CA AB1099

Extends California Organized Investment Network (COIN) provisions until January 1, 2024, requiring insurers with annual California premiums of $100,000,000 or more to report community development, infrastructure, and green investments for calendar years 2016-2020 by July 1, 2021.

Requires the Insurance Commissioner to publish aggregate investment data and COIN's analysis of investment opportunities on the department's website by December 31, 2021, including identification of high-impact investments and information on green investments.

Expands the COIN Advisory Board's duties until January 1, 2029, to include advising on social, economic, and environmental benefits to underserved and low-to-moderate-income communities.

Adds a representative with experience seeking investments that provide environmental benefits to the 12-member Advisory Board and requires the board to elect both a chair and vice chair.

Establishes legislative findings that insurers should support investments promoting social, economic, and environmental benefits, and authorizes COIN to create investment opportunity bulletins and conduct marketing outreach efforts.