Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Panel advances bill letting water companies join JPAs for pooled insurance to lower premiums
Summary
AB 428 would permit investor-owned water corporations to join joint powers authorities (JPAs) for pooled insurance, subject to reinsurance and liability protections and a showing that membership reduces rates or improves service. Supporters cited steep premium increases for small water utilities.
Assemblymember Rubio presented AB 428, a bill to allow water corporations to participate in joint-powers authorities (JPAs) for pooled insurance, subject to reinsurance and liability coverage requirements and a requirement that JPA membership benefit customers by reducing rates or improving service.
Rubio said the bill is a reintroduction that responds to concerns raised in the governor’s veto message last year. The…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
