Transcript Highlights:

• <00:29:24.559> insurance greater levels of catastrophic insurance greater levels of catastrophic
• at the time and the catastrophic at the time and the catastrophic insurance<00:31:38.960> didn't
• <00:47:00.400> Ninth catastrophic insurance policy. Ninth catastrophic insurance policy.
• <00:47:24.720> do<00:47:24.880> it catastrophic, it almost doesn't do it catastrophic
• policy for our catastrophic insurance. policy for our catastrophic insurance.

Keywords: 1187, senate, all

Transcript Highlights:

• It is looking at the total cost of the goods and labor to make you whole again following a catastrophe
• or a loss and so this total insured value total insured value following a catastrophe or a loss.
• And in some cases, depending on the carriers, the frequency of non-catastrophic losses is down upwards
• It prevents their lives from being disrupted following a catastrophe.
• That's not actually too dramatic from a Florida perspective, believe it or not, on what our catastrophes

Summary: The Senate Committee on Banking and Insurance convened with a quorum present, and Commissioner Michael Yaworsky of the Office of Insurance Regulation delivered a broad update on Florida’s property insurance market. He outlined the division of responsibilities between OIR and the Department of Financial Services, then reported market indicators including 7.61 million residential policies in force, an average premium of $2,755, 1.5 million Citizens takeout approvals, and recent negative trends in homeowners rate requests. He credited recent legislative reforms, especially tort reform and the Insurer Accountability Act, with improving market stability, increasing competition, and allowing the office to conduct more examinations and investigations, recover consumer restitution, and fine insurers for misconduct tied to recent hurricanes. Yaworsky emphasized that Citizens Property Insurance has been rapidly depopulating from its 2022 peak and may fall below 300,000 policies, while cautioning that over-depopulation could create residual-market risks and assessments if a major storm hits. He also discussed the distinction between admitted and surplus lines markets, the role of reinsurance in Florida pricing, and the effect of inflation on total insured values and premiums. He said Florida has seen comparatively modest property rate increases relative to other states and noted that recent hurricanes did not produce the kind of rate spikes seen in prior years, which he attributed to a more stable market and reduced fraud and litigation pressure. In response to a question from Senator Martin, Yaworsky explained that California’s wildfire crisis and regulatory structure are not a direct one-to-one comparison for Florida, but that California’s market problems can affect global reinsurance capacity and serve as a cautionary example of regulatory missteps. He also highlighted a recent Progressive auto insurance excess-profits refund of about $1 billion to policyholders, discussed possible federal changes to the National Flood Insurance Program, and urged greater home resiliency and code-plus adoption. The commissioner closed by calling for clearer consumer disclosures and responsible oversight of AI use in insurance filings. No bills were considered and no votes were taken; Senator Hooper moved to adjourn, and the committee adjourned without objection.

Transcript Highlights:

• total capacity to see if we needed to enhance the capacity on some of those systems so that in a catastrophic
• So, saying light-heartedly, if we have a catastrophe and we don't replace the generators, then that's
• failure we could continue catastrophic failure we could continue with<00:03:33.920> government
• <00:03:45.519> and<00:03:45.760> we<00:03:46.000> don't we have a catastrophe
• >> you know, catastrophic failure that we're<00:12:37.680> that<00:12:38.079> results

Keywords: Call to Order: 00;15 Approval of Minutes: 01:22 Update on Generator replacement: 01:52 Update on Sheriff Fees: 13:28 Adjournment: 25:22, 958, all

Summary: The committee met for its fourth budget subreview session focused on personnel, public retirements, and finance. Members approved the minutes from the prior meeting and then heard from Finance Cabinet staff on two main items: a $7.5 million request related to generator systems and a sheriff’s fees budget request. The generator request was described as a preventive, life-cycle replacement and capacity-enhancement effort for 26 generators serving Frankfort-area state buildings, intended to protect continuity of government and expand beyond basic emergency power to support continuity of services. Members asked detailed questions about how many generators would be replaced, the cost per unit, the scope of the study, and whether the work could be phased. Staff said the $7.5 million would cover a full evaluation and any resulting engineering/replacement work, but the exact number of replacements was not yet known. They estimated the initial study would cost about $500,000 to $750,000, would take six to nine months once funded, and would produce building-by-building recommendations. Staff also said typical generator life cycles vary widely, often around 15 to 20 years but sometimes longer depending on run hours and usage. The committee then reviewed sheriff’s fees, with the Division of Local Government explaining that the state reimburses counties for several statutory sheriff-related costs, especially court security, which accounts for more than 90% of the claims. Staff said the current budget base is about $20 million, while actual spending has been running above $23 million, leading to a $3.5 million growth request to align the base with projected spending and reduce the need for non-general fund expenditure (NGE) adjustments. Members asked about claim volume, county participation, reimbursement controls, and whether the request reflected growth or underfunding; staff said all 120 counties submit claims, volumes have been fairly steady, and reimbursements are governed by statute and signed monthly certifications. No votes were taken on the requests, and the meeting adjourned after questions concluded.

