California § 937.1. 937.1. (Added by Stats. 2025, Ch. 542, Sec. 1.)

California Statutes

§ 937.1. — 937.1. (Added by Stats. 2025, Ch. 542, Sec. 1.)

California § 937.1.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE

Part 2.PART 2. THE BUSINESS OF INSURANCE

Ch. 1.CHAPTER 1. General Regulations

Art. 10.85.ARTICLE 10.85. Insurance and Climate Risk Market Intelligence Act

This text of California § 937.1. (937.1. (Added by Stats. 2025, Ch. 542, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Insurance Code - INS Code § 937.1. (2026).

Text

(a)

(1)On or before March 1, 2026, and on or before March 1 of every year thereafter, an admitted insurer in a group with written premiums in the prior year from fire, allied lines, private flood, homeowners, farmowners, and commercial nonliability lines totaling fifty million dollars ($50,000,000) or more shall submit a report to the commissioner that shall only include data and information necessary to understand its reinsurance program placement data and use of probabilistic catastrophic models for the previous year for policies.

(2)Reports filed on or before March 1, 2026, shall include data from the latest available reinsurance treaty year. Subsequent reports shall likewise include data from the latest reinsurance treaty year available when the report is due.

(3)The commiss

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(a)
(1)
On or before March 1, 2026, and on or before March 1 of every year thereafter, an admitted insurer in a group with written premiums in the prior year from fire, allied lines, private flood, homeowners, farmowners, and commercial nonliability lines totaling fifty million dollars ($50,000,000) or more shall submit a report to the commissioner that shall only include data and information necessary to understand its reinsurance program placement data and use of probabilistic catastrophic models for the previous year for policies.
(2)
Reports filed on or before March 1, 2026, shall include data from the latest available reinsurance treaty
year. Subsequent reports shall likewise include data from the latest reinsurance treaty year available when the report is due.
(3)
The commissioner may specify the manner of submission, format, and content of the report required pursuant to paragraph (1).
(b)
An insurance holding company system, as defined in subdivision (h) of Section 1215, may submit a consolidated report of the information required by this section for all insurers comprising the holding company system.
(c)
Upon submission of a report pursuant to this section, the insurer shall promptly respond to inquiries from the commissioner or their representative regarding the information submitted in the report.