred to President's desk.
2025-01-21 Senate
Referred to Natural Resources and Wildfire.

Official Summary Text

Digest: Tells a state agency to make fire insurance and property insurance available to people in this state to protect against wild fires. Sets up a fund for this purpose. Says that the agency must focus on insurance in areas where insurers do not do enough to protect people. (Flesch Readability Score: 60.1).
Directs the State Accident Insurance Fund Corporation to establish a division or subsidiary for the purpose of issuing policies of fire insurance and property insurance against the peril of wildfire. Provides that the corporation shall preferentially issue policies of insurance in locations and insurance markets in this state in which other insurers do not provide fire insurance or property insurance against the peril of wildfire or in which existing policies are inadequate. Establishes the Wildfire Risk Insurance Fund within the State Treasury for the use of the corporation in providing insurance under the Act.
Declares an emergency, effective on passage.
Relating to: Relating to insuring against the peril of wildfire; declaring an emergency.
Current location: In Senate Committee