Transcript Highlights:

• of their own and through the negligence or carelessness of a municipal employee could suffer a catastrophic
• a municipal employee could<00:09:39.440> suffer<00:09:39.760> a<00:09:39.840> catastrophic
• could suffer a catastrophic injury. could suffer a catastrophic injury.
• > lead<00:10:20.840> to uh employees that can lead to uh employees that can lead to catastrophic
• catastrophic consequences. catastrophic consequences.

Keywords: 926, house, all

Summary: The House opened with a moment of silence and handled several bill referrals and procedural matters. House Bill 957, relating to amendments to the charter of the town of Williston, received first reading and was referred to the Committee on Government Operations and Military Affairs. Senate Bill 255, establishing a pilot law enforcement government’s council in Windham County, was referred to Ways and Means under House Rule 35A because it materially affects municipal revenue. The House also noted that Senate Bill 198, on regulation of tobacco products and tobacco substitutes, had been reported favorably with amendment by Commerce and Economic Development. The chamber then suspended rules to take up Senate Bill 198 and committed it to the Committee on Human Services pending its entry on the notice calendar. The House also adopted in concurrence Joint Senate Resolution 49, setting weekend adjournment so that when the two houses adjourn on Friday, April 17, 2026, they must reconvene no later than Tuesday, April 21, 2026. During consideration of Senate Bill 218, relating to reducing chloride contamination of state waters, Representative Boutin offered a floor amendment aimed at strengthening municipal liability protections for towns participating in salt-reduction efforts. Supporters said the existing affirmative defense was too weak and could leave municipalities exposed to negligence claims despite their efforts to reduce salt use. Opponents, including members speaking for Judiciary and House Environment, argued the issue was legally complex, involved tort and insurance questions, and needed more vetting than a floor amendment; they also said the current bill already supports municipalities through certification and best-management-practices provisions. Both committees reported the amendment unfavorable, with Judiciary citing a 7-3-1 vote and House Environment a 10-1-0 vote. The session ended with announcements recognizing guests in the gallery and a notice that House Democrats would caucus in Room 11, while Republicans and Progressives would not, followed by a recess until the gavel fell again.

Transcript Highlights:

• Um, we are now having a run of natural catastrophes.
• And natural catastrophe after another.
• And then catastrophe savings accounts.
• <00:27:01.360> Next catastrophe savings accounts. Next catastrophe savings accounts.
• natural catastrophes, natural disasters. natural catastrophes, natural disasters.

Keywords: 958, all

Summary: The interim task force on disaster prevention and resiliency met for its fourth meeting and focused heavily on insurance markets, affordability, and mitigation. Cochairs noted they are working toward recommendations for a later fall meeting. The main presentation came from David Snyder of the American Property Casualty Insurance Association, who said the insurance industry sees itself as part of the problem and part of the solution because it ultimately pays for losses created by natural conditions, development choices, and construction practices. Snyder described rising losses from natural catastrophes, inflation-driven increases in rebuilding and repair costs, more development in disaster-prone areas, wildfire exposure, severe convective storms, hail, and roof damage. He argued that Kentucky should avoid the mistakes he attributed to California, where regulatory responses contributed to a strained insurance market and greater reliance on the FAIR Plan. He said Kentucky’s private market appears to be functioning better, with relatively few FAIR Plan policies, and urged lawmakers to preserve that market through risk-based rates and policies that do not worsen availability. He recommended a broad mitigation strategy involving stronger building codes, land-use decisions, stormwater infrastructure, public access to risk data, and incentives for resilient construction. He highlighted programs such as the Insurance Institute for Business and Home Safety, fortified-home standards, wildfire-prepared community practices, and examples from Alabama, Louisiana, and Florida showing that mitigation can produce quick returns and insurance discounts. He also suggested catastrophe savings accounts, flexible coverage options, and a whole-of-government approach that includes the insurance department, building-code agencies, first responders, FEMA, NFIP, and NOAA. In questions, a legislator asked about the prognosis if carriers continue exiting markets and if nothing is done to address affordability and accessibility. Snyder said he could not predict market exits but stressed that regulators should monitor the market closely, use available data, and focus on loss prevention and mitigation. He said insurers want to do business in Kentucky and that the long-term solution is coordinated action among public and private stakeholders to reduce risk and keep coverage available.

