Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee passes amendment limiting SB 368 to residential property policies, excluding earthquake coverage
INSURANCE & COMMERCE - SENATE · March 16, 2023
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Senator Boyd persuaded the committee to adopt an amendment that narrows SB 368 to residential property insurance and explicitly excludes earthquake policies, which are typically percentage-based and costly to reconfigure; the committee passed the bill as amended.
The Senate Insurance & Commerce Committee passed SB 368 as amended after adopting language that limits the bill to residential property insurance policies and excludes earthquake policies.
Senator Boyd explained the amendment’s purpose and scope, saying it “takes the original bill and it limits it…
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
30-day money-back on paid plans
