California governor signs mitigation discount reforms, Fair Plan cat bond bill
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Free trial
  • Log in
All Topics
Industry topics
Regulation

California governor signs mitigation discount reforms, Fair Plan cat bond bill

The governor has yet to sign a pending bill to create a public cat model.

By Clark Mindock
October 10, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
California State Flag Government Regulation CA CDI.jpg

California Governor Gavin Newsom signed five bills on Thursday that will modify the state’s overwhelmed Fair Plan and force regulators to consider whether insurers must offer discounts for new anti-wildfire mitigation strategies.

“The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Regulation Personal lines Personal auto Homeowners' insurance Insurers Reinsurers California North America
Gift this article