Transcript Highlights:

• Catastrophic wildfires over the last decade have resulted in destruction of thousands of homes, burned
• Catastrophic wildfires over the last decade have resulted in destruction of thousands of homes, burned
• The state has taken numerous steps in the last decade to reduce the risk of catastrophic wildfire and
• Well, we have catastrophic risk from earthquakes, fires, and floods in California.
• That's our catastrophic risk.

Keywords: 987, senate, all

Summary: The joint Senate hearing of the Natural Resources and Water Committee and the Emergency Management Committee focused on wildfire resilience, with members discussing the SB 254 report on enhancing California’s response to natural catastrophes. Opening remarks emphasized the scale of wildfire damage, the need for prevention and preparedness, and concerns about the affordability and insurability crisis. Senators repeatedly contrasted the relatively small share of funding going to community hardening with the much larger amounts spent on utility wildfire mitigation and landscape-scale projects, and several members raised concerns about CEQA delays, one-time funding, and the need for more sustainable, ongoing financing. The Legislative Analyst’s Office presented an overview showing about $4.7 billion in state wildfire resilience appropriations from 2018-19 through 2025-26, with funding shifting from the Greenhouse Gas Reduction Fund to the General Fund and then to Proposition 4. LAO noted that only about $65 million had been specifically targeted to community hardening, while most funding went to forest health, fuels, research, and related programs. LAO also said one-time funding will decline in coming years and that future GGRF support is uncertain, though General Fund use is not legally precluded. Members asked about maintenance costs, polluter-pays ideas, and whether performance metrics should focus more on property and community risk reduction than acres treated. Cal Fire’s State Fire Marshal described the state’s community wildfire preparedness strategy, centered on home hardening, defensible space, and neighborhood-scale mitigation. He said roughly 4 million homes are in the wildland-urban interface, most built before modern fire-resistant standards, and argued that the state must move from response to prevention. He said Cal Fire is incorporating the SB 254 recommendations into its updated action plan, has streamlined some fuel-reduction projects under a recent executive proclamation, and is shifting some grant funding toward maintenance of existing treatments. Cal OES described the AB 38 pilot and FEMA hazard mitigation work, saying the pilot helped build tools and standards for home hardening but that federal approval delays remain a major barrier; the agency reported 155 hardened properties, 19 under construction, and 370 assessed and waiting. The Wildfire and Forest Resilience Task Force said it has coordinated more than $6 billion in state and federal investments, is moving toward regional block grants and better data-driven prioritization, and is developing separate community and landscape strategies. The hearing ended with discussion of modeling, data gaps, utility coordination, contractor capacity, and possible legislative or budget changes to better align funding and metrics with community safety outcomes.

Transcript Highlights:

• the uh formly referred to catastrophic the uh formly referred to catastrophic will<00:22:12.159>
• the catastrophic the catastrophic Aid<00:55:52.599> um<00:55:53.599> uh<00:55:53.760
• <02:09:09.599> Aid we're going to fix the catastrophic Aid we're going to fix the catastrophic
• the threshold after which catastrophic the threshold after which catastrophic Aid<02:20:09.280><
• for catastrophic Aid are based upon uh for catastrophic Aid are based upon uh what<02:35:18.319> we

