CA SB1161

Requires admitted insurers with written California premiums of $5,000,000 or more to submit annual reports to the Insurance Commissioner starting March 1, 2021, detailing new policies, renewals, and nonrenewals by ZIP code for residential property insurance.

Maintains existing requirement for insurers with $10,000,000 or more in California premiums to submit biennial fire risk reports, with the premium threshold increasing to $12,000,000 on April 1, 2026, and thereafter every five years.

Subjects insurers failing to submit required reports to civil penalties up to $5,000, or up to $10,000 if the failure is willful, with a 30-day extension available for unintended delays.

Declares information submitted under this bill confidential, exempt from public records requests, and inadmissible as evidence in civil proceedings.

Requires the Insurance Commissioner to submit compiled policy renewal and nonrenewal reports to the legislature and post them on the department website by May 15, 2021, and annually thereafter.