Title:
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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
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