Keywords: 928, house, all

Summary: The hearing focused on HB 563, which would revise the education funding formula for pupils receiving special education services by replacing the current single special education amount with three differentiated categories. Representative Rick Ladd, the prime sponsor, said the bill largely tracks a House-passed version from the prior session with minor figure adjustments, and explained that the proposal uses projected FY26 amounts for three categories based on time in general education versus more intensive placements. He also noted that the bill does not address catastrophic aid directly, but that special education aid, CAT aid, and proration all remain issues for later work sessions. Ladd and supporters argued that weighted categories better reflect actual costs and are more sustainable than treating all IEPs the same. Representative Margaret Drye said the approach was one of the best ideas from the education funding subcommittee and urged the committee to support differentiated aid. Representative Ames asked how the category amounts were derived, and Ladd said Category A follows the FY26 base, Category B is a higher weight, and Category C is a still higher weight for more intensive services, though he acknowledged the exact multipliers were developed earlier and could be revisited. He also said the committee would continue discussing whether the weights are appropriate and how they interact with CAT aid. Testimony from Bonnie Dunham strongly opposed the bill. She argued that funding based on placement rather than actual service need would create incentives to move students into more restrictive settings, could stigmatize children with labels such as "Category C," and would undermine the least restrictive environment requirements under federal special education law. She described her son’s experience in inclusive settings as beneficial and said the bill would have penalized the district for serving him there. In response to questions, she said schools and parents should base funding on the child’s actual needs and costs, not on placement, and urged the committee to recommend the bill inexpedient to legislate.

Transcript Highlights:

• If the association experiences a catastrophic storm event...
• When that happens, our next source for paying claims is the Catastrophe Reserve Trust Fund or the CRTF
• Insurance companies commonly buy reinsurance to cover catastrophic losses, as you've already seen.
• The statute does not limit it to one storm, it's for an entire catastrophe year. you think this might
• You might be able to save in bank in the catastrophe fund.

Keywords: 1184, house, all

Transcript Highlights:

• community in my district to do some of that flood mitigation work that would help us prevent some catastrophic
• community in my district to do some of that flood mitigation work that would help us prevent some catastrophic
• community in my district to do some of that flood mitigation work that would help us prevent some catastrophic
• us mitigation work that that would help us prevent<00:03:16.480> some<00:03:16.640> catastrophic
• <00:03:17.400> commercial prevent some catastrophic commercial prevent some catastrophic commercial

Keywords: 919, house, all

Summary: The interview focused on Rep. Godfrey’s reflections on his first legislative year after winning the special election in 40B. He described the experience as a “roller coaster,” citing the challenges of a tied House, the ongoing budget work, and the June 14 assassination of Speaker Emeritus Melissa Hortman as the lowest point. He said the Legislature still needs to recover from that tragedy while continuing its work. Looking ahead, Godfrey said he wants to find areas of bipartisan agreement, especially on budget issues, public school funding, and tackling fraud in a way he sees as nonpartisan and durable. He also said he plans to continue raising common-sense gun safety reforms, though he has not seen signs the other side is willing to discuss them. On the federal level, he said criticism of Washington would not change his approach in St. Paul, because he believes lawmakers can disagree strongly with the federal government while still working together on state issues. He also discussed local bonding and infrastructure priorities, including flood mitigation work connected to the Rice Creek watershed district. He said the project would help prevent catastrophic commercial shutdowns during high-water events and protect low-income residents. As another major priority, he said he wants to pursue worker protections related to artificial intelligence and other algorithmic technologies, arguing that the state should get ahead of job displacement risks.

Transcript Highlights:

• It's for catastrophic judgments.
• Did you mention that this you want this specifically to deal with Catastrophes in the original was catastrophic
• Catastrophic means something major. Thank you for the question, Senator Goodman, for a follow-up.
• So, a catastrophic event is not in this piece of legislation. Is that correct?
• Catastrophic follow-up.

Bills: SB1288, SB1705, SB1878, SB2019, SB2118

Keywords: emergency management, federal funding, disaster relief, cost sharing, public assistance, bail reform, public funds, nonprofit organizations, political subdivisions, injunctive relief, criminal procedure, surety bond, judicial discretion, uniform bond schedule, liability insurance, judgments, insurance fund, Oklahoma, county sheriff, commissary

Transcript Highlights:

• important measure that will allow individuals to set aside income tax-free money to pay for qualified catastrophe
• California has faced an unprecedented rise in the risk of catastrophic natural disasters over the last
• Catastrophe saving accounts provide a direct solution by ensuring that homeowners have dedicated funds
• and retirement plans encourage individuals to prepare for medical and long-term financial needs, catastrophe
• Helping families rebuild their lives after devastating catastrophes.

