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CA AB844

Bill

Status

Passed

10/7/2023

Primary Sponsor

Mike Gipson

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • Department of Insurance shall collect data on availability and affordability of insurance for heavy-duty trucks utilizing zero-emission technologies, with admitted insurers required to respond to the first bulletin by May 1, 2024.

  • Data collections must include information on whether insurers offer zero-emission truck insurance, loss experience per claim, number of vehicles covered, policy-level premiums, and coverage limits organized by truck type and fleet composition.

  • Department shall publish collected data in aggregate form on its website without identifying individual respondents or insurers, with submitted information remaining confidential and exempt from public records requests and civil proceedings.

  • Department shall create a consumer-focused online resource tool in consultation with the State Air Resources Board to help the public find insurance options for battery-powered, hydrogen-powered, and other zero-emission truck technologies.

  • Department shall develop a strategy by January 1, 2025 to address insurance gaps for new heavy-duty truck technologies, including evaluation of establishing a risk pool and assessment of market availability and affordability for zero-emission fleets.

Legislative Description

Zero-emission trucks: insurance.

Last Action

Chaptered by Secretary of State - Chapter 347, Statutes of 2023.

10/7/2023

Committee Referrals

Appropriations7/12/2023
Judiciary6/29/2023
Insurance5/17/2023
Rules5/4/2023
Appropriations4/12/2023
Insurance3/21/2023
Transportation2/23/2023

Full Bill Text

No bill text available