California Issues Mandatory Moratorium on Policy Cancellations and Non-Renewals
California Issues Mandatory Moratorium on Policy Cancellations and Non-Renewals
California Issues Mandatory Moratorium on Policy Cancellations and Non-Renewals
On August 1, 2022, the California Department of Insurance (CDI) issued Bulletin 2022-9 regarding a mandatory moratorium on residential property insurance policy cancellations and non-renewals after the declaration of a state of emergency.
California Governor Gavin Newsom issued a state of emergency proclamation on July 23, 2022 for the Oak Fire covering Mariposa County.
The specifics of the CDI's moratorium are outlined within the Bulletin. It applies to the following zip codes:
- Oak Fire: 93601, 93623, 93653, 95306, 95311, 95318, 95325, 95338, 95345, 95369, 95389