CA SB1043

Requires the California Department of Insurance to prepare an annual report tracking changes in the number of FAIR Plan insurance policies by ZIP Code for the prior calendar year

Mandates the report be submitted to the Legislature and publicly posted on the department's website by July 1, 2027, and each July 1 thereafter

Addresses transparency concerns regarding California's insurer of last resort, which provides basic property insurance to homeowners unable to obtain coverage through standard insurance markets

Requires a majority vote to pass, involves fiscal committee review, and does not require an appropriation or create a local program mandate