CA SB1060

Authorizes property insurers using risk models for underwriting to account for wildfire risk reduction from hazardous fuel reduction, home hardening, defensible space, and fire prevention activities.

Requires insurers using underwriting risk models to report annually to the Department of Insurance starting January 15, 2026, and each January 15 thereafter, on the extent to which their models account for the specified risk mitigation categories, including application and renewal data by ZIP Code.

Mandates the Department of Insurance to post reported information on its website, excluding confidential or proprietary information.

Reporting requirement expires January 1, 2036.

Expresses legislative intent to ensure wildfire risk reduction actions are considered in property insurers' underwriting evaluations while preserving insurers' discretion in underwriting decisions.