Residential property insurance.

Existing law generally regulates classes of insurance, including residential property insurance, and provides for the powers and duties of the Department of Insurance, headed by the Insurance Commissioner. Existing law limits the basis under which an insurer may cancel or fail to renew policies of insurance relating to loss of, or damage to, real property that is used predominantly for residential purposes. This bill would establish an appeal process for an insured or applicant for insurance who disagrees with a determination made by an insurer using a wildfire risk model, as defined. The bill would require an insurer to provide notice to the insured or applicant giving the specific reasons for the decision if an appeal results in an adverse underwriting decision, and would require the notice to include the contact information of the unit within the Department of Insurance that performs review of those decisions. The bill would require the Insurance Commissioner to issue a bulletin to insurers with that contact information and issue updated information as necessary.