Basic property insurance: California FAIR Plan.

Under existing law, the California FAIR (fair access to insurance requirements) Plan Association is a joint reinsurance association of state insurers that is established to, among other things, assist persons in securing basic property insurance for qualified property for which insurance cannot be obtained through the normal insurance market. Existing law also establishes a governing committee for the association consisting of 9 insurers elected annually. The governing committee also includes nonvoting members including, one representative of insurance agents, one representative of insurance brokers, one representative of surplus line brokers, and one representative of the public, each appointed by the Governor. This bill would provide that the governing committee shall have 8 members, eliminating one voting member of the governing committee. This bill would also provide for a second representative of the public, to be appointed by the Governor.