Keywords: 988, house, all

Transcript Highlights:

• To pay claims after a catastrophe and too much on reinsurance, the cost of which prevents us from building
• When that happens, our next source for paying claims is the Catastrophe Reserve Trust Fund, or the CRTF
• Insurance companies commonly buy reinsurance to cover catastrophic losses, as you've already heard this
• It's for an entire catastrophe year.
• Would be what you might be able to save in bank in the catastrophe fund.

Transcript Highlights:

• That would be equated with a catastrophic catastrophic catastrophic um<01:16:00.080> damage<01
• It just catastrophicness of a claim.
• <01:47:14.320> Um, these catastrophic situations. Um, these catastrophic situations.
• <01:48:11.920> There that have had catastrophic issues.
• There that have had catastrophic issues.

Bills: HB0068, HB0062, HB0127, HB0109

Keywords: veterans, property tax exemption, disabled, service-connected disability, Wyoming, governmental claims, liability limits, inflation adjustment, public safety, local government insurance, HB0127, recreation mill levy, recreational facilities, public recreation, mill levy, property tax, local tax, county commissioners, school district levy, voter approval

Transcript Highlights:

• these would have been truly catastrophic these would have been truly catastrophic um<00:42:49.920
• I'm guessing that we have above-average insurance premiums because we've had catastrophic claims.
• I'm guessing that we have above-average insurance premiums because we've had catastrophic claims.
• I'm guessing that we have above-average insurance premiums because we've had catastrophic claims.
• I'm guessing that we have above-average insurance premiums because we've had catastrophic claims.

Bills: HF3422, HF3461, HF2904

Keywords: state grants, grant oversight, grants management, executive agencies, Minnesota Department of Administration, commissioner of administration, fraud prevention, waste prevention, grant monitoring, financial reconciliation, grant compliance, state government, public funds, grant recipients, competitive grants, grant administration, administrative oversight, monitoring visits, grant policy, legislative leave

Transcript Highlights:

• on page 66 regarding catastrophic on page 66 regarding catastrophic accident<00:59:52.880> insurance
• <01:00:06.640> injury contract for catastrophic injury contract for catastrophic injury Insurance
• These are called catastrophic insurance policies, and so we would meet that.
• These are called catastrophic insurance policies, and so we would meet that.
• These are called catastrophic insurance policies, and so we would meet that.

Keywords: 1187, senate, all

Transcript Highlights:

• claims process between homeowners and Louisiana Citizens Property Insurance Corporation following catastrophic
• claims process between homeowners and Louisiana Citizens Property Insurance Corporation following catastrophic
• claims process between homeowners and Louisiana Citizens Property Insurance Corporation following catastrophic
• claims process between homeowners and Louisiana Citizens Property Insurance Corporation following catastrophic
• claims process between homeowners and Louisiana Citizens Property Insurance Corporation following catastrophic

Bills: SCR12, HB1259, HB221, HB509, HCR117, HCR58, SCR29, SCR33, SB295, SB312, SB326, SB348, SB485, SCR9, SCR58, SB35, SB65, SB215, SB246, SB249, SB269, SB282, SB296, SB323, SB363, SB369, SB474, SB490, SB492, SB500, SB514, HCR32, HCR5, HCR95, HB75, HB198, HB244, HB302, HB325, HB623, HB719, HB749, HB755, HB761, HB797, HB823, HB1028, HB1049, HB1194, HB1199, HB1201, HB1222, HB17, HB27, HB36, HB41, HB73, HB140, HB166, HB181, HB211, HB223, HB226, HB271, HB308, HB337, HB399, HB410, HB487, HB690, HB712, HB730, HB750, HB759, HB762, HB775, HB906, HB966, HB968, HB1006, HB1009, HB1018, HB1036, HB1062, HB1081, HB1086, HB1098, HB1107, HB1112, HB1203, HB1215, HB1220, HB1242, HB1252, HB1256, SB208, SB217, SB274, SB283, SB300, SB341, SB382, SB387, SB389, SB401, SB408, SB449, SB469, HB74, HB119, HB134, HB368, HB414, HB552, HB732, HB776, HB848, HB870, HB953, HB956, HB1117, HB1236, SB29, SB42, SB43, SB78, SB149, SB441, HB210, HB258, HB359, HB468, HB784

