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Committee forwards AB 13 39 to study rising insurance costs for affordable housing providers

3161334 · April 30, 2025
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Summary

The Assembly Insurance Committee advanced AB 13 39, directing the Department of Insurance to study insurance availability and premium trends affecting affordable housing providers and to report policy and budget recommendations by Dec. 31, 2026.

The Assembly Insurance Committee voted to pass AB 13 39 and send it to the Assembly Appropriations Committee. Authored by Assemblymember Eduardo Gonzalez, the bill would direct the California Department of Insurance (CDI) to conduct a study on insurance availability, premium trends and underwriting practices affecting affordable housing providers and to report back with policy and budget recommendations by December 31, 2026.

Gonzales…

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