CA AB41

Requires admitted California insurers to report all community development and infrastructure investments to the Insurance Commissioner by January 1, 2014, with public information to be provided on the Department's website by May 31, 2014.

Allows insurers in holding company systems to file investments as a single group and permits insurers with at least 10% ownership in COIN-certified community development financial institutions to satisfy reporting requirements through those institutions.

Mandates insurers writing premium of $100 million or more annually to develop and file a community development investment policy statement by July 1, 2011, expressing investment goals for the current and following calendar year, with biennial reviews thereafter.

Requires the Department to establish a public website link providing access to each insurer's policy statement and community development investment data.

Extends the repeal date of these provisions from January 1, 2011 to January 1, 2015, and allows the Commissioner to request voluntary data on community development investments after the repeal date.