California: Home-Hardening Mandatory Discounts Bill Introduced

AB 2416, Insurance: residential property insurance: wildfire risk, has been introduced by Assembly Member Matthew Connolly. The legislation is a “spot-bill” that states “the intent of the Legislature to enact legislation to require insurers offering residential property insurance in the state to provide discounted insurance rates to homeowners who use or install in their homes building materials that are demonstrated to harden homes and reduce wildfire risk.”