Keywords: logging, recognition, John Keith, environment, safety, HB1259, mask penalty, masked felony, face covering, conceal identity, evade identification, sentencing enhancement, enhanced penalty, felony sentencing, crime deterrence, public safety, Louisiana criminal law, R.S. 14:313.2, R.S. 14:313, R.S. 14:329.7

Summary: The Senate convened with 26 members present, heard a prayer from Dr. Steve Horn, and recited the pledge. The chamber then handled messages from the House, including concurrence in SCR 83 and appointment of conference committee members on several disagreements. A number of Senate resolutions were introduced or adopted, mostly creating study task forces or commending individuals and organizations, including resolutions on energy infrastructure, breast pump access, insurance coverage for auto repairs, biomarker testing, higher education funding, public-private partnership contracting, and various commendations. Several resolutions were adopted without objection, while others were returned to the calendar or concurred in by recorded vote, including SCR 29 and SCR 33 with House amendments. The Senate also considered House and Senate bills and resolutions returned from the House, with many measures adopted or concurred in. Notable actions included concurrence in HCR 117 on homeowner insurance claims processes, adoption of HCR 5 on special red drum harvest permits, and passage of bills on TOPS Tech eligibility (HB 325), vapor product permitting (HB 623), ABLE/Tuition Trust administration (HB 749), design services contracting (HB 755), rare cancer advisory board composition (HB 761), non-emergency medical transportation reimbursement (HB 1028), public meeting notices (HB 1049), healthy food retail financing (HB 1194), genetic testing coverage for SCN2A disorders (HB 1199), grocery initiative grants (HB 1222, which failed), and a constitutional amendment on retirement debt repayment order (HB 27). The chamber also adopted HCR 95, creating a joint rule requiring a fiscal review of certain tax measures for sales and use tax uniformity. Several measures drew extended debate. HB 181, which would allow the legislative auditor access to Medicaid and SNAP-related tax information for eligibility verification and fraud review, prompted concerns about privacy and scope but ultimately passed 26-8. HB 1220 on the State Board of Medical Examiners generated amendment discussion about board composition and transparency, including live video broadcasting of meetings, but was returned to the calendar before final action. HB 1018, creating a temporary local moratorium on certain alcohol permits in one Shreveport district, passed after discussion about broader policy solutions. The Senate then recessed for lunch at 2 p.m. after completing the subject-to-call list for the morning session.

Transcript Highlights:

• <00:22:26.000> aid education aid PNS catastrophic aid education aid PNS catastrophic aid closed
• Now, the actual cost catastrophic aid.
• That's the catastrophic aid category. That's the catastrophic aid category. >> Mhm.
• <00:51:07.119> aid of the column into catastrophic aid of the column into catastrophic aid
• catastrophic aid which we're catastrophic aid which we're appropriating<01:01:04.240> and

Keywords: 928, house, all

Summary: The commission met to approve the November 21, 2025 minutes, making several clerical corrections before adopting them as amended. The edits included adding the date, correcting a misspelled name, clarifying references to a scholarship fund representative’s title, removing an incorrect “DOE” reference, and fixing a few wording errors. The minutes were approved with one abstention from members who were absent. The bulk of the meeting focused on organizing the commission’s work under SB 57 and identifying which special education cost issues should be prioritized for research and reporting. Members discussed a long list of topics, including student referral rates, why students are classified as other health impaired, increases in referrals since school closures, interventions before referral, costs of non-medically necessary services in IEPs and 504 plans, differences between federal and state requirements, reporting of special education costs, out-of-district and residential placements, dispute resolution, Medicaid and insurance use, graduation rates, and adult learning participation. Several members emphasized the need to combine or narrow topics and to gather better data before the report due July 1, 2026. Representative Ames highlighted HB 742, which would eliminate prorated special education aid payments when state appropriations fall short, and explained that the Education Funding Committee recommended interim study. He argued that local districts are bearing too much of the cost and that the state and federal governments should provide more support. Other members raised concerns about rising special education identification rates, possible overidentification, school climate and mental health factors, bullying, staffing, speech therapy access, and residential placements. One member cautioned that DOE website numbers may be inflated or at least difficult to interpret because of how students are counted. Department of Education staff then explained how special education data and costs are monitored. They said student counts are tied to IEPs and SASIDs in the state system, districts are checked through both desk audits and on-site monitoring, and billed services are compared against IEP requirements. They also described IDEA funding, noting that most DOE special education staffing is federally funded, with a large share of federal money flowing through to local education agencies and the remainder supporting administration, monitoring, and training initiatives. Members discussed whether more staff and more robust oversight would improve accuracy and accountability.

