Markets.News
Today in Sacramento, California on June 24, 2026, the Assembly Insurance Committee approved a new bill aimed at assisting homeowners in maintaining their insurance policies. The bill, known as SB 1301 and introduced by Senator _, mandates increased transparency regarding the factors contributing to nonrenewal and provides guidelines on how to retain coverage whenever feasible. This legislation aims to support homeowners facing potential policy cancellation and empower them with crucial information during such circumstances.