CA AB234

Adds the Speaker of the Assembly and the Chairperson of the Senate Committee on Rules as nonvoting, ex officio members of the California FAIR Plan Association's governing committee, with authority to name designees

The FAIR Plan is a joint reinsurance association providing basic property insurance to Californians unable to obtain coverage through normal insurance channels

Enacted as an urgency statute taking effect immediately upon approval (October 9, 2025) due to catastrophic wildfires and concerns about the FAIR Plan's financial capacity to pay claims

The Legislature cited the FAIR Plan's significant growth and the need for increased transparency as justification for adding legislative oversight members