Transcript Highlights:

• It had a 10% fee cap for catastrophic losses, 15% fee cap for non-catastrophic losses.
• claim or non-catastrophic claim.
• cap for non-catastrophic losses. cap for non-catastrophic losses.
• <00:14:17.640> claim<00:14:17.880> or it's a catastrophic claim or it's a catastrophic
• <00:31:16.320> and of so many of the catastrophes and of so many of the catastrophes and that's

Keywords: Meeting Start 00:00:00 Call to Order and Roll Call 00:00:02 Discussion HB 144 00:00:58 Vote HB 144 00:02:40 Discussion HB 169 00:03:21 Vote HB 169 00:05:02 Discussion HB 568 00:05:56 Vote HB 568 00:28:27 Discussion HB 627 00:32:26 Vote HB 627 01:00:26, 958, all

Transcript Highlights:

• really unfortunate because in that letter they make it very clear that cuts to Medicaid will be catastrophic
• really unfortunate because in that letter they make it very clear that cuts to Medicaid will be catastrophic
• really unfortunate because in that letter they make it very clear that cuts to Medicaid will be catastrophic
• really unfortunate because in that letter they make it very clear that cuts to Medicaid will be catastrophic
• made it very clear that cuts to Medicaid will be catastrophic for our state. Thank you.

Keywords: 1187, senate, all

Transcript Highlights:

• At our previous oversight hearing, it was relayed that the Fair Plan may be one catastrophe away from
• Unfortunately, that catastrophe took place on January 7th. Companies.
• Unfortunately, that catastrophe took place on January 7th.
• We're a catastrophe insurer. We're insuring in those wildfire areas.
• The closer we can get to that, the better off we're all going to be when that next catastrophe hits and

Summary: The Assembly Insurance Committee held an oversight hearing on the California Fair Plan, focused on the plan’s rapid growth, its financial stability after the January Southern California wildfires, and its role as the insurer of last resort. Fair Plan officials explained that the plan was created in 1968, is a not-for-profit involuntary association of licensed property insurers, and is intended to be a temporary safety net until policyholders can return to the admitted market. They emphasized that the plan is not a state agency or taxpayer-funded, but is regulated by the Department of Insurance and supported by member-company assessments if claims exceed available funds. Victoria Roach and Armand Feliciano said the Fair Plan has grown sharply since 2018 and especially after market pullbacks by major insurers, reaching about 575,000 policies and roughly $600 billion in exposure by spring 2025. They noted that growth is increasingly occurring in lower wildfire-risk areas, where the plan can sometimes be cheaper than the voluntary market, and said this undermines depopulation back into the private market. They also discussed recent policy expansions, including coverage for farms, higher residential and commercial limits, and pending or proposed changes such as AB 290, SB 525, and AB 226, which would add tools like a line of credit and bond access. A major portion of the hearing addressed the January wildfire losses and the plan’s financial response. Fair Plan officials said they assessed member insurers for $1 billion after determining claims and cash flow would exceed available resources, and that the process was approved quickly and paid smoothly, with more than 80% of the assessment collected within 10 days. They also described the reinsurance tower, the plan’s limited surplus, and the need for actuarially sound rates to reduce future reliance on assessments. On claims handling, they said the plan has received over 5,500 claims from the fires, has paid more than $2.9 billion so far, expects total payments near $4 billion, and has focused on advancing payments quickly for total losses and other urgent needs. Members questioned the plan’s solvency, the growth in non-wildfire areas, claim denials, smoke-loss coverage, and how depopulation works. Roach said most closed claims without payment were duplicates rather than denials, and that smoke claims require direct physical loss under the policy, with coverage determined case by case. Public commenters from the California Building Industry Association and the Independent Insurance Agents and Brokers of California said the Fair Plan’s growth reflects a weak voluntary market, inadequate rates, and insurer fear of future assessments, and urged support for rate increases and AB 226. The hearing concluded with no vote, but with a commitment from Fair Plan officials to follow up on unanswered questions and continue providing more transparency through public data and website disclosures.