To: BOARD OF SUPERVISORS
From: Executive Office
Meeting Date: April 22, 2025
|
Department Contact: |
Darcie Antle |
Phone: |
707-463-4441 |
|
Department Contact: |
Kelly Hansen |
Phone: |
707-463-4441 |
|
Item Type: Consent Agenda |
|
Time Allocated for Item: N/A |
Agenda Title:
title
Ratification of Letter of Support for Senate Bill 547 (Perez) - Commercial Property Insurance Cancellation and Nonrenewal
End
Recommended Action/Motion:
recommendation
Ratify letter of support for Senate Bill 547 (Perez) - commercial property insurance cancellation and nonrenewal.
End
Previous Board/Board Committee Actions:
The Board of Supervisors regularly issues support letters that align with the 2025 Legislative Platform. These letters advocate for adequate and ongoing federal and state funding, timely distribution of resources, increased local authority, and flexibility in administering and providing services.
Summary of Request:
Existing law generally regulates classes of insurance, including commercial property insurance. Existing law prohibits an insurer from canceling or refusing to renew a policy of residential property insurance for a property located in a ZIP Code within or adjacent to the fire perimeter for one year after the declaration of a state of emergency, if the cancellation or nonrenewal is based solely on the fact that the insured structure is located in an area in which a wildfire has occurred, except as specified. This bill would extend that prohibition against cancellation or nonrenewal and its exceptions to a policy of commercial property insurance.
Alternative Action/Motion:
Do not ratify letter of support and provide alternative direction.
Strategic Plan Priority Designation: A Prepared and Resilient County
Supervisorial District: All
Vote Requirement: Majority
Supplemental Information Available Online At: Bill Text - SB-547 Commercial property insurance cancellation and nonrenewal. <https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB547>
Fiscal Details:
|
source of funding: N/A |
|
current f/y cost: N/A |
|
budget clarification: N/A |
|
annual recurring cost: N/A |
|
budgeted in current f/y (if no, please describe): N/A |
|
revenue agreement: N/A |
AGREEMENT/RESOLUTION/ORDINANCE APPROVED BY COUNTY COUNSEL: N/A
CEO Liaison: Executive Office
CEO Review: Yes
CEO Comments:
FOR COB USE ONLY
|
Executed By: Deputy Clerk |
Final Status: Item Status |
|
Date: Date Executed |
Executed Item Type: item |
|
|
Number: |
|
|
|