File #: 23-0349    Version:
Type: City Resolution Status: Passed
File created: 4/26/2023 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 5/16/2023 Final action: 5/16/2023
Title: Subject: Resolution In Support Of California Assembly Bill 478 (Connolly) From: President Pro Tempore Kalb And Councilmember Ramachandran Recommendation: Adopt A Resolution In Support Of AB 478 (Connolly) To Prohibit Home Insurance Companies From Cancelling Or Refusing To Renew A Residential Property Insurance Policy For Seniors Aged 65 Years Of Age Or Older Located In A High Or Very High Fire Hazard Severity Zone, Putting A 25% Cap On Increases To Such Senior Homeowner's Policies, And Only Allowing One Premium Hike Every Five Years
Attachments: 1. View Report, 2. View Legislation, 3. 89716 CMS

Title

Subject:                     Resolution In Support Of California Assembly Bill 478 (Connolly)

From:                                           President Pro Tempore Kalb And Councilmember Ramachandran

Recommendation: Adopt A Resolution In Support Of AB 478 (Connolly) To Prohibit Home Insurance Companies From Cancelling Or Refusing To Renew A Residential Property Insurance Policy For Seniors Aged 65 Years Of Age Or Older Located In A High Or Very High Fire Hazard Severity Zone, Putting A 25% Cap On Increases To Such Senior Homeowner's Policies, And Only Allowing One Premium Hike Every Five Years